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Esser’s AFL hires wholesale property head from Lockton

AFL, the broker backed by former Cooper Gay CEO Toby Esser, has hired Neil Crouch to lead its new wholesale property practice.

Laura Board, 09 October 2017
The Insurance Insider Monte Carlo Roundtable 2017

In many ways this publication's Monte Carlo Roundtable has become the definitive event of the gathering.

Insurance Insider team, 09 October 2017
TigerRisk adds Ruff to reinsurance unit

Intermediary TigerRisk brought on Seth Ruff from Swiss Re to run its reinsurance solutions unit.

Ted Bunker, 09 October 2017
AM Best downgrades ProSight to A-

ProSight Specialty's financial strength rating has been downgraded one notch to A- from A by AM Best, citing "a material downturn in operating results" over the past two years.

Ted Bunker, 09 October 2017
MS&AD to acquire 15% stake in Swiss Re’s ReAssure

Japanese insurer MS&AD Insurance Group Holdings has agreed to invest up to £800mn ($1.04bn) in Swiss Re's UK closed life book consolidator ReAssure.

Adam McNestrie, 06 October 2017
Opinion: Continued uncertainty

Weather-worn (re)insurers will be fearing the worst but hoping for the best as Nate threatens to open up the fourth quarter with another set of insured losses from a US landfalling hurricane

David Bull, 06 October 2017
JLT expects minor insured loss from Nate

The US remains braced for Tropical Storm Nate to hit the US Gulf Coast as a Category 1 hurricane on Sunday morning local time (8 October)

Bernard Goyder, 06 October 2017
Lancashire and Validus have highest Gulf of Mexico PMLs

Lancashire and Validus have the largest disclosed probable maximum loss (PML) figures for Gulf of Mexico wind risk at both the 1-in-100-year and 1-in-250-year return period, as Tropical Storm Nate threatens to bear down on the region at hurricane strength.

Catrin Shi, 06 October 2017
Louisiana’s residual insurer exposed to Nate

Residual insurer, Louisiana Citizens, has $650mn of reinsurance cover which could be impacted by tropical storm Nate following the National Hurricane Center’s (NHC) issuance of a hurricane warning for the area of Louisiana stretching from Morgan City to the Mississippi border.

Dan Ascher, 06 October 2017
Willis Re and TigerRisk partner on placement platform

Willis Re and TigerRisk have invested in a third-party company that will take the existing X-gRm initiative and develop it into a broader, enhanced online placement platform for the reinsurance industry

Adam McNestrie, 06 October 2017

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