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  • Expansive US homeowners' insurer Universal Insurance Holdings has received regulatory approval to write business in Alabama.
  • Switzerland-domiciled (re)insurer Allied World has appointed Marc Berner to its North American public directors' and officers' (D&O) team, the company announced yesterday (28 June).
  • Allianz's corporate insurer Allianz Global Corporate & Specialty (AGCS) has appointed its former head of marine and energy Paul O'Neill as chief underwriting officer, specialty from 1 October
  • American International Group (AIG)'s European arm has partnered with Ascot Underwriting to launch a joint venture to serve the UK high net worth insurance market.
  • A gun and bomb attack on Istanbul's Ataturk international airport yesterday (28 June) has killed 36 people and injured more than 140 others, according to reports
  • JLT Re has appointed Mark Shumway as global head of strategic advisory, the company announced yesterday (28 June).
  • Third Point Re has renegotiated the terms of its agreement with its sponsor hedge fund Third Point LLC, reducing the fund's management fee by 50 basis points to 1.5 percent of the asset balance.
  • Fosun will look to list Ironshore "as soon as possible" this year, according to the Chinese conglomerate's chairman Guo Guangchang.
  • Insurers must either embrace big data as an integral part of their business or face being overwhelmed and left behind by companies more willing to use information, according to Huw Evans, director general of UK trade body the ABI
  • Sompo Canopius and Mexican insurer Grupo Nacional Provincial (GNP) have launched a strategic partnership that will see the Lloyd's carrier underwrite specialist Mexican business.