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Keating scores partial injunction in Worldwide dispute
US wholesaler Keating has secured a partial injunction in a legal battle to restrain a group of ex-employees from pitching their new employer, Worldwide Facilities, to former Keating colleagues and clients.
David Bull
,
02 March 2018
Opinion: Bermuda bounceback
Any observer who had read headlines around the Bermudian (re)insurance industry over the last few weeks would be forgiven for thinking there was a bit of a cloud hanging over the usually sunny Atlantic island.
Charlie Thomas
,
02 March 2018
Swiss Re receives licence to write direct in Mexico
Swiss Re Corporate Solutions has got the green light to operate as a direct insurer in Mexico, the carrier announced yesterday.
Charlie Thomas
,
02 March 2018
ProSight books $36.6mn profit for US business
ProSight Specialty, the private equity-backed carrier that placed its Lloyd's business into run-off last year, has reported a pre-tax profit of $36.6mn for its US-produced business in 2017.
Charlie Thomas
,
02 March 2018
Catastrophes push State Farm P&C to $1.7bn loss
State Farm's P&C companies reported a pre-tax operating loss of $1.7bn in 2017, as claims from significant catastrophe events hit the bottom line.
Charlie Thomas
,
02 March 2018
Maiden CEO reflects on ratings risk due to Q4 loss
Maiden Holdings faces “a risk of a downgrade” after posting a fourth quarter operating loss of $138.7mn, driven by $143mn in reserve strengthening tied to its AmTrust business, CEO Art Raschbaum said yesterday.
Ted Bunker
,
02 March 2018
Robertson Taylor co-founder Ian France passes away
Ian France, who helped form entertainment broker Robertson Taylor, has died, the company’s parent firm, Integro, said today.
Anthony Baldo
,
02 March 2018
Commercial rates edge up in evolving US sector: CIAB
Commercial insurance rates rose 0.3 percent on average during the fourth quarter for the first gain across all-sized accounts in over three years in the US, The Council of Insurance Agents & Brokers (CIAB) said today in its Q4 2017 survey.
David Bull
,
02 March 2018
Marine PPL risks tick up over January
The number of marine risks being bound on the Placing Platform Limited insurance exchange rose 21 percent over January, compared to December, data released today show.
Bernard Goyder
,
02 March 2018
RMS taps Valley veteran to replace co-founder Shah
Catastrophe modeller RMS has replaced co-founder and CEO Hemant Shah, naming Silicon Valley and FinTech veteran Karen White as its new CEO.
Ted Bunker
,
01 March 2018
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