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Shepherd Compello names delegated authority director

Specialist insurance broker Shepherd Compello has hired Steve Hart as divisional director for delegated authority business with immediate effect.

Catrin Shi, 01 February 2017
Validus joins crop insurance top 10 with CRS deal

Validus' £127.5mn acquisition of Archer Daniels Midland (ADM) unit Crop Risk Services (CRS) marks the latest chapter in the New York-listed (re)insurer's expansion into specialty insurance

Bernard Goyder, 01 February 2017
Gulf Re ratings pulled after it enters run-off

Arch-owned reinsurer Gulf Re has had its ratings withdrawn by AM Best after the Dubai-based group went into run-off on 1 November.

Matthew Neill, 01 February 2017
Memorial service to be held for Bartell

Chaucer is to host a celebration of its deputy CEO Bruce Bartell's life at the Merchant Taylors' Hall on Threadneedle Street, London, on 30 March

Charlie Thomas, 01 February 2017
Third Point Re to trade up following outperformance: KBW

Third Point Re's investment management arm, Third Point LLC, has posted a return of 2.6 percent for January, about 80 basis points above the S&P 500'S 1.8 percent performance for the month

Charlie Thomas, 01 February 2017
PwC names London market leader

PwC has appointed partner Paul Delbridge to the role of London market insurance leader.

Catrin Shi, 01 February 2017
BigFoot claim settled for $550mn

The upstream energy market has settled a major construction claim related to the faulty BigFoot Gulf of Mexico platform for less than many in the sector had first feared, The Insurance Insider can reveal

Adam McNestrie, 01 February 2017
Kaikoura earthquake claims reach NZ$900mn

Private insurers have received claims exceeding NZ$900mn ($654mn) from the Kaikoura earthquake that struck New Zealand in November.

Matthew Neill, 01 February 2017
Perils launches Canada loss aggregating service

Industry loss aggregator Perils has announced a partnership with Toronto-headquartered CatIQ to begin tracking insured losses from Canadian catastrophes.

Fiona Robertson, 01 February 2017
US broker M&A approaches record in 2016: Optis

M&A among insurance intermediaries in the US and Canada last year nearly matched the torrid pace set in 2015, when a record 456 deals were reported, according to an analysis from Optis Partners in Chicago.

Ted Bunker, 01 February 2017

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