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Safe Auto up for sale

US auto carrier Safe Auto has been under auction for a number of months, The Insurance Insider can reveal.

Adam McNestrie, 02 August 2016
Endurance and Worman part ways

Endurance has parted company with Doug Worman, the CEO of its US insurance business, The Insurance Insider revealed late last month.

David Bull, 02 August 2016
AIG backs off $5bn legacy book auction

American International Group (AIG) has told the legacy market to stand down on the potential sale of its $5bn back-year P&C book Eaglestone Re after approaching run-off acquirers to hold exploratory talks in May, The Insurance Insider can reveal.

Adam McNestrie, 02 August 2016
RSA presses ahead with £600mn legacy auction

RSA has appointed PwC to advise on the sale of its £600mn ($786mn) UK legacy portfolio, The Insurance Insider has learned.

Catrin Shi, 02 August 2016
Turkish airport loss will be minimal

The Lloyd's terrorism placement impacted by the attack at Turkey's Ataturk Airport on 28 June is likely to absorb a claim of less than $5mn, The Insurance Insider understands.

Adam McNestrie, 02 August 2016
Dual eyes capacity consolidation as Bains continues overhaul

Dual is preparing to choose a panel of around 10 insurers that will provide cornerstone capacity across the 30 percent of its book that does not constitute financial and professional lines.

Adam McNestrie, 02 August 2016
Be good or be gone

Sometimes business choices are simple moral choices.

Mark Geoghegan, 02 August 2016
Fidelis among Ariel suitors

Total return carrier Fidelis is being widely talked up as the most likely acquirer of Lloyd's (re)insurer Ariel, The Insurance Insider understands.

Adam McNestrie, 02 August 2016
AIG has ‘leadership issue’: Greenberg

Maurice "Hank" Greenberg, CEO of American International Group (AIG) for four decades, has said that the embattled insurance giant should look at its strategy and its leadership to try to recapture its historic success.

Adam McNestrie, 02 August 2016
Greenlight Re offloads legacy US construction book

Greenlight Re has completed a loss portfolio transfer for its underperforming book of US construction business, with the counterparty believed to be Fairfax's legacy vehicle Riverstone

Catrin Shi, 02 August 2016

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