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Irdai publishes Lloyd’s India regulations
Indian regulator the Insurance Regulatory and Development Authority (Irdai) has demanded that syndicates on the Lloyd's India platform must retain a minimum of 30 percent of Indian reinsurance business, or face a penalty
Catrin Shi
,
30 March 2016
Chubb appoints head of risk engineering for Asia Pacific
Chubb has appointed Darren Cant head of risk engineering for P&C in Asia Pacific, the global insurer announced last week (23 March)
Matthew Neill
,
30 March 2016
Former Axa head to lead Watford Specialty
Alexandre Scherer, former CEO and president of Axa Insurance Company, will lead the newly established Watford Specialty Insurance Company (WSIC)
Catrin Shi
,
30 March 2016
State Farm launches E&S homeowners’ insurer
US insurance giant State Farm has launched a new excess and surplus lines (E&S) carrier to write homeowners' insurance in selected markets on a non-admitted basis.
David Bull
,
30 March 2016
The Insider 30
Share price data on The Insurance Insider's universe of P&C (re)insurers
29 March 2016
Beazley non-exec O’Connor steps down
Padraic O'Connor has stepped down as non-executive director of Beazley with effect from 24 March.
David Bull
,
29 March 2016
Markets show volatility increase
Universal suffered the biggest share price fall among The Insider 30 last week after enjoying a price rally the week before, with the carrier down 8.6 percent to $17.32 per share on Thursday (24 March).
Iulia Ciutina
,
29 March 2016
Bermuda regulator to increase transparency
The Bermuda Monetary Authority (BMA) is set to name and shame firms that are subject to enforcement actions in the wake of regulatory scrutiny.
David Bull
,
29 March 2016
Starr and Travelers lose UK non-disclosure dispute
The UK High Court has forced Starr and Travelers to honour a combined £17.6mn ($25mn) energy claim, after allegations the insured failed to disclose vital information were thrown out.
Catrin Shi
,
29 March 2016
SII equivalence for Bermuda goes live
Bermuda's (re)insurance industry is now officially compliant with the European Union's Solvency II regulatory regime.
Winifred Okocha
,
29 March 2016
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