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Bishopsgate raids Ed for binders and construction staff

Bishopsgate, the expansive London wholesale broking start-up that reports to David Ross, has hired a slew of senior staff from rival Ed including its London construction team, The Insurance Insider can reveal.

Adam McNestrie, 04 July 2017
Ex-Dual CEO Bains exploring new business

Former Dual CEO Talbir Bains is in the early stages of working to establish a new underwriting business, The Insurance Insider can reveal.

Adam McNestrie, 04 July 2017
Rates continue to slide in June and July renewals: Willis Re

Willis Re's 1st View report on the June and July renewals provided further evidence that the property catastrophe market is yet to reach an inflection point on pricing

Catrin Shi, 04 July 2017
GIC Re on course for 2018 Lloyd’s launch

India's state-owned reinsurer GIC Re is poised to realise its long-held Lloyd's ambitions next year with the launch of a full syndicate, The Insurance Insider can reveal.

Adam McNestrie, 04 July 2017
USI deal proves private equity broker appetite still strong

USI's recent acquisition of Wells Fargo's insurance broking arm highlighted the solid interest of private equity-backed investors in the high-margin US retail broking industry

Iulia Ciutina, 04 July 2017
Coverys eyes EC3 growth with R&Q agency deal

Coverys, which announced the acquisition of Randall & Quilter (R&Q)'s Lloyd's managing agency late last month, bought the business as the first step in driving growth within the London market, according to its CEO.

Dan Ascher, 04 July 2017
‘Over-investment’ stifling upstream energy price rises: JLT

Surplus capacity caused by "blatant over investment" by capital providers is to blame for the persistent rate reductions in the upstream energy market, according to JLT

Matthew Neill, 04 July 2017
AmWins signs up Munich Re to property sidecar facility

Wholesale giant AmWins is launching a new facility to offer additional shared and layered property insurance limit with capacity from Munich Re, The Insurance Insider can reveal.

David Bull, 04 July 2017
Killing a mouse

Famous writer and thinker George Orwell once wrote an essay about killing an elephant.

Mark Geoghegan, 04 July 2017
News digest

Lloyd's deputy chairman; PRA raises facilities concerns; Kilpatrick joins Fidelis; MS Amlin in Brussels; Hailstorm Paul losses...

Matthew Neill, 04 July 2017

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