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Toads revisited

Remember being a child on the first day of the summer holidays? The possibilities were limitless

25 July 2016
Besso sale draws towards conclusion

Mid-market private equity house Inflexion and Cantor Fitzgerald affiliate BGC Partners are two of the parties in the later stages of the sale that will determine ownership of independent Lloyd's broker Besso, The Insurance Insider can reveal.

Adam McNestrie, 25 July 2016
XL Group completes Bermuda redomicile

XL Group, the top holding company of XL Catlin, has completed its planned redomestication from Ireland to Bermuda, it announced today.

Winifred Okocha, 25 July 2016
Lloyd’s insurers launch $635mn specie consortium

Pembroke, Apollo and Navigators will lead a newly minted Lloyd's market specie consortium that offers insureds capacity of up to $635mn for any one risk.

Catrin Shi, 25 July 2016
Forex movements boost Hiscox H1

First-half pre-tax profit at Hiscox grew by 52 percent to £206mn ($270mn), as favourable forex moves helped the carrier beat analyst consensus of £153mn.

Catrin Shi, 25 July 2016
Ironshore IPO prospectus filed in New York

A formal prospectus has been issued for Ironshore's proposed IPO as parent Fosun looks to take the insurer public in a move first revealed by The Insurance Insider earlier this year.

Dan Ascher, 24 July 2016
No ‘brain damage’ for retail investors in Blackstone’s Harrington Re

Blackstone’s reinsurance joint venture with Axis Capital, Harrington Re, was pitched as a way for retail investors to get access to a broad Blackstone portfolio in one vehicle, chief operating officer Tony James said on a Q2 earnings call.

Fiona Robertson, 22 July 2016
AmTrust acquires US space MGA

Acquisitive US-listed carrier AmTrust has acquired Maryland-based space managing general agent (MGA) Assure Space, The Insurance Insider can reveal.

Dan Ascher, 22 July 2016
Beazley commits to Singapore after Atrium exit

Beazley has expressed confidence in its Singapore operation as Atrium's decision to exit Lloyd's Asia earlier this week placed the platform's performance in the spotlight

Winifred Okocha, 22 July 2016
CIRC: Insurers should not be used as ATMs

The chairman of the China Insurance Regulatory Commission (CIRC) has warned against insurers becoming "automatic teller machines" for activist shareholders

Catrin Shi, 22 July 2016

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