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Axis hires Tatum from CNA

Axis Insurance has appointed John Tatum from CNA Financial Corporation to head up its US programmes business

Matthew Neill, 28 July 2016
BHSI launches New Zealand cyber liability cover

Berkshire Hathaway Specialty Insurance Company (BHSI) has appointed Ian Marshall to lead its new cyber liability product line in New Zealand

Matthew Neill, 28 July 2016
Capsicum Re expands cyber team

Capsicum Re has hired a trio of cyber brokers to its London office, the specialist reinsurance intermediary announced yesterday

Matthew Neill, 28 July 2016
Forsea Life frontrunner in Asia Capital Re bid

China's Foresea Life Insurance Company is in advanced discussions to buy Asia Capital Re (ACR), according to reports from the Wall Street Journal (WSJ)

Catrin Shi, 28 July 2016
Fosun suspends trading on possible deal announcement

Chinese conglomerate Fosun suspended trading of its shares today (28 July), pending the release of "an announcement containing inside information in relation to a possible notifiable transaction."

Catrin Shi, 28 July 2016
Q2 cats send Aspen to underwriting loss

Aspen fell to an underwriting loss for the second quarter as a preannounced hit from catastrophe events combined with a lower contribution from reserve releases.

David Bull, 28 July 2016
Arch top line grows on LPT and mortgage expansion

Arch Capital grew gross written premiums (GWP) by 10.9 percent to $1.39bn in the second quarter as the carrier continued to build out its mortgage insurance and reinsurance business.

Dan Ascher, 28 July 2016
XL outperforms despite 57% drop in operating profits

XL Group became the latest carrier to report significantly lower second quarter operating earnings driven by preannounced catastrophe losses.

David Bull, 28 July 2016
Industry at the most dangerous part of the cycle: Maloney

The (re)insurance industry is at the most dangerous part of the cycle, and it won't take much more pain to force some carriers into the red, according to the CEO of Lancashire.

Charlie Thomas, 27 July 2016
Long-awaited Kinsale IPO set to price

US specialty insurer Kinsale is due to price its long-expected IPO today, which would raise $96mn of primary gross proceeds if set at the top of the $14-$16 a share indicative range

Charlie Thomas, 27 July 2016

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