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CSU forecast calls for near-normal hurricane season

Colorado State University (CSU) scientists Philip Klotzbach and William Gray have predicted the 2016 Atlantic basin hurricane season will see near-average activity, after two years of calling for below-average forecasts.

Fiona Robertson, 15 April 2016
Earthquake strikes Japan

A magnitude 6.2 earthquake struck the southern Japanese island of Kyushu, 11 km (7 miles) east of the city of Kumamoto, on Thursday night (14 April) local time.

Catrin Shi, 14 April 2016
MP suggests broadening Pool Re to include cyber

The UK's Pool Re scheme could be expanded to include cyber cover, according to the MP for the cities of London and Westminster

Winifred Okocha, 14 April 2016
Trust Re approved as Lloyd’s coverholder

Trust Insurance Management (TIM), a subsidiary of Bahrain-based life and non-life carrier Trust Re, has been approved as a Lloyd's coverholder, the company announced yesterday (13 April).

Matthew Neill, 14 April 2016
RSA-owned Irish motor carrier overcharged customers

RSA-owned Irish motor insurer 123.ie has refunded around 8,000 customers whom it overcharged for motor policies over a period of two years, the company announced today (14 April)

14 April 2016
United takes $15mn Q1 storm losses

Florida insurer United Insurance Holdings (UPC Insurance) said it had taken $15mn of pre-tax catastrophe losses in the first quarter, putting it on track to begin making claims under its $20mn winter storm aggregate reinsurance programme.

Fiona Robertson, 14 April 2016
Beazley expands Singapore hub

Beazley has added four new underwriters to its Singapore operations to bolster its marine, cargo, political risks and specialty lines product areas.

Catrin Shi, 14 April 2016
Brillante Virtuoso owner arrested on suspicion of fraud

A Greek ship-owner was arrested after giving evidence in a case against 10 Lloyd's insurers in connection with the loss of the Brillante Virtuoso in 2012

Catrin Shi, 14 April 2016
XL Catlin hires former AIG exec Gouraud

XL Catlin has hired Philippe Gouraud as head of strategic client and broker management for its insurance division

David Bull, 14 April 2016
TigerRisk in first secondary trade on Xchanging platform

TigerRisk has transacted the first ever electronic secondary reinsurance trade using Xchanging's new placement platform XgRM

David Bull, 14 April 2016

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