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Opinion: Aspen profit warning
If Aspen was already seen as a likely candidate for a potential takeover, then its fourth quarter profits warning yesterday will only have reinforced that view.
David Bull
,
26 January 2018
Risksmith set for inland marine entry with Folkes hire
US managing general underwriter platform Risksmith Insurance Services is set to enter the inland marine and real estate segments after hiring Chadd Folkes from Sompo International, The Insurance Insider can reveal.
David Bull
,
26 January 2018
AHJ adds Atkin as non-executive director
Specialty (re)insurance broker Alwen Hough Johnson (AHJ) has appointed former Lloyd's deputy chairman Rupert Atkin as a non-executive director.
John Hewitt Jones
,
26 January 2018
CNA makes commercial insurance promotions
CNA has made three leadership appointments within its commercial insurance division.
Catrin Shi
,
26 January 2018
Adnoc refinery claim soars towards $2bn
The claim arising from a blaze at an Abu Dhabi National Oil Company (Adnoc) facility a year ago has deteriorated by as much as $1bn, and could now cost the market $2bn, The Insurance Insider can reveal.
26 January 2018
Aspen Insurance CEO Postlewhite departs
Aspen Insurance CEO Stephen Postlewhite has stepped down from his position a day after the carrier warned of a $245mn Q4 underwriting loss.
John Hewitt Jones
,
26 January 2018
Aspen stock down 11% after Q4 profit warning
Aspen shares plunged 11 percent in early trading in New York today as investors reacted to the firm's warning of a $245mn underwriting loss for the fourth quarter.
Catrin Shi
,
26 January 2018
The Hanover backs US-focused equine insurance MGA
Chaucer is re-entering the bloodstock market by backing an MGA startup led by former XL Catlin underwriter and ex-jockey William Hill.
Bernard Goyder
,
26 January 2018
Chubb promotes Moghrabi to work with PICC partners
Chubb has named an executive to work with China’s PICC Property & Casualty Company clients under a strategic cooperation agreement the two insurers set up late last year.
Ted Bunker
,
26 January 2018
Gallagher shares jump 7% after Q4 earnings beat
Shares of AJ Gallagher rose over 7 percent in New York trading today after the broker topped market expectations with its fourth quarter earnings, posted late yesterday.
Ted Bunker
,
26 January 2018
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