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Lloyd’s and London market consider way forward
Lloyd's and the London market are faced with two incompatible options from the fallout of last month's Brexit vote, prompting discussions about the best way forward.
05 July 2016
Passporting and brain drain top CEO Brexit concerns
The UK's vote to leave the EU has prompted insurance CEOs to voice concerns over passporting business and attracting top talent
05 July 2016
News digest
TMK hires Amphlett; ArgoGlobal appoints cargo underwriter; Gable suspends shares; MSI's ILS hopes; Nexus moves into marine; XL Catlin hires Asia marine hull leader; Probitas expands casualty team; BP Marsh exits Hyperion stake
05 July 2016
Sirius ratings review underscores Chinese debt concerns
AM Best's 1 July decision to assign Sirius's new Bermuda-based company a negative outlook on its A financial strength rating has highlighted anxiety over the impact of Chinese acquisitions on carriers' credit profiles.
05 July 2016
NIHL claims continue downward trend
The volume of legacy noise-induced hearing loss (NIHL) claims is expected to continue to decline as an anticipated glut of 20,000-25,000 cases looks less likely to materialise, according to law firm Weightmans.
05 July 2016
XL Catlin chief data officer leaves
Brian Bissett has resigned as chief data officer of XL Catlin to join Zurich, The Insurance Insider can reveal.
05 July 2016
Stone Ridge reaches $4.8bn
US mutual fund manager and major sidecar investor Stone Ridge Asset Management posted a 7 percent expansion to the net asset base of its three reinsurance funds in the first part of 2016 to reach $4.76bn.
05 July 2016
Marsh Echo facility gains market support
Marsh Finpro has received widespread support from London management liability writers for its latest facility in a clear demonstration of the continuing dominance of broker-led offerings, sister title Inside FAC revealed earlier this month.
05 July 2016
$50mn+ heist highlights blockchain issues
Underwriters have warned the rise in blockchain-based companies poses significant coverage challenges, as shown by the heist of $53mn of "ether" cryptocurrency from an investment fund in June.
05 July 2016
Premium tax issues compound marine misery
The introduction of a series of premium taxes levied on the marine industry could hit fixed-premium underwriters and mutuals as shipowners battle against the charges.
05 July 2016
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