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Blenheim reassembles Cathedral team

Newly-approved Lloyd's syndicate Blenheim has hired former Cathedral property active underwriter John Hamblin‎, the company said this morning

Matthew Neill, 31 October 2016
Matthew losses pile up despite lower forecasts

Fresh estimates of Hurricane Matthew losses added as much as $700mn to the anticipated total this week as industry executives gave analysts their initial assessments of what the storm would end up costing their companies.

Catrin Shi, 29 October 2016
AmTrust buys workers’ comp specialist AmeriHealth for $90mn

AmTrust is acquiring AmeriHealth Casualty Insurance Company from Independence Health Group for about $90mn in cash, the New York-listed company said today.

Catrin Shi, 28 October 2016
Flood Re CEO moves to Axa six months after launch

Flood Re CEO Brendan McCafferty is to leave his position as CEO of Flood Re after less than three years in post to become CEO of Axa's intermediated and direct insurance business in the UK

Catrin Shi, 28 October 2016
Matthew losses to be within cat load at Arch

Hurricane Matthew is likely to result in cat losses of less than $40mn for Arch during the fourth quarter of the year, according to CEO Dinos Iordanou

Charlie Thomas, 28 October 2016
Aon Benfield Q3 organic growth up to 1%

Organic revenue at Aon's reinsurance arm Aon Benfield grew 1 percent in the third quarter to rebound from the 4 percent decrease reported in the same period of last year

Catrin Shi, 28 October 2016
Bell hired to lead AIG aviation book

Senior Aon Benfield broker David Bell is set to join AIG as global head of aerospace, The Insurance Insider can reveal

Adam McNestrie, 28 October 2016
AJ Gallagher reports 3.4% organic growth in Q3

Acquisitive intermediary Arthur J Gallagher reported organic growth of 3.4 percent for the third quarter as revenue from its brokerage division climbed to $823.8mn.

Dan Ascher, 28 October 2016
Hartford posts profit gains on strength of commercial performance

The Hartford Financial Services Group’s third-quarter profit climbed on gains in its commercial property and casualty segment and a sharp reduction in losses in its personal lines, where pressure from auto coverage erased homeowner improvements.

28 October 2016
Validus Q3 profit climbs 26% as premiums dwindle

Validus reported a 25.6 percent surge in net operating income to $82.6mn in the third quarter on lower premium volume that was partly driven by foreign exchange pressures affecting the Bermudian’s Lloyd’s syndicate Talbot.

Dan Ascher, 28 October 2016

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