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California quake insurer expanded January reinsurance placement

The California Earthquake Authority (CEA) expanded its maturing reinsurance limit by about $300mn in January to help cover its growing book, it is understood.

David Bull, 02 March 2017
Novae closes international D&F business

Novae has pulled out of the international property direct and facultative (D&F) market, The Insurance Insider has learned

Catrin Shi, 02 March 2017
Legacy head McCann retires from Lloyd’s

Steve McCann, head of open years and data management at Lloyd's, has left the Corporation, The Insurance Insider understands

Catrin Shi, 02 March 2017
Goldman Sachs’ Miller leaves for L&G

UK carrier Legal & General (L&G) has appointed former Goldman Sachs head of Emea insurance Paul Miller as group strategy and M&A director

Matthew Neill, 02 March 2017
THB confirms Kayll hire

Specialty (re)insurance broker THB Group has confirmed that it has recruited Toby Kayll as a managing director in its marine division.

Bernard Goyder, 02 March 2017
Lloyd’s bans former Besso director

A Lloyd's Enforcement Tribunal has banned former Besso director Charles O'Sullivan after he was found guilty of three charges of "discreditable conduct".

Matthew Neill, 02 March 2017
CFC ups transactional liability limit to £30mn

CFC Underwriting has increased the limit on its transactional liability offering by £10mn ($12.3mn) to £30mn ($36.8mn) in the UK

Catrin Shi, 02 March 2017
Arig reinsurance unit granted DIFC licence

Bahrain reinsurer Arab Insurance Group (Arig) has received a licence from the Dubai Financial Services Authority to operate its wholly owned new reinsurance subsidiary Arig Insurance Management (DIFC) Limited (AIM)

Charlie Thomas, 02 March 2017
Opinion: State cyber support

Cover for cyber risk remains a hot topic, most would agree

Ted Bunker, 02 March 2017
Talbot names Morris active underwriter

Validus-owned Lloyd's business, Talbot Underwriting, has promoted David Morris to active underwriter of Syndicate 1183.

Matthew Neill, 02 March 2017

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