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Reinsurers brace for losses from Debbie

Reinsurers are preparing for major losses from Australian carriers after Cyclone Debbie made landfall on the northeast Australian coast as a Category 4 storm.

Bernard Goyder, 29 March 2017
Sompo closes $6.3bn Endurance deal

Sompo Holdings completed its $6.3bn acquisition of Endurance Specialty and plans to use the (re)insurer as the basis for Sompo International, a new unit to be located in Bermuda.

Ted Bunker, 29 March 2017
Lloyd's chooses Brussels for EU subsidiary

Lloyd's has made a surprise decision to locate its new EU subsidiary in Belgium's capital city Brussels, The Insurance Insider can reveal.

Adam McNestrie, 29 March 2017
Pro Global wins RI permit for legacy transfer deals

ProTucket Insurance has received a licence to provide legacy transfer services in Rhode Island, giving insurers and reinsurers a way to cede run-off commercial books with court-sanctioned finality in the US for the first time

Ted Bunker, 29 March 2017
Around the world

IQ's round-up of regional market developments

28 March 2017
Sorry about that!

When I first visited Germany I was amazed by the extraordinary phenomenon of being apologised to for the Second World War

Mark Geoghegan, 28 March 2017
Lloyd’s gains reinsurance licence for Nicaragua

Lloyd's has obtained a licence to operate as a foreign reinsurer in Nicaragua, the Corporation announced today

Charlie Thomas, 28 March 2017
Elseco adds energy capacity from Travelers

Expansive Dubai-based managing general agency Elseco has secured support from Travelers to help it increase its line size to $80mn for its upstream energy book, The Insurance Insider understands

Adam McNestrie, 28 March 2017
IUA calls for Ogden rate reform

The International Underwriters Association (IUA) has called for the UK government to break the tie between the Ogden rate and inflation-linked gilts.

Bernard Goyder, 28 March 2017
The Insider 50

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

Iulia Ciutina, 28 March 2017

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