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Baker appointed CRO at Hamilton Underwriting

Hamilton has appointed Alex Banker as chief actuary and chief risk officer (CRO) of its Lloyd's arm, the company announced today (10 May)

Matthew Neill, 10 May 2016
Athene Holding to launch IPO

Apollo-backed Athene Holding is preparing for an IPO and has filed a registration statement with the US Securities and Exchange Commission

Catrin Shi, 10 May 2016
AIG exploring sale of $15bn variable annuity book

American International Group (AIG) is quietly holding discussions with a number of buyers about the potential sale of a book of old US variable annuity (VA) business, The Insurance Insider can reveal

Adam McNestrie, 10 May 2016
UK judge throws out Brillante Virtuoso claim

The UK High Court has struck out a claim brought against 10 Lloyd's insurers by a Greek ship-owner in a dispute over the loss of the Brillante Virtuoso in 2011

Catrin Shi, 10 May 2016
Premium flight harms African growth prospects: AIO

African insurance companies are struggling to stop premiums leaving the region as foreign competition and a dearth of local skills harms their growth potential

Matthew Neill, 10 May 2016
Brindle: Businesses will shun London headquarters post-Brexit

Richard Brindle's start-up Fidelis would probably not have been headquartered in London if it had been launched following a UK vote to leave the European Union

Winifred Okocha, 10 May 2016
Hiscox posts double-digit top-line growth

Hiscox wrote £641mn ($924mn) of gross premiums in Q1, a 10 percent year-on-year increase, as volume in its retail business climbed.

Charlie Thomas, 10 May 2016
Stronger than expected combined ratio aids Hannover Re

Analysts have hailed a strong set of Q1 results for Hannover Re, after the reinsurance giant beat profit and combined ratio expectations.

Charlie Thomas, 10 May 2016
Munich Re’s Q1 numbers fall short

First quarter operating profits at Munich Re fell by 27 percent to EUR726mn ($827mn), missing the analyst consensus by 23 percent.

Catrin Shi, 10 May 2016
State National extends Meadowbrook deal

Fronting specialist State National has extended its relationship with Fosun-owned Meadowbrook to at least 2017, delivering minimum ceding fees totalling $22.5mn.

David Bull, 10 May 2016

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