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Speare-Cole resurfaces at tech firm Fractal Industries

Former JLT Re CEO Alastair Speare-Cole has joined Virginia-based tech firm Fractal Industries as president of its (re)insurance division.

Catrin Shi, 08 November 2017
ProSight posts a 6% gain in US profit for Q3

ProSight Specialty, the private equity-backed carrier that recently placed its Lloyd's business into run-off, has broken out US figures to reveal pre-tax third quarter earnings that rose 6 percent from the year-ago period.

Ted Bunker, 08 November 2017
Aviation hull war market facing $70mn Siam Air loss

The niche aviation hull war market is facing the prospect of an underwriting loss for 2017 following the confiscation of two Siam Air Transport planes, The Insurance Insider can reveal

Adam McNestrie, 08 November 2017
Underwriting chief Jackson leaves TMR UK

Tom Jackson, head of underwriting for Tokio Millennium Re (TMR)'s UK branch since 2011, has left the company, The Insurance Insider can reveal.

Marcus Alcock, 08 November 2017
PartnerRe appoints Hussain as CRO from The Hartford

Turab Hussain has been appointed as PartnerRe's new chief risk and actuarial officer

Adam McNestrie, 08 November 2017
Former JLT Bermuda head moves to Lockton

Lockton has hired Gareth Davies, the former CEO of JLT Bermuda Specialty, as senior vice president, property, Bermuda

Adam McNestrie, 08 November 2017
Opinion: AmTrust’s wild ride

AmTrust has largely been a tale of woe for investors this year, despite multiple moves by management to burnish the insurer's image, boost its balance sheet and disentangle it from related entities

Ted Bunker, 08 November 2017
Starr ‘committed to’ Singapore despite Lloyd’s retreat

Starr said it is still "fully committed" to the Singapore insurance market as it it is to close its Lloyd's Singapore underwriting platform to new business.

Catrin Shi, 08 November 2017
Hannover Re falls to loss on EUR736mn Q3 cat impact

Hannover Re fell to a Q3 operating loss of EUR33mn ($38.2mn) at its P&C reinsurance division, following EUR735.6mn of net natural catastrophe losses in the third quarter.

Catrin Shi, 08 November 2017
Facilities under spotlight in FCA probe

The UK Financial Conduct Authority (FCA) said the growth in facilities over the past decade had given rise to competition concerns, as it launched its long-awaited study of the wholesale insurance brokers market.

Laura Board, 08 November 2017

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