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Further IPT increases likely: FiscalReps

Insurance premium tax (IPT) is likely to rise further after three increases in less than two years, according to the CEO of tax consultancy FiscalReps

Laura Board, 27 April 2017
Debbie creates small loss for Tower NZ reinsurers

Tower Insurance said its reinsurers would pick up NZ$5mn-NZ$7mn ($3.4mn-$4.8mn) of its losses from Storm Debbie as it passed over New Zealand

Sofia Geraghty, 27 April 2017
Guy Carpenter posts 4% organic growth in Q1

Marsh & McLennan Companies (MMC)'s reinsurance arm Guy Carpenter generated 4 percent underlying revenue growth for the first quarter of 2017, it reported today

Charlie Thomas, 27 April 2017
Nichols receives $8mn in severance from Axis

Former Axis Re CEO Jay Nichols received $8mn in severance pay from Axis Capital, according to yesterday's first quarter results filing

Charlie Thomas, 27 April 2017
Willis Towers Watson promotes Bernstein to GB broking head

Willis Towers Watson has named Clyde Bernstein as its broking head for Great Britain.

Bernard Goyder, 27 April 2017
Disruptive Capital invests £8mn in start-up Reg

Edi Truell-managed investment fund Disruptive Capital has taken a majority stake in counterparty risk management start-up Reg for £8.0mn ($10.3mn)

Matthew Neill, 27 April 2017
Floridian demand could stabilise June renewals: Doucette

Private market Floridian insurers' incremental demand could help to foster more stable rates at the 1 June renewals, according to Everest Re reinsurance CEO John Doucette

Sofia Geraghty, 27 April 2017
Towergate earnings rise on broking results

Insurance broker and underwriter Towergate has reported an 11.9 percent rise in 2016 adjusted Ebitda to £84.2mn ($108mn), as the company continues its restructuring efforts.

Bernard Goyder, 27 April 2017
Scor merges European hubs

Global reinsurer Scor has decide to combine its Paris-London and Zurich-Cologne hubs, creating a single Emea operation

Charlie Thomas, 27 April 2017
Opinion: AIG dream team?

Since Brian Duperreault was identified as the frontrunner for the top job at AIG last week, the focus has shifted to who might join him at the helm to steer the insurer back on course

David Bull, 27 April 2017

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