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Chubb warns of $390mn Q2 nat cat loss
Chubb has disclosed a $390mn pre-tax net loss from natural catastrophes in the second quarter, some $110mn more than budgeted
Catrin Shi
,
13 July 2016
Dual shakes up executive board with senior hires
A major overhaul of Hyperion's MGA Dual has seen Stephen Manning appointed COO and senior market figures David Ibeson and Ralph Snedden brought in as non-executive directors
Charlie Thomas
,
13 July 2016
LMG in talks over UK foreign aid cat bond
The London Market Group (LMG) is launching a white paper today (13 July) at a House of Commons roundtable to discuss the creation of a foreign aid catastrophe bond (FAB)
13 July 2016
Oliveira leaves Nephila
The insurance-linked securities (ILS) sector's largest fund manager Nephila has confirmed that partner David Oliveira has left the firm.
13 July 2016
CCR state guarantee under threat after Scor wins court ruling
The state guarantee provided to French reinsurer Caisse Centrale de Reassurance (CCR) for natural catastrophe risks is under threat after a court ruled that the agreement would have to be approved by the EC or cancelled
13 July 2016
RenaissanceRe CFO Kelly to step down
RenaissanceRe's CFO and COO Jeffrey Kelly is set to retire, the Bermudian carrier announced in a statement today (12 July).
Dan Ascher
,
13 July 2016
West of England P&I improves CR
The West of England marine protection and indemnity (P&I) club improved its combined ratio by 13.8 percentage points to 83.6 percent for the year to 20 February 2016 thanks to a continued benign claims environment
12 July 2016
BHSI touts liability cover for US architects and engineers
Berkshire Hathaway Specialty Insurance (BHSI) has launched a new professional liability offering for US architects and engineers (A&E) with a $25mn line size, the carrier announced today (12 July).
12 July 2016
US nat cat losses $11bn in H1: Munich Re
US insured losses caused by natural catastrophes hit $11bn during the first half of 2016, primarily due to storms in Texas and neighbouring states, according to Munich Re
12 July 2016
Aspen appoints US crisis management head
Aspen's insurance subsidiary has hired Nicky Alexandru to lead its crisis management unit in the US, the carrier announced today (12 July).
12 July 2016
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