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Three-tier market continues in aviation renewals

Premium rates are continuing to fall in the aviation market on average, but airlines affected by major losses or with poor attritional records are now facing hikes, according to JLT

Matthew Neill, 10 August 2016
RFIB branches into M&A insurance

Independent broking house RFIB has launched an M&A insurance business with the appointment of James Wilson as head of the division, it announced today

Catrin Shi, 10 August 2016
AFG co-CEO sells $7.2mn of shares

Carl and Craig Lindner, co-CEOs of American Financial Group (AFG), have sold $12.6mn worth of stock in the company

Winifred Okocha, 10 August 2016
Rayner leaves MS Amlin for Pioneer

Minova Insurance's managing general agency Pioneer Underwriting has appointed Graeme Rayner as group underwriting director

Matthew Neill, 10 August 2016
Sompo takes $403mn hit from Kumamoto quake

Sompo Japan Nipponkoa booked 41.2bn yen ($403mn) of losses upfront from the Kumamoto earthquake in the three months to 30 June.

Catrin Shi, 10 August 2016
Starr’s UK carrier nears launch with AM Best rating

Rating agency AM Best has assigned CV Starr's UK operation an A financial strength rating ahead of its planned launch.

Matthew Neill, 09 August 2016
Swiss Re appoints Middle East head

Swiss Re has hired Old Mutual's Tavaziva Madzinga to become managing director and head of its Middle East and Africa operations from 1 November

Catrin Shi, 09 August 2016
AGCS names global property head

Allianz Global Corporate & Specialty (AGCS) has appointed Thierry Portevin as global head of property from 1 October, it announced today

Winifred Okocha, 09 August 2016
State National profits tick up

Net profits at fronting carrier State National increased by 3.2 percent to $10.0mn in the second quarter, as ceding fees climbed by 3.3 percent to $16.9mn.

Dan Ascher, 09 August 2016
Munich Re shares up 3% on results

Equity markets responded favourably to Munich Re's Q2 results as the reinsurer's shares ticked up 3.57 percent to EUR158.25 in early trading on consensus-beating figures.

Matthew Neill, 09 August 2016

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