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IRB touts £40mn London legacy book
Brazilian national reinsurance giant IRB-Brasil Resseguros (IRB) has been exploring the sale of its London-based carrier now in run-off, The Insurance Insider understands.
05 July 2016
Fosun set to enter legacy with $600mn Armour-Hartford deal
Major Chinese conglomerate Fosun has entered the legacy space after a period of prolonged flirtation by backing Armour's pending acquisition of The Hartford's £452mn ($595mn) London market book, The Insurance Insider can reveal.
05 July 2016
Ark completes $420mn Aquiline buyout
The management of Ark has made the final payment in its audacious staggered purchase of the Lloyd's insurer.
05 July 2016
Tokio Marine HCC poaches XL Catlin team amid a sea of marine moves
Recently acquired Tokio Marine HCC has recruited a trio of marine executives from XL Catlin's hull division, The Insurance Insider can reveal.
05 July 2016
Best of British
Reality check. The UK is out of the European Union and barring a miracle or a massive political U-turn it will not retain passporting rights to do cross-border business in the European Economic Area.
05 July 2016
Scales on course for 1 January Lloyd’s start
Peter Scales and his former Cathedral colleagues are on course for a 1 January start-up at Lloyd's, defying the current market belief that a Lloyd's business cannot be put together inside of a year.
05 July 2016
Brexit: a containable but poorly timed shock
The UK's momentous decision to leave the European Union has eclipsed everything else in the news agenda in the days since the verdict was delivered, and ushered in a period of fevered political interest.
05 July 2016
Harrington Re launches after $600mn capital raise
Axis Capital and Blackstone-backed total return reinsurer Harrington Re has launched after completing a $600mn capital raise and securing an A- financial strength rating from AM Best.
05 July 2016
TMK hires Amphlett as aviation deputy
Ben Amphlett has joined Tokio Marine Kiln (TMK) as deputy aviation underwriter to develop a new aviation contingency product for the carrier.
05 July 2016
XL Catlin hires Asia marine hull leader
XL Catlin has appointed Oliver Miloschewsky as regional product leader for Asia Pacific hull and yacht business, the carrier announced today (5 July)
05 July 2016
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