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  • Former SSL Insurance Brokers operations director John Ambrose has joined rival marine and energy intermediary ATL Marine & Energy, The Insurance Insider can reveal.
  • Allianz Global Corporate & Specialty (AGCS) has promoted Emy Donavan to global head of cyber following the departure of Nigel Pearson.
  • Elliot leaves Tysers; Travelers to acquire Simply Business for $490mn; Bishopsgate makes Ed's Newman exec chairman; Fairfax ups cash for Allied; Fosun legacy deal; AssuredPartners to buy Keenan; Epic buys The Capacity Group; CNA $30mn refund bill; Integro UK leadership change; Hannover Re sees limited Ogden hit.
  • Consensus suggests that the unlikeness of a "Lexit", permissive regulation and an attractive tax regime have helped Luxembourg displace Dublin as the post-Brexit European hub of choice.
  • Several insurers are considering setting up reciprocal exchange vehicles in challenging states to offer agents alternatives to the thinly capitalised carriers that dominate the coastal residential market, The Insurance Insider can reveal.
  • AIG is the lead insurer for a potential $100mn cyber loss stemming from a system failure at Southwest Airlines, The Insurance Insider understands.
  • As insurance journalists, it is our job to find out the relevant insurance details of flights that go down, looking past the human tragedy to assess the financial cost to the industry we cover.
  • Evercore has been appointed by US property cat specialist Icat and its parent Paraline Group to advise on strategic options that could include an eventual sale, The Insurance Insider can reveal.
  • Anyone doubting the scale of the task for whoever takes over at AIG should consider this: In 2015 AIG spent $100mn on an IT project.
  • Bolivian charter airline LaMia was left significantly underinsured after its in-force liability coverage was cancelled just months before a fatal crash that killed 71 people in November last year, The Insurance Insider can reveal