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  • The property fac market is facing a potential $500mn loss following a fire at US chemical corporation Huntsman's titanium dioxide manufacturing facility in Finland, according to sister publication Inside FAC.
  • Guy Carp operations head; Argo LatAm chief; Two in delegated authority bid; Mayo leaves Ariel; Compre captive legacy deal; Mapfre UK retail launch; Arch $38mn property fac hit; Benardout joins Patria Re SPA; IAG buys cat cover; Grande terrorism claim; US Choice Act passed; Towler to lead LSM aviation; Weather losses near $3bn; Markel merges units; QBE signs up Arrowhead; XL Catlin ups property limit; Marsh bolsters Boeing facilities with Ex-Im hires; PM May moves Truss; WR Berkley Mexican launch.
  • Top executives of high-profile P&C (re)insurers have sold about $31.8mn worth of stock in their respective companies to date this year, amid management changes and mixed share price performances.
  • Share price data on The Insurance Insider's universe of P&C (re)insurers
  • (Re)insurers could find themselves on the hook for around $1.5bn of claims from the Jubilee fields loss as the largest insured involved, Tullow, prepares to increase its claim, The Insurance Insider can reveal.
  • European legacy acquirer Darag has appointed Macquarie to advise on an equity raise as it looks to secure funds for its deal pipeline, The Insurance Insider understands.
  • Private equity house Centerbridge is among the bidders for UK motor insurer Sabre, with minority backing from the Qatar Insurance Company (QIC), The Insurance Insider understands
  • Novae CEO Matthew Fosh has exited yet another line of business in the form of US property cat as he continues to reposition the London-listed firm in an effort to restore investor confidence following a succession of missteps.
  • Embracing technological change does not always come naturally to the fiercely traditional London market.
  • Generali is targeting EUR200mn ($223.5mn) from its Lion II Re 2017-1 cat bond, which is the first insurance-linked securities (ILS) deal to include European flood risks, sister publication Trading Risk reported last week.