October 2014/4

Amlin has completed its previously announced agreement to increase its stake in insurance-linked securities (ILS) fund manager Leadenhall Capital Partners from 40 percent to 75 percent.

Some $3.8bn of cat bonds will come off-risk in the next two quarters in an unprecedented volume of maturities within the market, Munich Re noted in its latest quarterly insurance-linked securities (ILS) report.

P&C heavyweight AIG has signed up to provide backing for an MGA writing Shariah-compliant commercial insurance business, the carrier announced on 23 October.

The recent influx of hedge funds and alternative capital is set to change the way the (re)insurance industry operates and Ace intends to lead the charge, according to its CEO Evan Greenberg.

ANV Holdings has hired underwriter Julian Barker to work for its Syndicate 1861 political risk and violence team, the Netherlands-headquartered specialty insurer announced.

Senior energy underwriter James Leeper has left his position at Aspen to join Skuld, where he will take on the role of interim head of offshore energy, The Insurance Insider understands

Mark Church has been promoted to head of global general aviation for the Aon Aviation Global Specialty team, The Insurance Insider has learned.

Martin McCarron is leaving his role as class underwriter in the financial risk division of Catlin to become head of financial institutions at Markel International.

Guy Carpenter has continued to expand its US specialty offerings with the launch of a new healthcare and life practice to focus on the needs of providers and insurers in the sector.

Bermudian reinsurer forecasts 20 percent RoE on new business as rivals cut back

So-called "all risk" policies written by Lloyd's underwriters should not exclude cyber as standard, the market's director of performance, Tom Bolt, told The Insurance Insider.

London-listed services provider Randall & Quilter (R&Q) said that it is open to assisting more prospective Lloyd's entrants, following the news that the Standard Club is joining China Re in launching a 2015 start-up syndicate on Lime Street.