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Shaw lands at Beach from Aon Benfield
Global (re)insurance broker Beach & Associates has recruited Daniel Shaw from Aon Benfield to run its wholesale P&C treaty division in London, the intermediary said in a statement today
Bernard Goyder
,
06 July 2017
EU has ‘obvious basis’ for Brexit equivalence call: Bailey
The EU's existing framework for recognising third-country regulatory regimes should be used for UK financial services groups seeking to do European business after Brexit, according to Financial Conduct Authority CEO Andrew Bailey.
Matthew Neill
,
06 July 2017
Markerstudy seeks takeovers and funding partners
Markerstudy is considering the sale of a minority equity stake while weighing acquisition opportunities presented by its Ogden-ravaged motor insurance peers, according to group underwriting director Gary Humphreys
Laura Board
,
06 July 2017
Novae closes above Axis offer price
The share price reaction to the Axis Capital deal suggests the market believes a rival bid is possible
Laura Board
,
06 July 2017
Opinion: Novae’s privacy
Novae has sold to Axis in a $604mn deal announced very late last night
Adam McNestrie
,
06 July 2017
Willis Re confirms Kent to succeed Cavanagh
Willis Re's deputy global CEO James Kent will become global CEO at the end of this year, following John Cavanagh's decision to step down, the broker confirmed today
Charlie Thomas
,
06 July 2017
Zurich names ex-Swiss Re CEO Liès as next chairman
Zurich has nominated former Swiss Re CEO Michel Liès as its next chairman, the company said today.
Bernard Goyder
,
06 July 2017
Axis swallows Novae in $604mn deal
Years of speculation about Novae's future ended late yesterday with news that the company has sold itself to Axis Capital for $604mn.
Adam McNestrie
,
06 July 2017
Axis to rebrand Novae and merge Lloyd’s syndicates
The Novae name is set to become the latest Lloyd’s brand to be retired as Axis plans to bring the carrier under its own corporate banner and merge the two syndicates, The Insurance Insider can reveal.
Dan Ascher
,
06 July 2017
Atlantic hurricane season forecast darkens
A closely watched forecasting group revised their outlook for this year’s Atlantic hurricane season today, raising their predictions on the number of potentially major storms and prompting a drop in shares of Florida property and casualty carriers.
Ted Bunker
,
06 July 2017
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