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StarStone hires Sompo crisis chief; Barbican rebuilds cyber team; Generali ‘eyes cost cuts'; Aon to use Hewitt proceeds for M&A, buybacks; Marine market faces $25mn war loss; OIL pulls Gulf of Mexico wind offering; Price Forbes picks up JLT life sciences team
Laura Board
,
14 February 2017
Cincinnati Insurance expands collateralised re placement
Cincinnati Insurance expanded a collateralised reinsurance deal to $200mn in size after its $100mn Skyline Re cat bond matured, the company said on an earnings call.
Fiona Robertson
,
14 February 2017
InsiderScope London panellists demand market discipline
Speakers at InsiderScope London called for market discipline from carriers and brokers, as the panel acknowledged the industry was treading on thin ice when it came to profitability.
Catrin Shi
,
14 February 2017
RMS hurricane model update shows lower losses
Modelling agency RMS has said that annual average losses for US hurricane activity will come in notably lower under the 2017 update to its medium-term storm model.
Fiona Robertson
,
14 February 2017
Technology tops InsiderScope agenda
The threat - and opportunity - of technology for the (re)insurance market was a consistent theme during discussions at The Insurance Insider's InsiderScope London event last week, as executives called for the market to embrace change wholeheartedly.
Catrin Shi
,
14 February 2017
Wholesale brokers are here to stay: AmWins CEO
AmWins CEO Steve DeCarlo has given a wide-ranging defence of the role of the wholesale broker, as the sector continues to look for signs of a credible disrupter.
Bernard Goyder
,
14 February 2017
Greenberg: A 12-year fight
Friday night (10 February) brought a spectacular end to probably the most important insurance dispute of a generation as New York's Attorney General (AG) announced that former AIG boss Maurice "Hank" Greenberg had admitted to involvement in two fraudulent transactions during his decades-long tenure.
Dan Ascher
,
14 February 2017
NAIC RBC changes could favour higher-rated reinsurers
Proposed changes to the credit risk charge in the National Association of Insurance Commissioners (NAIC)'s risk-based capital (RBC) calculation could give the highest-rated reinsurers a competitive advantage.
David Bull
,
14 February 2017
Ironshore to cut cessions under Liberty ownership
Specialty insurer Ironshore is likely to significantly curtail its use of reinsurance following its sale to Liberty Mutual
David Bull
,
14 February 2017
Insider View: Bolt and BHSI
Tom Bolt, Berkshire Hathaway Specialty Insurance's UK and Southern Europe CEO, has access to the biggest insurance balance sheet in the world and the mandate to build a sizeable specialty insurance business in London.
Adam McNestrie
,
14 February 2017
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