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SoftBank pursues Indian insurance price aggregator: Bloomberg

Japanese telecoms and internet investor SoftBank Group is in talks to back Indian digital insurance aggregator PolicyBazaar at a valuation of at least $800mn, according to Bloomberg

John Hewitt Jones, 25 January 2018
UK trade credit insurers face £31mn Carillion loss bill: ABI

UK trade credit insurance losses from the collapse of contractor Carillion are estimated at £31mn ($44.2mn), according to the Association of British Insurers.

Bernard Goyder, 25 January 2018
Sompo bolsters sidecar tally

Sompo International has become the latest of a parade of reinsurers to establish sidecars in the past month, as it announced a $62mn back-up vehicle for its global catastrophe reinsurance portfolio.

Fiona Robertson, 25 January 2018
JLT Re: cat losses hit record $140bn in 2017

Annual insured catastrophe losses surpassed $140bn for the first time last year following the California wildfires and hurricanes Harvey, Irma and Maria (HIM), according to JLT Re.

Lucy Jones, 25 January 2018
AIR: Friederike losses could reach EUR2.6bn

Insured losses for European winter storm Friederike could reach as high as EUR2.6bn, modelling firm AIR Worldwide estimated, which would make it one of the four most damaging continental storms on record.

Sofia Geraghty, 25 January 2018
Lloyd’s CFO warns over use of facilities

Lloyd's chief financial officer John Parry has cautioned against syndicates using broker facilities to gain a toehold in new classes of business.

John Hewitt Jones, 25 January 2018
Brokers given extra time in FCA wholesale market probe

Insurance brokers have gained a six-week reprieve from a series of deadlines for providing the Financial Conduct Authority (FCA) with information requested for the regulator’s keenly watched wholesale insurance market study.

Adam McNestrie, 25 January 2018
MGA platform Volante makes actuarial, operations hires

MGA platform Volante has bolstered its leadership team with two senior appointments.

John Hewitt Jones, 25 January 2018
Alesco picks Miller energy broker

Alesco Risk Management Services has recruited an energy broker from Miller Insurance Services.

Bernard Goyder, 24 January 2018
Opinion: Travelers' pricing power

As anyone following Travelers in recent years will know, the US insurance giant's management are reluctant to accept the "bellwether" moniker bestowed upon them by many industry commentators

David Bull, 24 January 2018

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