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Chubb promotes Matthews to Europe COO

Chubb has named Adrian Matthews as its new chief operating officer (COO) in continental Europe.

Matthew Neill, 20 February 2017
Allied World to transfer aviation book to Elseco

Allied World is moving its aviation book and underwriters onto the platform of Dubai-based managing general agency (MGA) Elseco, The Insurance Insider can reveal

Matthew Neill, 20 February 2017
Opinion: The Fairfax Financial model

The more I study the Fairfax Financial model, the more interesting it seems

Adam McNestrie, 20 February 2017
Wawanesa buys Desjardins unit

Canadian carrier Wawanesa Mutual Insurance has agreed to acquire the insurance operations of financial services cooperative Desjardins Group in a C$$775mn ($592mn) deal

Bernard Goyder, 20 February 2017
Australia weather losses hit $54mn: ICA

The Insurance Council of Australia (ICA) has estimated combined insured losses from hailstorms and bushfires in New South Wales last week at A$70mn ($53.8mn).

Matthew Neill, 20 February 2017
Marsh pitches Brexit ‘plan B’ to insurers

Marsh is working on putting together a fronting structure with a panel of broadly licensed carriers to help UK insurers access European markets after Brexit.

Charlie Thomas, 20 February 2017
Enstar to sell Pavonia life for $120mn

Bermudian Enstar is set to sell Pavonia, which comprises a large portion of its legacy life business, to a subsidiary of US investment house Eli Global for a total consideration of $120mn.

Dan Ascher, 18 February 2017
BP Marsh & Partners backs CBC management buyout

The listed private equity firm BP Marsh and Partners has acquired over a third of CBC UK, a retail and wholesale Lloyd's broker, as part of a management-led buyout.

Bernard Goyder, 17 February 2017
Fairfax ‘pretty confident’ on $500mn extra Allied World funding

Fairfax Financial CEO Prem Watsa today said he was "pretty confident" he would secure an extra $500mn of funding from third party investors for its near $4.9bn takeover of Allied World

Catrin Shi, 17 February 2017
Zurich names Waterman as Asia head of commercial

Zurich has reshuffled the management of its Asia Pacific business following last year's decision to merge its global corporate and commercial units into a single commercial insurance operation

Laura Board, 17 February 2017

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