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Debbie claims rise to $224mn: ICA

Insurers have received almost 20,000 claims worth $224mn from Cyclone Debbie, according to the Insurance Council of Australia (ICA)

Fiona Robertson, 03 April 2017
MS Amlin the first to go live on Lloyd’s India

MS Amlin has become the first managing agent approved to write renewal business on the Lloyd's India platform for the all-important 1 April season.

Charlie Thomas, 03 April 2017
CEO Silvester commits future to Enstar

Enstar CEO Dominic Silvester has inked a new three-year contract at the Bermudian carrier, committing his long-term future to the business.

Adam McNestrie, 03 April 2017
Proteus and QBE strike marine partnership

Marine underwriting agency Proteus has launched a strategic partnership with QBE and the Steadfast network.

Charlie Thomas, 03 April 2017
Meritz the insurer for $40mn Stellar Daisy loss

Korean carrier Meritz is the 100 percent hull insurer of the $40mn Stellar Daisy, which disappeared in the South Atlantic last Friday (31 March), The Insurance Insider understands

Adam McNestrie, 03 April 2017
Lloyd’s fines Amlin £630,000 for trust deed breaches

Lloyd's has handed managing agency Amlin Underwriting Limited a £630,000 ($790,291) fine for breaches of the market's Premiums Trust Deed (PTD), the Corporation announced today.

Fiona Robertson, 03 April 2017
Chubb names IT practice leader

Chubb has promoted Tim Stapleton to lead its IT general insurance business worldwide, the firm revealed today

Bernard Goyder, 03 April 2017
Questions raised over interpretation of Indian renewal rules

Indian cedants have been seeking quotations from the entire reinsurance market for the 1 April renewals, despite the country's regulator stipulating that all business should be offered to GIC Re first.

Charlie Thomas, 03 April 2017
Mitsui takes 11% stake in UIB

Mitsui Sumitomo Insurance Company has taken an 11 percent stake in (re)insurance broker UIB Group, the intermediary said this morning.

Charlie Thomas, 03 April 2017
Third Point posts 0.9% return for March

Third Point Re's investment manager Third Point LLC posted a return of 0.9 percent for March, a 1.1 percentage point drop on the prior-year period.

Catrin Shi, 03 April 2017

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