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XL Catlin receives Monaco licence

XL Catlin has been approved to write insurance in Monaco effective last Friday (10 March), the carrier announced today.

Peter Williams, 14 March 2017
AIG Europe hires credit lines head

AIG has hired former Euler Hermes UK CEO Richard Webster for the newly created role of head of credit lines, The Insurance Insider understands.

Laura Board, 14 March 2017
Lloyd’s develops liability model with Arium

Lloyd's has collaborated with modelling firm Arium to develop a probabilistic model for long-tail liability exposures

Catrin Shi, 14 March 2017
Ascot lures away AIG political risk underwriter

Ascot has hired its new head of political risk from founding investor and former owner AIG

Laura Board, 14 March 2017
McGavick rules himself out of running for AIG job

XL Catlin CEO Mike McGavick has joined Aon CEO Greg Case in making clear that he has no interest in becoming CEO of AIG following Peter Hancock's resignation last week, The Insurance Insider understands

Adam McNestrie, 14 March 2017
The Insider 50

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

14 March 2017
Lark hires bankers to explore sale

Hiscox-backed broker Lark Insurance has appointed Fenchurch Advisory to explore a sale of the company, The Insurance Insider has learned.

Adam McNestrie, 14 March 2017
Brit expands Versutus sidecar

Brit raised $40mn of new third-party capital for its Versutus sidecar to support its North American property insurance binder business.

Catrin Shi, 14 March 2017
Icat achieves lower premium on Buffalo cat bond

Lloyd's insurer Icat Syndicate 4242 managed to get a 10 percent discount on the premium for its Buffalo Re cat bond, as investor demand pushed down pricing on the deal.

Lucy Jones, 14 March 2017
Allstate targets $300mn from Sanders Re cat bond

Allstate Insurance Company is seeking to raise $300mn from a new four-year Sanders Re cat bond in its first nationwide indemnity insurance-linked securities transaction, sister publication Trading Risk reported last week (6 March).

Lucy Jones, 14 March 2017

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