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Agents ask Trump to dump the Federal Insurance Office
President-elect Donald Trump may be a saviour in the eyes of American insurance agents, assuming their Washington lobbyists can convince him to close the US Treasury’s Federal Insurance Office (FIO).
Ted Bunker
,
23 November 2016
Nine Merchants Re confirms launch under Warwick and Ye
Nine Merchants Re, the $500mn start-up led by former Aon Benfield Greater China CEO Steve Warwick, has confirmed it is applying for authorisation to launch a reinsurance business in Hong Kong.
Charlie Thomas
,
22 November 2016
Charles Taylor shares fall 14% amid profit warning
Insurance services firm Charles Taylor saw its share price plummet by 13.8 percent today after it was forced to admit it was likely to miss market expectations for its 2017 earnings growth
Charlie Thomas
,
22 November 2016
Underlying reinsurance combined ratio 99%: Swiss Re
The underlying combined ratio for the global non-life reinsurance sector will reach 99 percent this year, Swiss Re has predicted
Catrin Shi
,
22 November 2016
BP Marsh invests in marine cargo MGA Fiducia
BP Marsh has bought a 25 percent stake in marine cargo managing general agency (MGA) Fiducia for a total consideration of £75,000 ($92,895).
Catrin Shi
,
22 November 2016
HDI Global branches into UK cyber
HDI Global has entered the UK cyber market, promoting senior claims manager Peter Hawley to underwrite its new offering.
Catrin Shi
,
22 November 2016
James River shares drop on secondary offering
James River Group's shares opened down 7.7 percent this morning at $38.56 after the US excess and surplus lines player disclosed a proposed sale of stock by backer DE Shaw late yesterday.
Ted Bunker
,
22 November 2016
UK P&I Club gives 3% premium discount
The UK P&I Club has agreed a 3 percent premium discount on the total mutual call for the 2015 policy year
Catrin Shi
,
22 November 2016
AIG weighs European HQ relocation
Anthony Baldwin, CEO of AIG Europe and AIG UK, has said that the carrier would consider moving its European headquarters out of London in the wake of the Brexit vote.
Charlie Thomas
,
22 November 2016
The Insider 30
Share price data on The Insurance Insider's universe of P&C (re)insurers
Iulia Ciutina
,
22 November 2016
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