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Judge calls for Irish claims data law change
The chairman of Ireland's Personal Injuries Commission, Justice Nicholas Kearns, has said the country's data protection laws may need to be changed to bring it in line with the UK.
Matthew Neill
,
13 March 2017
Global P&C premiums grew 4% in 2016: Allianz
Global P&C insurance premiums rose an estimated 4 percent last year as the market grew at the slowest rate since 2010, according to Allianz.
Matthew Neill
,
13 March 2017
Patriot National may have botched sale chance: JMP
Insurance industry service provider Patriot National may have "squandered" an opportunity to sell itself for more than $475mn and now appears to be bonding more closely with an insurance carrier owned by CEO Steven Mariano
Ted Bunker
,
13 March 2017
IGI full-year 2016 profits slip
Dubai-based carrier International General Insurance Holdings (IGI) reported an 8.3 percent drop in net profits for full-year 2016, amid a decline in underwriting income.
Laura Board
,
13 March 2017
Opinion: M&A flow
In late 2015, this publication confidently predicted that the Florida market was set to become the scene of frantic M&A activity as the owners of several of the state's homeowners' insurers looked for liquidity through a sale or IPO
David Bull
,
13 March 2017
Barbican hires energy class underwriter
London market carrier Barbican has hired Marc Sullivan as class underwriter for downstream energy from Starr Underwriting Agents.
Matthew Neill
,
13 March 2017
Buffett should pick up AIG: KBW
The resignation of AIG boss Peter Hancock was just the latest twist for the US insurance giant over recent weeks, but Keefe Bruyette & Woods (KBW) analysts led by Meyer Shields think they have the solution to its challenges: Warren Buffett.
Dan Ascher
,
11 March 2017
AssuredPartners keeps M&A queue full post-Keenan deal
AssuredPartners has a “very active” pipeline of acquisitions as it looks to continue on its rapid growth trajectory, according to the US broker’s chairman and CEO Jim Henderson.
David Bull
,
11 March 2017
Asbestos claims and class action reforms pass House
The US House of Representatives has passed a bill that would increase transparency related to asbestos trusts and clamp down on spurious class action claims.
Dan Ascher
,
11 March 2017
Fairfax boosts cash component of Allied World deal
Fairfax Financial raised the cash component of its nearly $4.9bn acquisition of Allied World to $28 a share, including a $5 dividend to be paid by Allied World, as the acquisitive Canadian P&C holding company stepped closer to completing its biggest deal yet.
Ted Bunker
,
11 March 2017
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