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ProSight run-off prospects under Lloyd’s scrutiny

ProSight's Lloyd's operation has been asked by the Corporation to put in place a run-off contingency plan in case it is unable to secure a new backer, after it was put up for sale by its parent company, The Insurance Insider understands.

Adam McNestrie, 23 May 2017
Pioneer targets full syndicate launch for 2018

Pioneer Underwriters is working on a full Lloyd's syndicate start-up with Asta as its third-party managing agent, The Insurance Insider can reveal.

Adam McNestrie, 23 May 2017
The targets get softer

They went out to a concert and came home from war. The narrative is commonplace, but no less shocking for its familiarity

Mark Geoghegan, 23 May 2017
Debbie-hit areas face rate hikes: report

Carriers in areas of New South Wales and Queensland that were hit by Cyclone Debbie in late March are weighing commercial rate hikes of up to 20 percent, according to a report.

Matthew Neill, 23 May 2017
Great American contests $50mn Tom Cruise movie claim

Great American is looking to escape footing the bill for a Colombian plane crash that killed two people and seriously injured another during the filming of the soon-to-be-released Tom Cruise movie American Made

Dan Ascher, 23 May 2017
Perils raises Doris loss estimate to EUR249mn

Catastrophe loss data aggregator Perils has increased its loss estimate for windstorm Doris to EUR249mn ($280mn).

Matthew Neill, 23 May 2017
Opinion: consent issues

Ever met anyone at the Department for Culture, Media and Sport? If not, you might want to start making some friends there

Charlie Thomas, 23 May 2017
Sompo unit hires Axis’s Mulhall and Berringer in US

Specialty (re)insurer Sompo International has recruited a pair of executives from Axis, Patrick Mulhall and James Berringer, to launch a property insurance product for mid-size US businesses.

Ted Bunker, 23 May 2017
Enstar secures further executive commitments

Legacy-to-live giant Enstar has secured three-year contracts for two of its senior executives, the company announced in a Securities and Exchange Commission filing today.

Dan Ascher, 23 May 2017
XL taps Zurich’s Bauman to head North American units

XL Catlin has named Zurich’s head of captive services Steven Bauman to lead its global programmes and captive practice in North America, starting tomorrow.

Ted Bunker, 22 May 2017

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