October 2015/1

Xchanging shares soared more than 50 percent at market opening on 5 October following the news it had received two separate takeover approaches.

International broker AJ Gallagher (AJG) has denied claims that a senior vice president was sidelined after she reported a number of sexual harassments to her manager, who is allegedly a member of the Gallagher family.

As it prepares for an IPO China Re is facing a disproportionately high net loss from the explosions at the Port of Tianjin, owing to its relatively sparing use of outwards reinsurance.

Allianz Global Corporate & Specialty (AGCS) has continued to build its financial lines team in North America ahead of an official launch with the hire of Lance Dalzell-Piper, The Insurance Insider can reveal.

Martin Hudson, former director of underwriting at Mitsui Sumitomo at Lloyd's, has re-emerged as CEO of Old Mutual Specialty Insurance, The Insurance Insider has learned.

Novae has continued the rapid build-out of its business by hiring CNA Hardy's senior construction underwriter Steve Cross, The Insurance Insider can reveal.

We're not generally known as a studious sector, so who knew that we in the global (re)insurance world needed to be so learned in the academic disciplines of philosophy and theology?

(Re)insurers are beginning to digest proposed changes to AM Best's Capital Adequacy Ratio (BCAR) that could drive significant demand for cat reinsurance, particularly from smaller, regional US buyers, The Insurance Insider can reveal.

Swiss Re is at risk of losing well over $1bn of in-force Chinese premium over the next three years as the market's new solvency regulatory regime takes a major bite out of its top line, with Munich Re also set to forfeit hundreds of millions of dollars of its own business, The Insurance Insider understands.