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Postcard from Qatar

As reinsurance professionals gathered in Doha for the Multaqa Qatar conference last week ahead of the April renewals in Asia and the Middle East, underwriters spoke in bearish terms about the prospects for profitable underwriting.

Charlie Thomas, 21 March 2016
Address hotel loss nears $200mn amid aggregation fears

The Address Downtown Hotel complex that caught fire during New Year’s Eve in Dubai last year is heading towards a $200mn insured loss, according to market sources.

Charlie Thomas, 21 March 2016
JLT wins $25bn Hainan aviation account

Global broker JLT has won the major aviation account of Chinese airline company Hainan from Aon, The Insurance Insider can reveal.

Adam McNestrie, 21 March 2016
Pressure on AIG CEO Hancock continues to mount

Despite the co-option of activist investors to the board and the announcement of a broad remediation plan for the business, the perception at the top levels of the insurance industry remains that Peter Hancock will do well to see out the year as CEO of American International Group (AIG).

Adam McNestrie, 21 March 2016
Aviation chief Whiter leaving Aspen

David Whiter, Aspen's chairman of international marine, energy and aviation, is leaving the company, The Insurance Insider has learned.

Adam McNestrie, 21 March 2016
Mitsui Lloyd’s aviation head leaves MS Amlin

Noel Holloway, former head of aviation for Mitsui Sumitomo (MSI)'s Lloyd's insurance arm, has left MS Amlin, The Insurance Insider can reveal.

Adam McNestrie, 21 March 2016
Catlin aerospace chief leaves XL Catlin

Mike Hansen, former aerospace global product leader at Catlin, has resigned from XL Catlin, The Insurance Insider can reveal.

Adam McNestrie, 21 March 2016
Chubb and other aviation insurers brace for $49mn FlyDubai loss

Chubb leads the Emirates programme that will be hit by a $49mn hull claim following the loss of a FlyDubai flight in the southern Russian city of Rostov-on-Don over the weekend, The Insurance Insider has learned.

Adam McNestrie, 21 March 2016
ANV secures SII green light

ANV Syndicates has received green light status from Lloyd's, indicating that the Corporation now considers the carrier to be compliant with Solvency II, The Insurance Insider can reveal.

Winifred Okocha, 21 March 2016
Premium uptick for airline accounts elicits hope

International Airlines Group (IAG) and Qatar Airways are set to pay premium increases on their insurance programmes at 1 April, in a development that has left the market divided on the trajectory that rates will take in 2016.

Adam McNestrie, 21 March 2016

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