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Aspen taps Allied World for US cyber team

Aspen has hired Josh Ladeau and three other underwriters from Allied World to build out its US-based cyber team, it announced today (7 June)

Catrin Shi, 07 June 2016
Market is ‘defying gravity’ on rates and returns: Pryce

Carriers that manage to deliver any sort of return during the current soft market are "defying gravity", according to QBE Europe CEO Richard Pryce

Matthew Neill, 07 June 2016
Esure mulls Gocompare demerger

UK-listed motor insurer Esure is considering a demerger of price aggregation site Gocompare.com, it announced today (7 June)

Catrin Shi, 07 June 2016
Helios releases profit forecasts

AIM-listed Names-backed Lloyd's carrier Helios Underwriting has acquired additional capacity for its investors on the company's 2014 and 2015 underwriting portfolios

Winifred Okocha, 07 June 2016
Longer wait for implementation of ILS legislation

The timeline for implementing legislation to attract insurance-linked securities (ILS) business to the UK is set to take longer than expected due to increased industry interest, according to the CEO of Scor's Paris-London hub Malcolm Newman.

Winifred Okocha, 07 June 2016
Fitch: South German flood claims could hit EUR1bn

Total insured losses from the recent flooding in Germany could reach EUR1bn ($1.1bn), according to estimates from Fitch Ratings

Catrin Shi, 07 June 2016
RLI names transportation president

RLI has promoted head of truck underwriting Dan Meyer to president of the transportation division, it announced yesterday (6 June)

Catrin Shi, 07 June 2016
Trust Re profit ticks up in Q1

First quarter pre-tax profit at Bahrain-based Trust Re increased 7.7 percent on the prior-year period to $8.4mn, as an improved investment result offset weaker underwriting performance.

Catrin Shi, 07 June 2016
Everest Re adds annuities exec Graf to board

Everest Re has elected retirement and annuity insurance specialist John Graf to its board of directors

Fiona Robertson, 07 June 2016
Australian storm losses pass A$56mn

The Insurance Council of Australia (ICA) said that insured losses from storms in eastern Australia have reached A$56mn ($41.6mn), up from an A$38mn ($28mn) estimate released yesterday (6 June)

Lucy Jones, 07 June 2016

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