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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
Six executives named on IUA board
The International Underwriting Association (IUA) has elected six London market executives to its board, the organisation announced on 5 July.
05 July 2016
Colorado scientists add named storm to forecast
Colorado State University (CSU) updated its 2016 hurricane season forecast on 1 July to include one extra named storm, bringing the total number predicted to 15, as it said the transition away from an El Niño weather pattern continued.
05 July 2016
Apollo moves into marine hull with Henstridge hire
Lloyd's managing agent Apollo has hired well-regarded marine underwriter Iain Henstridge as it looks to build out a hull book, The Insurance Insider understands.
05 July 2016
International P&C reinsurance softening outpaces US
Although there was evidence in some international territories of a slowdown in rate softening, price falls still typically outstripped the US for P&C reinsurance lines, according to mid-year renewal data from Willis Re.
05 July 2016
Softening slows for US P&C reinsurance: Willis Re
There was further evidence of slowing rate reductions for US P&C placements at the 1 June and 1 July reinsurance renewals, according to Willis Re.
05 July 2016
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