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Navigators Re adds US property cat with RLI book

Navigators has entered the US property cat excess of loss (XoL) reinsurance market by picking up the renewal rights on a book of business currently underwritten by fellow US specialty insurer RLI Corp, The Insurance Insider can reveal.

David Bull, 06 December 2016
CPPIB completes Ascot acquisition

The Canada Pension Plan Investment Board (CPPIB)'s $1.1bn acquisition of Lloyd's carrier Ascot has completed, The Insurance Insider understands.

Adam McNestrie, 06 December 2016
If I had my time again…

No matter how tumultuous the times in which we live, there is always one rock-solid constant upon which a fearful world can anchor itself - that the insurance industry is 15 years behind the times.

Mark Geoghegan, 06 December 2016
Insider View: Urban and Haverstick start-up

A successful launch of a US programme insurer by Tony Urban and Shane Haverstick would mark a rapid return to the market for the former Third Point Re duo.

David Bull, 06 December 2016
Urban and Haverstick look to launch $140mn start-up

Former Third Point Re executives Tony Urban and Shane Haverstick are fundraising for a start-up US programme insurer, The Insurance Insider can reveal.

Dan Ascher, 06 December 2016
Insider View: The London MGA sell-off

News that CFC is considering a change in equity backing is a milestone in the development of the burgeoning London managing general agency (MGA) market.

Catrin Shi, 06 December 2016
CFC appoints bankers for strategic review

Specialist managing general agent (MGA) CFC Underwriting has appointed boutique investment bank Evercore to explore strategic options for a change in equity ownership, The Insurance Insider can reveal.

Catrin Shi, 06 December 2016
United places $30mn debt with Twelve Capital

Zurich-based ILS manager Twelve Capital has taken on $30.0mn of senior debt notes from United Insurance Holdings (UPC Insurance).

Lucy Jones, 06 December 2016
Lester to join Aon as Emea M&A insurance head

Alistair Lester is to become Emea CEO of Aon's M&A insurance division, returning to the sector after more than two years as global head of Willis Towers Watson's facultative operation, The Insurance Insider understands.

Adam McNestrie, 06 December 2016
XL promotes Keller to investment chief

XL Group named former Catlin Group finance executive Andre Keller as chief investment officer to replace retiring Benji Meuli, effective 1 January.

Ted Bunker, 06 December 2016

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