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Hyperion in talks as it seeks fresh capital

Distribution giant Hyperion is in talks with a number of financial investors as it looks to raise substantial additional equity capital, The Insurance Insider can reveal.

Adam McNestrie, 12 October 2017
Axis pegs net Q3 pre-tax cat losses at $617mn

Axis Capital has said its net losses from the unusually active third quarter are likely to total $617mn before tax.

Dan Ascher, 12 October 2017
Arch Capital sets Q3 cat losses at up to $345mn

Arch Capital Group pegged its third quarter catastrophe losses at as much as $345mn after taxes, net of reinsurance recoveries and reinstatements, mainly from the period’s three hurricanes and two major earthquakes in Mexico.

Iulia Ciutina, 12 October 2017
Everest Re sets Q3 pre-tax cat loss at $1.2bn

Everest Re estimated it will report $1.2bn in pretax catastrophe losses for the third quarter, net of reinsurance recoveries and reinstatement payments.

Iulia Ciutina, 12 October 2017
Advent enters European partnership with Van Ameyde

Advent Claims has entered into a partnership agreement with pan-European claims specialist Van Ameyde in a move designed to expand its geographical reach.

Charlie Thomas, 12 October 2017
Chubb hires Rayfield as Singapore’s head of casualty

Chubb has promoted Edward Rayfield to the position of head of casualty in Singapore.

Laura Board, 12 October 2017
‘Innovation economy’ calls for new insurance playbook: WEF

A paucity of data about emerging issues means carriers will need alternative information sources in the so-called fourth industrial revolution, according to a World Economic Forum-backed report

Laura Board, 12 October 2017
Vault Reciprocal Exchange gets A- rating from AM Best

High net worth (HNW) startup Vault has been granted an A- rating by AM Best for its reciprocal exchange vehicle as it prepares to begin underwriting in Florida this month.

David Bull, 12 October 2017
Booth named Barbican Managing Agency underwriting director

Barbican Insurance Group has promoted Syndicate 1955 active underwriter David Booth to the new role of director of underwriting for Barbican Managing Agency Ltd (BMAL).

Catrin Shi, 12 October 2017
Opinion: A hard market?

Is Hiscox calling a hard market?

Adam McNestrie, 12 October 2017

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