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Power takes control at Lexington national branch

Matthew Power has taken an expanded role at AIG’s excess and surplus lines (E&S) operation Lexington after being promoted to head of the carrier’s national branch, The Insurance Insider can reveal.

David Bull, 06 June 2017
James River offering sees Shaw sell $167mn stake

James River investor DE Shaw’s sale of 4.25mn common shares in the Bermuda-based (re)insurer has closed, with the private-equity and hedge fund manager agreeing to accept $39.41 a share from underwriter Morgan Stanley.

Iulia Ciutina, 06 June 2017
Hamilton Re sets up $65mn Turing Re vehicle

Hamilton Re has established its first ever special purpose vehicle to provide collateralised capacity for its reinsurance portfolio

Lucy Jones, 05 June 2017
Hamilton Re sets up $65mn Turing Re sidecar

Hamilton Re has established its first ever special purpose vehicle to provide collateralised capacity for its reinsurance portfolio

Lucy Jones, 05 June 2017
Heritage saves on reduced $2.62bn reinsurance programme

Floridian carrier Heritage Insurance took advantage of cheaper reinsurance rates to halve the retention on its $2.62bn reinsurance programme for the 2017-2018 year.

Sofia Geraghty, 05 June 2017
Heritage saves on reduced $2.62bn reinsurance programme

Floridian carrier Heritage Insurance took advantage of cheaper reinsurance rates to halve the retention on its $2.62bn reinsurance programme for the 2017-2018 year

Sofia Geraghty, 05 June 2017
Over $1.5tn in storm surge residential risk delineated

As the 2017 hurricane season begins, data and analytics firm CoreLogic has released an assessment of US homes at risk of inundation from storm surges, putting the total potential loss at more than $1.5tn

Ted Bunker, 05 June 2017
AmTrust allegations ‘unsubstantiated’: Maiden

Maiden Holdings has issued a robust defence of AmTrust, dismissing recent articles written about its sister company as “recycled attacks” originating from short sellers

Charlie Thomas, 05 June 2017
AmTrust allegations ‘unsubstantiated’: Maiden

Maiden Holdings has issued a robust defence of AmTrust, dismissing recent articles written about its sister company as "recycled attacks" originating from short sellers.

Charlie Thomas, 05 June 2017
QBE extends partnership with AmWins in E&S

QBE North America has teamed up with an AmWins MGA to launch a national excess property program in the US

Ted Bunker, 05 June 2017

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