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Price drops 15% for Pelican Re cat bond

Pricing for the Pelican IV Re 2018-1 cat bond has decreased 15 percent, despite the new inclusion of thunderstorm risk.

23 April 2018
IAG sells Asian businesses: report

Australian carrier IAG is set to dispose of its four businesses in Southeast Asia in deals worth around $500mn, according to a Reuters report.

John Hewitt Jones, 23 April 2018
Reinsurer ex-cat AY combined ratio 94.6% for 2017: Willis Re

The average ex-cat accident-year combined ratio at global reinsurers stood at 94.6 percent for 2017, according to Willis Re.

Catrin Shi, 23 April 2018
NatGen’s Wells Fargo CPI business still under scrutiny

Wells Fargo's $1bn fine over force-placed auto insurance may end that woeful chapter for the third-largest US bank but National General, the carrier entangled in the scandal, remains under scrutiny, The Insurance Insider understands.

Ted Bunker, 21 April 2018
BB&T insurance deal expected to net $200mn for Regions

Insurance broker owner BB&T's purchase of Regions Financial's retail brokerage unit will yield an approximately $200mn after-tax gain, the seller said today in reporting its first quarter results.

Laura Sanicola, 21 April 2018
Nationwide E&S pulls back from NY construction

Nationwide E&S has withdrawn from the brokered New York construction market.

David Bull, 20 April 2018
IG selects XoL reinsurance tender shortlist

The International Group has shortened the list of firms being considered to broker its XoL reinsurance programme to four, The Insurance Insider can reveal.

John Hewitt Jones, 20 April 2018
CFC terrorism leader moves to ACN

Luke Overall has joined the US retailer broker.

Bernard Goyder, 20 April 2018
An adventurous spirit was fully on display throughout RIMS

I was last at RIMS almost 20 years ago.

Anthony Baldo, 20 April 2018
Cobalt exploring internal restructure to launch at Lloyd's

Shariah-compliant start-up Cobalt is exploring an internal restructure that would inject additional money into the company via investment vehicle Trebuchet, The Insurance Insider can reveal.

Adam McNestrie, 20 April 2018

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