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Insureon launches MGA with $3bn of Lloyd’s capacity

US online insurance agency Insureon has launched a managing general agent backed by $3bn of capacity from Lloyd's syndicates to provide coverage for coastal homeowners, including for named storms

21 July 2016
BHSI enters Australian cyber market

Berkshire Hathaway Specialty Insurance (BHSI) has launched a cyber liability offering in Australia with the appointment of Emma Osgood from American International Group (AIG)

Catrin Shi, 21 July 2016
BHSI names Knight Canada financial lines head

Berkshire Hathaway Specialty Insurance has appointed Andrew Knight as national director of its Canadian financial institutions, executive and professional lines division, it announced today (20 July)

Matthew Neill, 21 July 2016
AGCS and Swiss Re tie up with MGA

Swiss Re Corporate Solutions and Allianz Global Corporate & Specialty (AGCS) have entered into an agreement with a subsidiary of Euclid Insurance Services to offer transactional insurance coverage

Winifred Okocha, 21 July 2016
Horace Mann set for P&C underwriting loss on Q2 cats

US insurer Horace Mann Educators said it expects its financial impact from weather-related cat activity in the second quarter to be $27mn-$28mn before tax.

David Bull, 21 July 2016
H1 natural hazard losses at highest since 2011: Aon Benfield

Aon Benfield's Impact Forecasting unit said insured catastrophe losses reached $30bn for the first half of this year - the highest level since 2011.

Lucy Jones, 20 July 2016
Allied World up by double digits on Q2 results

Markets have reacted positively after Allied World's second quarter earnings beat the analysts' consensus forecast, with its share price spiking by over 11 percent

Matthew Neill, 20 July 2016
Collateral lies ‘irrelevant’ to claims: UK court

The UK Supreme Court has ruled insurers are liable for claims involving "collateral lies" by the insured, overturning a previous ruling by a majority of four to one

Matthew Neill, 20 July 2016
FCA starts tender process for skilled persons panel

The UK Financial Conduct Authority (FCA) has launched the tender process for its skilled persons panel

Catrin Shi, 20 July 2016
QIC grows top line 44% in Q2

Qatar Insurance Group (QIC) has reported a 44 percent increase in second quarter gross written premiums (GWP) to $1.5bn

Winifred Okocha, 20 July 2016

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