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Hiscox hires Szakmary as Bermuda underwriting director

Hiscox has appointed Adam Szakmary as director of underwriting at its Bermuda insurance unit, the carrier announced today

Laura Board, 02 May 2017
AmTrust falls 5% after analysts flag reserve concerns

AmTrust has suffered another torrid morning of trading in New York, with the stock falling more than 5 percent after Keefe, Bruyette & Woods (KBW) analysts said it may require "hundreds of millions" of additional reserves

Matthew Neill, 02 May 2017
Fewer fools at reinsurers, says O’Kane

Aspen CEO Chris O'Kane has dismissed suggestions that insurers are offloading unprofitable books onto "foolish" reinsurers, stating that his panel partners today are "smart and sophisticated"

Charlie Thomas, 02 May 2017
Ashton joins Fidelis ahead of MGA launch

Rob Ashton, the former head of specialty at Hiscox Re Specialty, has left to join Fidelis Insurance with a view to setting up his own MGA next year

Bernard Goyder, 02 May 2017
US data breaches could cost insurers $5bn a year: RMS

Insurers could pay out $5bn in cyber losses a year as a result of data breaches to US firms, according to the latest RMS cyber model

Catrin Shi, 02 May 2017
State Auto posts $9.2mn Q1 loss

Ohio-headquartered carrier State Auto Financial Corporation reported a worse-than-expected $9.2mn net operating loss in the first quarter as increased catastrophe activity took its toll

Matthew Neill, 02 May 2017
The Insider 50

Share price data on The Insurance Insider's universe of P&C (re)insurers

Iulia Ciutina, 02 May 2017
StarStone hires Herman to lead global A&H

Jeff Herman, global head of accident and health (A&H) at Starr Companies, has joined StarStone Insurance in the same role.

Charlie Thomas, 02 May 2017
Opinion: InsurTech demo day

Start-up demo days are a time-honoured tradition in the tech industry

Matthew Neill, 02 May 2017
Flood of cat bond deals in April

April has brought forth more cat bond transactions than the whole of first quarter of 2017, with $3.08bn of new deals, according to data collated by sister publication Trading Risk.

Sofia Geraghty, 02 May 2017

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