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JLT bankruptcy group adds legal talent

JLT's special situations group, which advises on the insurance implications of insolvency, has hired bankruptcy lawyer Denise Kaloudis as a senior vice president.

Dan Ascher, 22 May 2017
Lloyd’s carriers sued over $400mn Samir loss

A number of Lloyd's carriers are embroiled in legal action in New York over the alleged theft of $400mn of oil by Moroccan refinery Société Anonyme Marocaine de l'Industrie du Raffinage (Samir), court documents show

Matthew Neill, 22 May 2017
New York PE firm launches $100mn InsurTech fund

New York-based private equity house IA Capital has begun soliciting mid-sized and smaller insurers for investment as it looks to build a $100mn InsurTech fund, The Insurance Insider understands

Dan Ascher, 22 May 2017
IRB revives IPO plans

Brazilian reinsurer IRB Brasil Resseguros has dusted off plans for an IPO that were shelved in 2015, according to stock exchange filings.

Bernard Goyder, 22 May 2017
Client familiarity boosting cyber take-up: CIAB

Increased awareness of cyber risk and improved offerings in the insurance market are behind a steady climb in the take-up of coverage, according to the Council of Insurance Agents and Brokers (CIAB)

Matthew Neill, 22 May 2017
Liberty to select Luxembourg for EU subsidiary

Liberty Specialty Markets looks set to become the latest carrier to choose Luxembourg as the destination for its post-Brexit EU subsidiary, The Insurance Insider can reveal

Adam McNestrie, 22 May 2017
AM Best shuns Solvency II model use in ratings

AM Best has said it will not directly use Solvency II results in its rating assessments over concerns the regime does not provide an accurate picture of carriers' balance sheets.

Matthew Neill, 22 May 2017
Berkley Re hires Yeulett in property treaty push

XL Catlin's senior class underwriter for international property treaty, Mark Yeulett, has left his role to become head of international property treaty at Berkley Re UK, The Insurance Insider can reveal

Charlie Thomas, 22 May 2017
CTMA loses financial director to Steamship Mutual

Arjun Thawani, the financial director for Charles Taylor Managing Agency (CTMA), has resigned to take on a role at Steamship Mutual, The Insurance Insider can reveal

Charlie Thomas, 22 May 2017
Opinion: Lloyd’s redundancies

Lloyd's announced a programme of voluntary redundancies to staff last week

Adam McNestrie, 22 May 2017

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