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Fosun no longer in running for RSA Middle East

Talks between expansive Chinese conglomerate Fosun and RSA over the sale of the latter's Middle Eastern operations have ended, The Insurance Insider can reveal.

Adam McNestrie, 18 January 2016
The tomb of the unknown aviation underwriter

Despite popular conception, apparently there is no definitive evidence that the famous 20th century economist John Maynard Keynes was the first to say: "The market can stay irrational for longer than you can stay solvent."

Mark Geoghegan, 18 January 2016
BTG Pactual’s Ariel stake available

Lloyd's carrier Ariel could see a fourth change in its ownership inside five years as its 50 percent stakeholder BTG Pactual wrestles with financial difficulties following corruption allegations.

Adam McNestrie, 18 January 2016
Biba partners with UK government cyber scheme

UK trade body the British Insurance Brokers' Association (Biba) has partnered with a UK government data sharing scheme to help its members reduce the risk of cyber crime and boost awareness of the benefits of cyber insurance.

Catrin Shi, 18 January 2016
Aviation loss-making as rates fall 25%: JLT

Combined hull and liability rates fell by 25 percent in the key December 2015 renewals to push the airline insurance market into overall loss-making territory for a second consecutive year, according to JLT

Charlie Thomas, 18 January 2016
Advent hires McArthur as CEO

London-based insurance services provider Advent Insurance Management has appointed Jerry McArthur as chief executive.

Charlie Thomas, 18 January 2016
Novae enters A&H with Marketform hires

Novae has launched an accident and health (A&H) team with the hire of class underwriter Paul Newson and his team from Marketform, the Lloyd's carrier announced today (18 January)

Catrin Shi, 18 January 2016
MacDonald joins ArgoGlobal from Zurich

Ross MacDonald has been announced as the new deputy general liability class underwriter for Lloyd's insurer ArgoGlobal.

Charlie Thomas, 18 January 2016
IUA: Insureds receiving ‘patchy’ cyber cover

Traditional lines of business are not providing cover for cyber losses where insureds might expect protection, according to the International Underwriting Association

Winifred Okocha, 18 January 2016
Armour invests in Cobalt Insurance

Bermuda-based legacy specialist Armour Group has made a strategic investment in Shariah-compliant (re)insurance provider Cobalt Insurance Holdings, it was announced today (18 January)

Catrin Shi, 18 January 2016

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