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Technology key to emerging markets growth: Lloyd’s Beale

Technology will be a critical force in countering the London market's loss of market share in emerging economies, Lloyd's CEO Inga Beale said last week.

Laura Board, 06 March 2018
NotPetya in the West would ‘turn cyber market on head’

If last year's NotPetya ransomware attack had been focused on Western economies rather than Eastern Europe it would have "turned the cyber insurance market on its head", according to Sompo International's global cyber product leader Brad Gow.

David Bull, 06 March 2018
Japanese and Europeans the buyers to watch: Deloitte

Specialty carriers in the P&C and run-off segments will experience the most transaction activity in the insurance sector over the coming year, according to professional services firm Deloitte.

Anthony Baldo, 06 March 2018
Axa-XL: An expensive deal predicated on the long run

On Monday Axa surprised markets with a $15.3bn deal to purchase Bermudian (re)insurer XL, with the $57.60 a share offer representing a 33 percent premium to the target's closing share price on 2 March.

Gavin Davis, 06 March 2018
McGavick payout ranks behind Noonan, Carmilani and Charman

XL CEO Mike McGavick could receive around $53.8mn from his firm's sale to Axa, but the executive's compensation is dwarfed by that received by other peers who have sold up in recent years.

Charlie Thomas, 06 March 2018
McGavick payout ranks behind Noonan, Carmilani and Charman

XL CEO Mike McGavick could receive around $53.8mn from his firm's sale to Axa, but the executive's compensation is dwarfed by that received by other peers who have sold up in recent years.

Charlie Thomas, 06 March 2018
No point in sticking to your knitting if no one buys woollens

It's amazing how secular trends work their way back and forth across the corporate world down the generations. They ebb and flow like the tides.

Mark Geoghegan, 06 March 2018
Axa-XL flags shift in specialty (re)insurance ownership

This week Axa announced a $15.3bn agreement to purchase Bermudian (re)insurer XL at close to 2x tangible book value, with the merged entity set to become the largest commercial lines insurer in the world.

Adam McNestrie, 06 March 2018
Perils puts final Zeus toll at EUR272mn

Catastrophe data aggregator Perils has cut its loss estimate for last year's cyclone Zeus by 4.2 percent in its final evaluation of the damage.

Bernard Goyder, 06 March 2018
GRP recruits Primary Group CEO

Global Risk Partners (GRP), a UK broker and MGA consolidator, has recruited Clive Nathan as CEO of its delegated underwriting business, the company said today.

Bernard Goyder, 06 March 2018

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