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French government places CCR Re up for sale five years after its launch

The standalone international reinsurer wrote EUR842mn in premium and booked a 96.6% combined ratio in 2021.

Adam McNestrie, 09 May 2022
AUB-Tysers contract includes indemnity clauses relating to SFO/DoJ investigations

The Australian buyer’s deal disclosures reveal details around regulatory probes into the London market wholesaler.

Rachel Dalton, 09 May 2022
Insurance curb to stay as EU’s wider oil shipping proposals shelved: reports

Plans to ban the shipping of Russian oil met with strong opposition from Greece, which has a large shipping industry.

Samuel Casey, 09 May 2022
Dubai Aerospace files $1bn insurance claim for aircraft in Russia

The lessor is recording a write-off for 19 aircraft leased to Russian airlines after it successfully recovered three planes since the start of the outbreak.

Aisling Finn, 09 May 2022
Pool Re lowers price of terrorism reinsurance

Pool Re estimated pricing could fall by about 20% outside central London and by more than 30% in many non-urban areas.

Luke Harrison, 09 May 2022
Littlemore and Welch to exit Axa XL in reinsurance leadership reshuffle

The reorganisation is one of the first major changes to the reinsurance arm since Nancy Bewlay became CEO of the division.

Catrin Shi, 09 May 2022
Arch lands Lockton’s Stallard in cargo and logistics team expansion

Arch launched a cargo and logistics division in March 2021, one of several carriers bringing new capacity to the market.

Samuel Casey, 09 May 2022
Gallagher Re warns carriers of ‘pernicious’ long-lasting inflation

Rising investment yields may not keep pace with increasing claims costs, the broker said.

Rachel Dalton, 09 May 2022
AUB enters binding agreement to purchase Tysers for A$880mn

An additional deferred consideration of up to A$176mn may be payable two years after the completion, subject to Tysers reaching agreed revenue targets.

Luke Harrison, 09 May 2022
PV facilities under the microscope as Ukraine throws shadow over viability

It is understood that the Marsh and Aon Alpha facilities are those with the most exposure to the war in the Ukraine.

Luke Harrison, 09 May 2022

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