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Validus CEO speaks out against London broker facilities
London broker facilities are inconsistent with prudent underwriting and "a way for brokers to offload their expense problem onto underwriters," Validus chairman and CEO Ed Noonan has claimed.
Catrin Shi
,
02 February 2016
Mitsui completes Amlin takeover
Mitsui Sumitomo Insurance completed its acquisition of insurer Amlin today (1 February)
Fiona Robertson
,
01 February 2016
Chubb announces UK and Ireland distribution appointments
Global insurer Chubb has announced a number of new appointments for its UK and Ireland division, after its merger with Ace completed on 15 January
Matthew Neill
,
01 February 2016
Canopius rebrands as Sompo Canopius
Canopius has been rebranded as Sompo Canopius two years after the Lloyd's carrier was acquired by Japanese big three member Sompo
Catrin Shi
,
01 February 2016
Amlin to rebrand as sale closes
Lloyd's blue chip Amlin will rebrand as MS Amlin when its £3.5bn ($5bn) sale to Japanese big three insurance group Mitsui Sumitomo closes on Monday (1 February), The Insurance Insider can reveal
Adam McNestrie
,
29 January 2016
RSA completes sale of Russian operations
RSA has exited the Russian market after completing the sale of its 75 percent holding in Intouch Insurance, it announced today (29 February).
Charlie Thomas
,
29 January 2016
Marsh global claims head rejoins Cunningham Lindsey
Marsh global claims practice leader David Pigot will rejoin Cunningham Lindsey as CEO for the loss adjuster's UK, international and major and complex loss operations
Catrin Shi
,
29 January 2016
White Mountains legacy unit comes under Sirius brand
White Mountains has rebranded its legacy unit following the proposed acquisition of Sirius by China Minsheng Investment
Catrin Shi
,
29 January 2016
Marketform builds financial lines team
Marketform, the Lloyd's platform of American Financial Group, has expanded its financial lines team with the hire of underwriter Roberto Murru
Catrin Shi
,
29 January 2016
M&A activity to continue in 2016: Fitch
Ratings agency Fitch has predicted that (re)insurance M&A activity will continue in 2016, but warned that it could fuel complacency in some corners of the market.
Matthew Neill
,
29 January 2016
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