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Ironshore set to rein in reinsurance
Specialty insurer Ironshore is set to pull significant premium from the reinsurance market after its agreed sale to Liberty Mutual, The Insurance Insider understands
David Bull
,
10 February 2017
Aspen CEO ‘very, very confident’ about future
Aspen CEO Chris O'Kane said the company was still confident about its standalone future after its insurance operations pushed it into the red in the fourth quarter.
Laura Board
,
10 February 2017
Opinion: Florida in flux
Demotech’s statement on Florida’s property insurance market earlier this week has cast doubt over the future of some carriers and left others scrambling to differentiate themselves to policyholders, reinsurers and capital providers.
David Bull
,
10 February 2017
Chaucer sale may be best for Hanover: JMP’s Carletti
The Hanover should consider selling Chaucer, its Lloyd's syndicate, and a sale could provide a $28.51 per share dividend to investors in the US property & casualty carrier, according to an analyst who follows the company.
Ted Bunker
,
10 February 2017
Blackstone clinches unit of Aon Hewitt
Private equity group Blackstone is understood to have prevailed in the auction for Aon Hewitt's benefits outsourcing group, agreeing to pay about $4.8bn for the business.
Laura Board
,
10 February 2017
United jumps 17% on Raymond James call amid Florida turmoil
Shares in Florida’s United Insurance Holdings climbed 17 percent today after a bullish analyst upgraded the homeowners’ insurer to a “strong buy” recommendation.
David Bull
,
10 February 2017
QBE group COO Colin Fagen leaves
Australian insurer QBE said group COO Colin Fagen had left after more than 16 years with the firm.
Laura Board
,
10 February 2017
UK government unveils driverless car insurance plans
The UK government plans to extend existing compulsory motor vehicle insurance legislation to cater for driverless cars, rather than introduce a first-party liability model, it announced today.
Charlie Thomas
,
09 February 2017
AmWins CEO: London must address bureaucracy
AmWins CEO Steve DeCarlo has warned that the level of bureaucracy in Lloyd's risks making the market - the wholesale broker's biggest - uncompetitive relative to its peers.
Bernard Goyder
,
09 February 2017
Embracing technology will bring failures: McGavick
The (re)insurance industry has finally grasped the importance of technology but should expect some failures as the price of change, according to XL Group CEO Mike McGavick
Matthew Neill
,
09 February 2017
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