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Altmaier appointed Florida insurance commissioner

David Altmaier has been unveiled as Florida’s new insurance commissioner, bringing to an end a process that was blighted by indecision in the state’s cabinet over appointing a successor to Kevin McCarty.

29 April 2016
Arch open to mortgage insurance acquisitions: Iordanou

Bermudian (re)insurer Arch would consider acquiring other mortgage insurance businesses as part of its growth strategy, CEO and chairman Dinos Iordanou revealed yesterday (28 April).

Matthew Neill, 29 April 2016
Zurich enters takaful market with MAA buy

Zurich Insurance Group has received regulatory approval to take full ownership of Malaysian takaful provider MAA Takaful

Catrin Shi, 29 April 2016
Aon Benfield returns to organic growth for Q1

Aon's reinsurance broking arm Aon Benfield reported organic growth of 1 percent in the first quarter of 2016, compared to a drop of 1 percent in the same period a year ago

Catrin Shi, 29 April 2016
Gibbs named as AmTrust International chairman

AmTrust has appointed Andrew Gibbs as chairman of its Bermuda arm, the company announced today (29 April)

Winifred Okocha, 29 April 2016
Swiss Re appoints divisional CEOs

Reinsurance giant Swiss Re has announced that Moses Ojeisekhoba will become reinsurance CEO after Christian Mumenthaler moves from the role to replace outgoing group CEO Michel Liès in July

29 April 2016
Swiss Re bottom line falls 14%, but beats consensus

Global reinsurer Swiss Re reported a 14.3 percent year-on-year drop in group net profits to $1.2bn for Q1 2016, but still comfortably beat many analysts' expectations.

Charlie Thomas, 29 April 2016
XL closes down 9% after Q1 miss

XL Group led a clutch of P&C stocks down in trading today (28 April) after the (re)insurer reported a set of results that disappointed analysts and investors.

David Bull, 29 April 2016
RenRe buys $10mn stake in Universal

RenaissanceRe has made its second strategic investment in a US homeowners' insurer in a matter of weeks with a deal to buy into Florida-based Universal Insurance Holdings.

David Bull, 29 April 2016
Fairfax slides to net loss on investment losses and FX

Higher operating profits in Fairfax Financial's (re)insurance operations were not enough to prevent the group falling to a first quarter loss driven by investment losses and foreign exchange movements.

David Bull, 29 April 2016

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