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XL Group CFO Porrino to retire

XL Group's chief financial officer Peter Porrino is set to retire as current group controller Stephen Robb prepares to take over, the Bermuda-based carrier announced today.

Dan Ascher, 23 February 2017
Perils raises Storm Desmond estimate

Loss compilation agency Perils has lifted its final property market insured loss estimate for UK storm Desmond to £604mn ($759mn).

Catrin Shi, 02 December 2016
New York cybersecurity rule deemed excessive by industry

Insurers have raised objections to proposed New York state cybersecurity regulations, claiming the planned rules are too onerous and inflexible.

Ted Bunker, 21 November 2016
Enstar strikes £957mn RSA legacy deal

Bermudian carrier Enstar has triumphed over competitors to strike a deal with RSA to reinsure a legacy UK employers' liability book with gross reserves of £957mn ($1.2bn).

Matthew Neill, 08 February 2017
RSA confirms £1bn legacy sell-off

RSA yesterday confirmed it is exploring the sale or reinsurance of approximately £1bn ($1.2bn) in legacy exposures, as previously reported by The Insurance Insider

Catrin Shi, 04 November 2016
UK deafness claims reach all-time high

The number of UK industrial deafness claims hit an all-time high in the first half of 2015, topping the previous peak of 50,000 claims back in H1 2013, according to the Institute and Faculty of Actuaries.

Dan Ascher, 24 August 2015
PRA probes deeper on general insurance stress tests

The UK Prudential Regulation Authority (PRA) has opted for depth in favour of breadth in the first general insurance stress tests since Solvency II capital requirements took effect.

Laura Board, 18 April 2017
Catalina has $1bn war chest for legacy deals

Legacy consolidator Catalina has just under $1bn at its disposal for future run-off acquisitions, CEO Chris Fagan told The Insurance Insider.

Catrin Shi, 20 September 2016
Schroders CFO joins Lloyd's Franchise Board

Richard Keers has been appointed as a new non-executive member of the Lloyd's Franchise Board and chair of the Lloyd's Audit Committee, the Corporation announced on Friday (5 February)

Winifred Okocha, 08 February 2016
IAG appoints deputy CFO

Dan Coman has been unveiled today (8 December) as the new deputy chief financial officer at Insurance Australia Group (IAG)

Charlie Thomas, 08 December 2015

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