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Lloyd’s targets Indian reinsurance branch

Lloyd's will apply for permission to open a reinsurance branch in Mumbai, it announced today (1 April)

Matthew Neill, 01 April 2016
RSA completes Colombian disposal

RSA has completed the sale of its Colombian operations to Suramericana SA, it announced today (1 April)

Catrin Shi, 01 April 2016
Perils releases updated exposure database

Industry loss compilation agency Perils has this morning (1 April) released the 2016 update of its industry exposure database (IED), which includes market-wide property sums insured for windstorm, flood and quake

01 April 2016
Suncorp CIO resigns

Matt Pancino, Suncorp's chief information officer, has decided to step down from 29 April, the Australian carrier announced today (1 April)

01 April 2016
RDG completes Midas acquisition

Ryan Direct Group (RDG) has completed its acquisition of Midas Underwriting, following regulatory approval. The transaction was previously announced on 6 January 2016

01 April 2016
Rate reductions ‘marginally’ lower at 1.4: Willis Re

Positive signs like underwriting discipline and increased demand were evident at the 1 April reinsurance renewals, as the pace of rate reductions continued to moderate.

David Bull, 01 April 2016
FHCF considers repeat of $1bn reinsurance placement

The Florida State Board of Administration (SBA) has recommended the state's cat fund should return to the private reinsurance market to buy $1bn of limit for the 2016 hurricane season.

David Bull, 31 March 2016
First marine cat model due in May: RMS

RMS is set to unveil the insurance industry's first marine cargo and specie catastrophe model in May this year following collaboration with a number of companies

Winifred Okocha, 31 March 2016
Reserve movements hit FM Global profits

Commercial property specialist FM Global saw its profits shrink in 2015 after changes to prior-year loss provisions hit the bottom line

Charlie Thomas, 31 March 2016
UK regulators approve Flood Re

The UK's Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have approved state-backed flood reinsurer Flood Re

Winifred Okocha, 31 March 2016

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