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Hiscox appoints Hussain as group CFO
London-listed carrier Hiscox has appointed Hamayou Akbar (Aki) Hussain as its group CFO, the company announced today (22 April).
22 April 2016
Scor grows 4.7% at April renewals
Scor Global P&C increased gross written premium (GWP) by 4.7 percent at the 1 April renewals to EUR440mn, it announced today (22 April)
Catrin Shi
,
22 April 2016
Travelers leads P&C shares down
Travelers led a slew of P&C stocks down in trading today (21 April) as investors reacted negatively to an earnings miss driven by higher cat losses and slowing reserve releases.
Dan Ascher
,
22 April 2016
Insurance improves but reinsurance deteriorates at Aspen
First quarter operating profits at Aspen were 8 percent lower at $89.9mn as improved underwriting performance in the carrier's expansive insurance arm was offset by deterioration in its reinsurance business.
Dan Ascher
,
22 April 2016
AM Best goes negative on Sirius
Ratings agency AM Best has assigned a negative outlook to the financial strength rating and issuer credit rating of Sirius just days after the carrier was taken over by China Minsheng Investment (CMI).
Dan Ascher
,
21 April 2016
IFG’s Lewis appointed permanent successor to Levinson
Christopher Lewis, who was drafted in as interim president of IFG after Lou Levinson's surprise departure, is set to assume the role on a permanent basis.
David Bull
,
21 April 2016
Sackett launches MGA consolidator
A consortium of investors led by specialty managing general agent (MGA) veteran Matthew Sackett has launched MGA aggregator Doxa Insurance.
David Bull
,
21 April 2016
AJG continues to expand wholesale platform
AJ Gallagher (AJG) has added to its expansive wholesale and managing general agent (MGA) platform Risk Placement Services (RPS) with the acquisition of Nevada-based managing general agent KDC Associates.
David Bull
,
21 April 2016
Brown & Brown wholesale revenues climb
Brown & Brown's wholesale brokerage platform booked solid organic growth of 3.4 percent in the first quarter as revenues climbed to $47.9mn.
David Bull
,
21 April 2016
Endurance looks to grow US binder book with Fornof hire
Endurance has staffed up its contract binding operations (CBO) division in the US as it looks to expand its distribution partners and continue growing the business, Inside E&S can reveal.
David Bull
,
21 April 2016
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