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CRC crunches panel for $1bn London wholesale book

US wholesale broking giant CRC Insurance Services has cut its panel of London market wholesale intermediaries to a small handful, The Insurance Insider understands.

Adam McNestrie, 26 September 2017
Lloyd's lures top cat modeller from Scor

Lloyd's named Scor's Kirsten Mitchell-Wallace as head of risk aggregation.

Bernard Goyder, 26 September 2017
Opinion: All change for growth

The departure of Rob Schimek from AIG announced in yesterday's reorganisation will not have come as a surprise to all, with the move mooted for some time in senior industry circles

David Bull, 26 September 2017
Helios acquires Inversanda LLV

Helios Underwriting has acquired Inversanda, a limited liability member (LLV) of Lloyd's, for a cash consideration of £235,000 ($317,299)

26 September 2017
Canadian floods generate $100mn insured loss

Significant flooding in Windsor, Canada, during August caused insured losses of more than C$124mn ($100mn), according to the Insurance Bureau of Canada (IBC)

Catrin Shi, 26 September 2017
RSA cat losses ‘well below’ reinsurance limit

RSA said losses from recent natural catastrophes in the US, Caribbean and Mexico are currently "well below" its reinsurance limit.

Catrin Shi, 26 September 2017
ERN pegs Mexican quake loss at $4.8bn

Mexican seismic engineering firm Evaluacion de Riesgos Naturales (ERN International) has estimated industry losses from the Puebla earthquake on 19 September at $4.8bn.

Catrin Shi, 26 September 2017
Novae to delist next week

Novae's life as a publicly traded company is due to end next Monday, when Axis' £477.6mn ($644.8mn) scheme-of-arrangement takeover of the UK carrier is scheduled to become effective.

Catrin Shi, 26 September 2017
Focus on coastal MGAs as carriers count cat losses

As carriers and their reinsurers continue to piece together the claims picture from Harvey and Irma, anecdotal evidence is beginning to point to significant losses emerging from the larger coastal MGAs.

David Bull, 26 September 2017
CNA promotes Dasher to lead small business unit

CNA has promoted Greg Dasher to vice president of underwriting for its small business unit, the Chicago-based company said Monday.

Dan Ascher, 26 September 2017

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