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Aspen Re to shutter Paris and Cologne offices

Aspen Re is to close its Paris and Cologne offices following a review that will see it restructure the way it writes its international property facultative account, The Insurance Insider can reveal

Charlie Thomas, 12 January 2018
Aviation market takes ‘baby steps’ to hardening

The global aviation market is starting to harden, with loss-hit accounts achieving rate increases in the fourth quarter, according to JLT Specialty.

Bernard Goyder, 12 January 2018
Tobin brings Aon property team to Alliant

Al Tobin and a trio of property broking executives have moved to Alliant from Aon Risk Services, The Insurance Insider can reveal.

David Bull, 12 January 2018
Acrisure-Beach tie-up ‘deeply strategic’: Millwater

Beach's sale to acquisitive Midwestern broking powerhouse Acrisure is a "deeply strategic" move that will fuel the growth of both businesses, according to Beach group CEO Grahame Millwater.

Adam McNestrie, 12 January 2018
McCafferty leaves Axa after less than a year

Brendan McCafferty, CEO of Axa's intermediated and direct insurance business in the UK, is to leave the firm with immediate effect as part of a wider management restructure at its UK operations.

Catrin Shi, 12 January 2018
Opinion: when nice pays

Can you be nice strategically?

Adam McNestrie, 12 January 2018
Perils holds Egon loss estimate unchanged at EUR275mn

Catastrophe data aggregator Perils has finalised its property insured loss estimate from extratropical cyclone Egon at EUR275mn ($329mn).

Catrin Shi, 12 January 2018
Allianz cleared for EUR1.1bn Euler Hermes tender offer

Allianz will open the tender offer for the remaining shares in trade credit insurer Euler Hermes after it was granted approval from the French markets regulator AMF.

Catrin Shi, 12 January 2018
California slide losses may top $100mn: Aon Benfield

Mudslides created by torrential rainfall on burned-over, bone dry hillsides along the Southern California coast between Santa Barbara and Los Angeles produced losses that will likely rise above $100mn, Aon Benfield said late Thursday.

Ted Bunker, 12 January 2018
Verisk’s ISO sets up program for homeowner flood cover

Verisk’s ISO business is offering a personal lines flood insurance program that it expects to make available to participants across most of the US, joining a commercial lines program it started over last summer.

Ted Bunker, 12 January 2018

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