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March brings stock recovery for some

James River's stock price started along the road to recovery last week after it lost ground following its results release in late February, recording a 7.45 percent increase to reach $31.30 per share.

Iulia Ciutina, 07 March 2016
Elements of the SIMR delayed

A number of rules that had been slated to take effect as part of the UK's Senior Insurance Managers Regime (SIMR) have been delayed until later this year.

Winifred Okocha, 07 March 2016
Lloyd’s index could boost London ILS prospects: Newman

Plans for Lloyd's to launch an insurance index in mid-2016 could work in tandem with the push to attract more insurance-linked securities (ILS) business to London, according to International Underwriting Association chairman Malcolm Newman.

Winifred Okocha, 07 March 2016
Trust Risk wins EUR8.7mn commissions from Italian court

Italian broker Trust Risk Group has been awarded EUR8.7mn in commissions by an Italian court in the firm's ongoing legal dispute with AmTrust.

Catrin Shi, 07 March 2016
Ship owner too ill to travel in Brillante Virtuoso case

A Greek ship owner who is the subject of an $85mn fraud case has claimed he is too ill to travel to give evidence at an upcoming UK court hearing as part of a long-running legal battle.

Catrin Shi, 07 March 2016
Aon accuses Alliant of breaching injunction in staff raid

Aon has accused Alliant of breaching a restraining order imposed after the Californian broker "decimated" the San José office of its global rival.

Dan Ascher, 07 March 2016
Mars January recall not covered by company programme

The product recall market looks set to escape a potentially significant exposure to US confectionery giant Mars after an international recall of chocolate bars was announced last month, Inside FAC understands.

Marcus Alcock, 07 March 2016
Power market faces double hit from Colombian plants

The power and utilities (re)insurance markets are bracing themselves following two major incidents at Colombian power plants that are threatening the country's supply of electricity, sister publication Inside FAC revealed on 7 March.

Marcus Alcock, 07 March 2016
Lloyd’s combined ratio increases in 2015

Despite a benign catastrophe environment, heavy rate pressure meant the performance of The Insurance Insider's Lloyd's composite deteriorated in 2015 compared to the previous year.

Iulia Ciutina, 07 March 2016
UK flood losses surpass £1bn

Total declared insured losses from the UK floods last December are set to pass the £1bn ($1.4bn) mark as the Q4 and full-year results season continues apace.

Matthew Neill, 07 March 2016

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