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Opinion: Tysers sale?

At the end of pretty much every conversation I have with a London market banker, there is something that either I say or they do.

Adam McNestrie, 14 March 2017
Berkshire/AIG P&C deal could cost $37bn: KBW

Keefe Bruyette & Woods (KBW) analysts have put a $37bn price tag on a Berkshire Hathaway acquisition of AIG's P&C business, in a note defending their recommendation last week that Warren Buffett purchase the company.

Matthew Neill, 14 March 2017
CIRC establishes offshore reinsurance deposit system

The Chinese regulator has introduced an offshore reinsurance deposit system aimed at mitigating the credit risk arising from foreign carriers operating in the country.

Matthew Neill, 14 March 2017
Atlas Financial becomes latest commercial auto victim

Niche commercial auto insurer Atlas Financial fell to a $27.3mn adjusted operating loss for the fourth quarter after facing what its CEO described as a "unique set of circumstances" last year.

Dan Ascher, 14 March 2017
Flood insurance reform heats up on Capitol Hill

Congressional leaders have put reforming the National Flood Insurance Program on the agenda this week for committees on both sides of Capitol Hill.

Ted Bunker, 14 March 2017
UK insurers settle historic Cape asbestos case

UK industrial materials manufacturer Cape plc has agreed to pay a £52.5mn ($63.8mn) product liability settlement to Aviva, RSA and Zurich related to litigation over the carriers' historic employers' liability (EL) exposures.

Catrin Shi, 13 March 2017
Deutsche Bank downgrades AIG after Hancock resignation

The departure of AIG CEO Peter Hancock could be a "negative catalyst" for the carrier, Deutsche Bank analysts warned as they downgraded the company's stock to sell from hold.

Laura Board, 13 March 2017
Commercial P&C prices mostly flat in Q4: Willis

Prices for US commercial lines coverage held firm in the final quarter of last year, according to Willis Towers Watson, which reported that rates were "nearly flat" compared with the same three months of 2015

Dan Ascher, 13 March 2017
Bishopsgate lands Ed’s Gordon Newman as exec chairman

Bishopsgate, the recently rebranded London market arm of broker Towergate, has appointed Gordon Newman as executive chairman with effect from 4 July.

Laura Board, 13 March 2017
Elliott relinquishes CEO role at Tysers

Tysers CEO Chris Elliott has stepped down with immediate effect, The Insurance Insider can reveal

Adam McNestrie, 13 March 2017

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