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California insurance regulator forces $4bn asset sale

As part of a wider assault on climate change, California Insurance Commissioner Dave Jones has claimed responsibility for forcing a $4bn selldown in fossil fuel-related assets by some insurers.

Dan Ascher, 20 January 2017
Vale adds AIG exec to run transportation underwriting

Vale Insurance Partners has hired AIG executive Sal Orso to manage underwriting for transportation-focused risk retention group (RRG) Onyx Insurance Company, The Insurance Insider can reveal

David Bull, 20 January 2017
Berkley Re CUO handed group underwriting role

The former chief underwriting officer of WR Berkley’s reinsurance operation, Jonathan Schriber has been promoted to a group role, the company announced today along with two other appointments.

Dan Ascher, 20 January 2017
Zurich cuts 240 back office jobs in UK

Zurich is set to slash around 240 jobs from its UK workforce as its recently arrived CEO Mario Greco continues to enact a turnaround plan announced late last year.

Dan Ascher, 19 January 2017
Aon reportedly near $4.5bn sale of Hewitt benefits unit

Broking giant Aon is near to selling its benefits consulting arm to private equity firm Clayton Dubilier & Rice in a deal expected to value the business at almost $4.5bn, Reuters has reported

Ted Bunker, 19 January 2017
QBE Europe loses cyber head

James Tuplin, cyber portfolio manager for QBE Europe, is leaving the company, The Insurance Insider understands

Catrin Shi, 19 January 2017
Argenta hires QBE treaty underwriter

Argenta has hired Nick Toth from QBE to run its property catastrophe book, according to market sources.

Bernard Goyder, 19 January 2017
RFIB establishes Limehouse Agencies MGA

RFIB has launched a managing general agency (MGA) called Limehouse Agencies under the non-executive chairmanship of former Axis CEO Jack Gressier

Matthew Neill, 19 January 2017
Lloyd’s receives final India approval

Lloyd's has received final "R3" approval from the Indian regulator to establish a branch in the country and plans to begin writing business in time for the April reinsurance renewals.

Matthew Neill, 19 January 2017
Jardine and Clementi join LMA board

The Lloyd's Market Association (LMA) has recruited Paul Jardine and Tom Clementi to its board, the organisation announced

Bernard Goyder, 19 January 2017

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