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Fairfax-backed Digit to buy India's ITI Re: report
It is understood that ITI had been struggling to write business and its future as the Indian insurance market's only privately owned reinsurer was in doubt.
Bernard Goyder
,
28 June 2018
Lockton hires former Willis Re specialty chief Ridge
Jerry Ridge will be joined by Willis Re’s Jennifer Jones in the global group.
Laura Board
,
28 June 2018
Property chief Heath leaves Axis Specialty
Many considered the UK property book that Heath wrote to be the jewel in the crown of the old Novae business.
Adam McNestrie
,
28 June 2018
Direct Insurance Group mints warranty and affinity MGA
Novus Underwriting is targeting EUR250mn in GWP within five years.
Catrin Shi
,
28 June 2018
Eiopa dispenses new Brexit warning
The EU insurance regulator says “swift actions” are needed from both the industry and supervisors to ensure consumer protection.
Laura Board
,
28 June 2018
Validus Specialty draws COO from XL Catlin
Bob Eells will be COO of Validus Specialty, Western World and Crop Risk Services.
Laura Board
,
28 June 2018
July renewals could achieve rate increases of 2-3%: Bernstein
Analysts at Bernstein believe July’s renewals will outperform increases seen in June, but rates in 2019 will flatten.
Charlie Thomas
,
28 June 2018
The new occupants of key London market positions face a remarkable number of issues
Can we have faith that the new generation of guardians are made of the right stuff, and have the strength, guile and integrity to lead London through this most testing of times?
Charlie Thomas
,
28 June 2018
Munich Re hoists 'for sale' sign over Beaufort
The move comes just over a decade after Munich Re bought its second Lloyd's business.
Adam McNestrie
,
28 June 2018
EverQuote IPO prices above indicative range
The Nasdaq offering raises more than $84mn for the company and selling shareholders including Link Ventures.
Bernard Goyder
,
28 June 2018
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