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Lloyd’s China premiums up to $290mn: Nelson

Lloyd's chairman John Nelson believes that gross written premiums on the Lloyd's China platform passed 2bn yuan ($289.8mn) in 2016

Laura Board, 16 January 2017
Gable and Enterprise failures lead to extra FSCS levy

The UK Financial Services Compensation Scheme (FSCS) has announced a supplementary levy for general insurers of £63mn ($83mn) to compensate the policyholders of failed insurers Enterprise and Gable Insurance

Charlie Thomas, 16 January 2017
Munich Re takes part in £7.5mn InsurTech funding

Munich Re is among the participants in a £7.5mn ($9.5mn) Series A funding round for InsurTech start-up Bought By Many, through its venture capital arm HSB Ventures

Matthew Neill, 16 January 2017
Skuld completes SMA/Gerling deal

Norway-headquartered protection and indemnity (P&I) club Skuld has completed its share purchase agreement for Skuld Marine Agency/Gerling Norway (SMA)

Charlie Thomas, 16 January 2017
Berkshire Hathaway launches P&C fac unit

Berkshire Hathaway Reinsurance Group has set up a new P&C facultative unit led by a former Swiss Re executive, sister publication Inside FAC has reported

Bernard Goyder, 16 January 2017
US M&A expensive: Bäte

Allianz CEO Oliver Bäte has said only a large M&A deal in the US would be worthwhile for his firm, but that American businesses had become expensive

Laura Board, 16 January 2017
Turkish cargo plane crashes in Kyrgyzstan

An estimated 37 people lost their lives after a Turkish cargo jet crashed in a village in Kyrgyzstan earlier this morning, according to reports

Catrin Shi, 16 January 2017
Scor appoints regional managing directors

Scor has named two new managing directors for its Americas and Asia Pacific hubs, amid a number of senior leadership changes

Catrin Shi, 16 January 2017
Herbert leaves Suncorp after 17 years

Suncorp chief transformation officer Clayton Herbert is to leave the firm later this month, the Australian insurance giant announced today

Charlie Thomas, 16 January 2017
Desjardins plans Western Financial sale: Reuters

Desjardins Group, a financial cooperative whose operations include Canada's third-largest property and casualty insurer, plans to sell its Western Financial unit, Reuters has reported, citing sources it didn't name.

Ted Bunker, 14 January 2017

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