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Opinion: Seeking youth

There is no shortage of reasons given for why the insurance industry foresees a significant talent shortage just a few years down the road

Ted Bunker, 20 April 2017
Reinsurance returns 'delicately poised': Vickers

The global reinsurance market's returns are "delicately poised" despite a seemingly robust reported return on equity (RoE), according to Willis Re International chairman James Vickers.

Matthew Neill, 20 April 2017
State Auto warns of $34mn in Q1 cat losses

State Auto Financial has warned that its first-quarter results will reflect around $34mn in net catastrophe losses.

Dan Ascher, 20 April 2017
RLI misses as commercial auto weighs on profit

Specialty insurer RLI Corp posted a 19 percent drop in first quarter operating earnings as commercial auto claims pushed the group's largest division to an underwriting loss

Dan Ascher, 20 April 2017
AIG sets $40mn Nico gain, $100mn Ogden charge for Q1

AIG will report a $40mn first-quarter benefit reflecting a portion of a nominal pre-tax deferred gain of $2.6bn that resulted from its retroactive reserve reinsurance deal with Berkshire Hathaway’s National Indemnity Company (Nico), announced in January.

Ted Bunker, 20 April 2017
Casserley takes role at PE house Warburg Pincus

Ex-Willis CEO Dominic Casserley, who left the broking giant after overseeing its merger with Towers Watson, has taken a role at private equity firm Warburg Pincus, The Insurance Insider understands.

Adam McNestrie, 20 April 2017
US thunderstorm losses rise to a record in Q1

Thunderstorms caused over $5.7bn of insured losses in the US during the first quarter, up almost 12 percent from the same period in the previous year and more may be in store later in the year, according to Aon Benfield meteorologist Steve Bowen.

Ted Bunker, 20 April 2017
WR Berkley hires Goldman’s Nannizzi for InsurTech job

WR Berkley has brought in Goldman Sachs insurance industry analyst Michael Nannizzi to fill a newly created role of evaluating potential InsurTech investments, the company said today.

Ted Bunker, 20 April 2017
AmWins acquires Partners Specialty

US wholesale broking giant AmWins has struck a deal to buy Partners Specialty Group, the companies said today.

Bernard Goyder, 19 April 2017
Fidelis speciality chairman departs

Nick Burkinshaw has stepped down as chairman of speciality at Fidelis, The Insurance Insider understands

Bernard Goyder, 19 April 2017

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