November 2013/1

Endurance has hired former Alterra executive Doug Worman to head up its US insurance division as it continues to build out its primary operations globally, The Insurance Insider revealed last month.

At least seven of the biggest marine P&I clubs have now confirmed they are increasing 2014 premiums

The CEO of Zurich Insurance's centrally managed business (CMB) Patrick Tiernan has left to join Enstar, The Insurance Insider understands

Two new pieces of guidance proposed by the Prudential Regulation Authority (PRA) could drive "sensible, viable and profitable businesses" away from the EUR45bn UK legacy market, industry experts have warned

The People's Insurance Company of China (PICC) has trumpeted its new status as a major player in the international (re)insurance space by lining up alongside Berkshire Hathaway to participate in Willis' long-meditated follow-form facility

Klaus Endres has left his position at Axa Liabilities Managers (Axa LM)

The continued strength of demand from multinational cedants for aggregate catastrophe cover has been demonstrated by both Axa and AIG deciding to purchase sizeable sideways covers on a global basis, The Insurance Insider can reveal...

In a highly unusual development, the normally circumspect reinsurer was forced to justify its legacy claims-paying record

The ABI said it is the "end of the beginning" for Solvency II amid mounting expectations that EU governments will shortly reach a final agreement on the long-delayed new capital regime for insurers

A survey of industry professionals found that over two thirds believe terrorism coverage would decrease or completely disappear if the US government were to allow the federal backstop provided by the Terrorism Risk Insurance Act (TRIA) to lapse

Insurers have rallied against a proposal from the House of Representatives to stall the implementation of the Biggert-Waters Flood Insurance Reform Act

Treaty reinsurers will escape almost entirely unscathed from the European windstorm that has been variously dubbed Christian and the St Jude's Day storm, it is understood.