May 2016/5

Kevin Cunningham, one of the founding partners of Fenchurch Advisory Partners, has left the boutique financial adviser, The Insurance Insider can reveal.

Dysfunctional communication in company boards is impeding best business practice and causing groups of "very smart" people to sometimes make "very dumb" collective decisions, according to professional services firm RPC and consultancy Glowinkowski International.

Senn commits suicide; Aspen appoints credit and surety heads; Towergate hires Dual duo; Axa realigns senior management; Barclays appoints new UK leadership; Chubb hires Polybank; Helios acquires; Nexus and XL Catlin sign financial lines deal; Indian insurers to reveal executive pay; Ropner hires six; Lloyd's construction consortium expands; Sciemus hires Lloyd's emerging risks manager; Sony reveals $1bn Kumamoto loss; Davies joins Eliot Partnership; Navigators to pay first ever dividend

XL Catlin CEO Mike McGavick has criticised the complexity of the Solvency II regime, which came into effect almost six months ago.

The Irish Taoiseach Enda Kenny underlined the importance of the UK's upcoming European referendum at the International Insurance Conference hosted by Insurance Europe last week (25 May).

Programme carrier Spinnaker is targeting other US southeast states including Texas and Florida as it continues to build out its homeowners' underwriting and distribution platform, The Insurance Insider can reveal.

Lloyd's is launching a portfolio review into select lines of business including aviation, terrorism and energy across all syndicates, The Insurance Insider understands.

CV Starr and American International Group (AIG) are among the (re)insurers with the biggest lines on the $386mn property insurance policy exposed to an explosion that killed 32 people at a petrochemical plant in Mexico last month, The Insurance Insider can reveal.

London-listed insurer RSA has informed its reinsurers that it expects to incur C$350mn-C$450mn ($270mn-$347mn) of claims from the Fort McMurray wildfires, The Insurance Insider can reveal.

Macquarie analyst Amit Kumar has advised investors to hold their nerve with reinsurance stocks during the Florida hurricane season, despite forecasts of the state's most severe season for a decade.

What is the difference between an averagely-performing company and an excellent one?

A two-speed market emerged for pricing at the key 1 June Florida renewal as reinsurers increasingly differentiated between better quality risks and what they perceived as inferior cedants, The Insurance Insider can reveal.