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Sompo Canopius Re confirms Gray as P&I chief

Sompo Canopius Re has confirmed the appointment of former Swiss Re executive Christopher Gray as head of protection and indemnity (P&I) reinsurance, effective immediately.

Laura Board, 13 February 2017
Neon confirms Pritchard hire

Neon today confirmed the appointment of Nick Pritchard as head of property reinsurance, as first reported by sister publication Trading Risk in September last year

Catrin Shi, 13 February 2017
Greenberg: I did nothing wrong

Maurice "Hank" Greenberg has emphatically denied all wrongdoing and branded the New York Attorney General (AG)'s pursuit of him "a witch hunt" in an interview with this publication after he agreed to settle longstanding claims against him for $9mn

Adam McNestrie, 13 February 2017
Barbican hires AGCS duo to rebuild cyber team

Barbican has hired Graeme King and Richard Spotswood from Allianz Global Corporate & Specialty (AGCS) to lead its cyber business, The Insurance Insider has learned.

Catrin Shi, 13 February 2017
Statement from David Boies regarding Greenberg lawsuit

Full statement from David Boies, lawyer to Maurice "Hank" Greenberg, regarding the settlement.

13 February 2017
Generali to cut more costs to stave off Intesa: report

Generali is reportedly planning additional cost cuts to persuade its shareholders to back its independence in the face of interest from Italian bank Intesa Sanpaolo.

Matthew Neill, 13 February 2017
Aon to use Hewitt unit proceeds for M&A and buybacks

Aon will channel proceeds from the $4.8bn sale of its benefits administration and HR business process outsourcing platform to Blackstone towards a blend of share repurchase and M&A, according to management on a call with analysts.

David Bull, 11 February 2017
Greenberg settles NY securities fraud charges for $9mn

Former AIG boss Maurice "Hank" Greenberg has agreed to settle a civil securities fraud case, paying $9mn to put an end to the long-running prosecution, but his lawyers almost immediately attacked the way the settlement was portrayed by New York Attorney General Eric Schneiderman.

Dan Ascher, 11 February 2017
Cincinnati Financial raises and widens cat bond cover

Cincinnati Financial’s insurance unit renewed its Skyline Re cat bond as a private placement, raising $180mn of reinsurance limit and expanding its coverage, JLT Capital Markets said.

Fiona Robertson, 11 February 2017
Price Forbes picks up JLT life sciences team

Price Forbes has hired a team of four life sciences specialists from JLT to expand its seven-strong healthcare brokerage operation

Laura Board, 10 February 2017

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