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Quake fells Mexico City buildings as thousands flee

A major earthquake struck central Mexico, toppling buildings in Mexico City and sparking fires, with at least 248 deaths reported.

Bernard Goyder, 20 September 2017
Arch reshuffles as McElroy steps aside

Arch Capital's Nicolas Papadopoulo will replace David McElroy as chairman and CEO of Arch Worldwide Insurance Group and CUO for P&C operations on 1 October.

Ted Bunker, 20 September 2017
Cat 4 Maria makes landfall in Puerto Rico

Hurricane Maria has made landfall in Puerto Rico as a Category 4 storm, with wind speeds of up to about 155 mph (249 kph).

Ted Bunker, 19 September 2017
CNA Hardy lures Powell from Acappella to head terrorism

CNA Hardy has hired Acappella’s Jonathan Powell as head of terrorism, based in London, a spokesperson for the US insurer has confirmed.

Adam McNestrie, 19 September 2017
Ed appoints Mena and Indian CEO

Reinsurance, wholesale and specialty broker Ed has hired former Willis Group executive Minesh Jani to lead its operations in the Middle East and North Africa and the Indian sub-continent.

Laura Board, 19 September 2017
XL picks Dublin for post-Brexit EU base

XL Group has decided to move its European headquarters to Dublin from London in response to Brexit, joining several other carriers that plan to set up EU bases there.

Bernard Goyder, 19 September 2017
Irma US insured losses up to $27bn: CoreLogic

Hurricane Irma's toll of industry insured property losses in the US may reach as much as $27.0bn or may be as low as $22.5bn, data analytics provider CoreLogic said today

Ted Bunker, 19 September 2017
Willis Re North America adds Wafer and Livingston

Willis Re has added significant experience to its North America platform with the hiring of Tom Wafer as chairman and Jeffrey Livingston as vice-chairman.

David Bull, 19 September 2017
Modellers may have overshot the mark

Early estimates of insured Irma losses in the Caribbean from modelling agencies have met a sceptical response in the London market, with sources unsure about the accuracy of early claims forecasts.

Bernard Goyder, 19 September 2017
Albertini: investors may demand higher rates to double down

Reinsurance pricing could still be impacted by Hurricane Irma, even though the market avoided more significant losses after the storm veered away from Miami, according to Leadenhall Capital Partners CEO Luca Albertini.

Fiona Robertson, 19 September 2017

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