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Axa tests reinsurers’ resolve with 50% aviation QS
A litmus test of the aviation reinsurance market is on the way as carriers weigh the merits of a new 50 percent whole-account quota share sought by top-10 aviation insurer Axa.
Adam McNestrie
,
22 November 2016
Alpha and Omega
Are the golden days of globalisation over, or has it just had a correction?
Mark Geoghegan
,
22 November 2016
New Zealand quake to dent Q4 earnings
The Kaikoura earthquake that struck New Zealand last week will take another bite out of the fourth quarter earnings of global specialty (re)insurers, as 2016's run of small-to-mid-sized cat losses continues.
Adam McNestrie
,
22 November 2016
Casserley to depart with $21mn
Willis Towers Watson deputy CEO Dominic Casserley will receive a payout of up to $21mn when he leaves the firm at the end of the year, the Financial Times has reported.
Charlie Thomas
,
22 November 2016
Japan shaken by magnitude 7.4 quake
A magnitude 7.4 earthquake struck the eastern coast of Japan at 6am local time today
Charlie Thomas
,
22 November 2016
Towergate posts positive Ebitda growth in Q3
Towergate today posted a 5.9 percent increase in adjusted Ebitda to £19.4mn ($24.0mn) in Q3, its first quarter of positive year-on-year growth since its financial restructuring in 2015.
Catrin Shi
,
22 November 2016
Rockhill launches Upton cat unit challenged by Everest
Rockhill Insurance Group has officially launched the excess and surplus (E&S) property unit being set up by former Everest National executive Tracy Upton and his team after fighting off a legal challenge.
Ted Bunker
,
22 November 2016
DE Shaw plans James River share sale
Shares of James River Group Holdings are set to be sold by affiliates of DE Shaw & Co in a secondary offering underwritten by Morgan Stanley, the Bermuda specialty carrier said late today.
Ted Bunker
,
22 November 2016
New York cybersecurity rule deemed excessive by industry
Insurers have raised objections to proposed New York state cybersecurity regulations, claiming the planned rules are too onerous and inflexible.
Ted Bunker
,
21 November 2016
TigerRisk taps Willis Re for Hong Kong CEO
TigerRisk has hired Willis Re's Xuejun Wang to become CEO of Hong Kong subsidiary TigerRisk China Partners
Catrin Shi
,
21 November 2016
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