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Pioneer forms tech and cyber liability team

Pioneer Underwriters has launched a miscellaneous, technology and cyber liability unit under the leadership of former Ace executive David Lucey, who becomes vice president.

Laura Board, 10 January 2017
Pen Underwriting appoints solicitors’ PI head

UK-headquartered managing general agency Pen Underwriting has hired Paul Crilly as its new head of solicitors' professional indemnity lines

Matthew Neill, 10 January 2017
Premia Re launches after $510mn capital raise

Premia Re, the new run-off reinsurance vehicle led by former Chubb exec Bill O'Farrell and backed by Arch, has confirmed its formation by announcing a $510mn capital raise.

Dan Ascher, 10 January 2017
XL reveals $245mn Q4 cat loss

XL Group has warned investors to expect net catastrophe losses of around $245mn when the (re)insurer publishes its results for the fourth quarter.

Dan Ascher, 10 January 2017
S&P confirms CCR Re’s A- rating

Standard & Poor's (S&P) has confirmed its preliminary A- rating for the recently formed subsidiary of state-owned French reinsurer Caisse Centrale de Réassurance (CCR)

Dan Ascher, 09 January 2017
RSG gives Rosson broker engagement role

Former Woodruff-Sawyer & Co CEO Charlie Rosson has been made senior vice president at Ryan Specialty Group (RSG), the wholesale broker and underwriter announced today

Dan Ascher, 09 January 2017
Dual expands financial lines team

Hyperion's underwriting arm Dual has hired Neil Roomes to bolster its financial lines team.

Bernard Goyder, 09 January 2017
Aegis appoints property head

Aegis London has appointed Toby Sawyer as its new head of property, the Lloyd's insurer said today

Bernard Goyder, 09 January 2017
Elliott completes Aeolus acquisition

Hedge fund manager Elliott Management has completed its acquisition of a majority stake in insurance-linked securities manager Aeolus, sister publication Trading Risk reported.

Catrin Shi, 09 January 2017
Fairfax in talks with Omers to part-fund Allied bid: report

Fairfax Financial is in talks with Canadian pension fund Ontario Municipal Employees Retirement System (Omers) to provide assistance in funding the carrier's takeover of Allied World, according to Bloomberg.

Charlie Thomas, 09 January 2017

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