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Talbot and Markel boost D&O capacity in MEA

Lloyd's carriers Talbot Underwriting and Markel have launched a combined directors' and officers' (D&O) operation in Lloyd's Dubai, the companies announced yesterday (5 April)

Matthew Neill, 06 April 2016
Pool Re appoints non-executive chairman

UK government-backed terror mutual Pool Re has appointed Geoff Riddell as non-executive chairman, the company announced today (6 April).

Matthew Neill, 06 April 2016
Bank of England warns on soft market

The Bank of England (BoE) has warned (re)insurers to be extra-vigilant about their capital levels due to continued softening in the market

Catrin Shi, 06 April 2016
New US inversion rules could hit P&C earnings and M&A

Tighter US Treasury rules to tackle so-called "inversion" deals and earnings stripping through related-party debt could impact global P&C profits and M&A activity, according to Morgan Stanley analyst Kai Pan.

David Bull, 06 April 2016
Kemper warns of $45mn Q1 cat losses

New York-listed personal lines carrier Kemper has warned its first quarter cat losses could run up to $45mn following a number of significant storms.

Dan Ascher, 05 April 2016
The Insider 30’s average share price rises

After the volatility experienced in the previous month March was a more benign trading period, with two-thirds of the Insider 30 trading up. The group as a whole achieved an average share price rise of 2.1 percent.

Iulia Ciutina, 05 April 2016
Retail intermediary pleads ignorance in negligence claim

A regional US retail insurance broker has claimed that it had "no expertise" procuring cyber insurance coverage in the face of allegations it negligently secured limits well below the $3mn demanded.

Dan Ascher, 05 April 2016
Profitability stumbles as soft market bites

Pre-tax profits fell by almost a third at Lloyd's in 2015 to £2.12bn, as the market continued to feel the grip of the soft market

Catrin Shi, 05 April 2016
Further alleged victims added in AIG Cosby suit

A further four alleged victims have come forward in a string of suits against actor and comedian Bill Cosby, who is facing allegations of rape dating back 40 years.

Dan Ascher, 05 April 2016
Brokers look to overturn threatening judgment

In an unusual move, four of the largest reinsurance brokers have waded into an appeals court case to ask judges to overturn a decision in a dispute between a legacy carrier and its reinsurer.

Dan Ascher, 05 April 2016

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