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Kinsale shares up 15% after $106mn IPO

Shares in Kinsale Capital Group closed up 15 percent on Nasdaq today after the US specialty insurer staged its long-awaited IPO in a move first reported by The Insurance Insider in December 2014.

David Bull, 28 July 2016
LMG says Tom will save carriers £223mn a year

The London Market Group (LMG) has claimed the target operating model (T) will deliver £223mn a year in savings to the carrier market.

Matthew Neill, 28 July 2016
Daniels returns to Marsh to grow Western US business

Marsh has appointed Andrew Daniels to lead its push in growing its advisory and transactional services business in the western part of the US.

Dan Ascher, 28 July 2016
XL Catlin shares leap after strong Q2 earnings beat

XL Catlin shares jumped more than 5 percent in New York trading this morning as the carrier impressed investors with a strong second quarter earnings beat.

Matthew Neill, 28 July 2016
Reinsurance market bottoming out: Hendrick

XL Catlin reinsurance CEO Gregory Hendrick has said reinsurance pricing is beginning to bottom out as rate declines slow down across most lines and regions

Matthew Neill, 28 July 2016
Guy Carpenter organic revenues rebound in Q2

Second quarter organic revenues at Guy Carpenter have rebounded to growth of 3 percent year-on-year after the reinsurance broker reported a fall in revenues in the same period a year earlier

Catrin Shi, 28 July 2016
Validus hopes for energy turn after $1bn+ Jubilee loss

Validus expects the Jubilee oil field loss to cause industry losses of $1bn-$1.25bn and for rate increases to take place in the beleaguered energy market

Fiona Robertson, 28 July 2016
JLT Re appoints Marsh exec as managing broker

JLT Re has appointed Pete Chandler as executive vice president and managing broker, effective from 8 August

Catrin Shi, 28 July 2016
Axis set on further third-party capital expansion

Axis Capital increased its reinsurance cessions in the second quarter and has confirmed it is planning to expand its use of third-party capital

Fiona Robertson, 28 July 2016
AIG adds Brexit cover to D&O policies

American International Group (AIG)'s UK arm has announced the addition of Brexit-related residency and repatriation costs to its directors' and officers' (D&O) policies

Matthew Neill, 28 July 2016

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