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Willis buoyed by entry to S&P 500

Willis is set to join the Standard & Poor's 500 stock index following its merger with consultancy Towers Watson.

Adam McNestrie, 29 December 2015
KPMG predicts UK flood losses of up to £1.5bn

Big four accountancy firm KPMG has predicted insured losses of £1bn-£1.5bn ($1.5bn-$2.2bn) from storms Desmond and Eva.

Adam McNestrie, 29 December 2015
R&Q assumes liabilities of Cayman captive

Legacy-to-live carrier Randall & Quilter has assumed the liabilities of a Cayman-based captive, the group announced in a statement released today (24 December).

Dan Ascher, 24 December 2015
Philippines $500mn cat credit facility approved

The World Bank has approved a $500mn contingent line of credit for the Philippines that could be drawn down in the event of a natural disaster, the organisation announced

Fiona Robertson, 23 December 2015
Axa quadruples Tianjin BMW reserve

BMW's insurers are facing losses of EUR103mn ($115mn) from the Tianjin port explosions, four times higher than the initial October estimate, according to documents seen by The Insurance Insider.

Charlie Thomas, 23 December 2015
CSC buys another 10% of Xchanging shares

Computer Sciences Corporation (CSC) has taken another step towards winning the race for Xchanging this morning (23 December) by buying another 9.9 percent of the UK outsourcing firm's shares

Charlie Thomas, 23 December 2015
Scor appoints new US and Canada leaders

Scor has promoted a number of senior staff in its US and Canada operations as its former managing director for the North American hub stepped back to a non-executive role, the French reinsurer announced today (22 December)

Catrin Shi, 22 December 2015
Baeza appointed chairman of Mapfre Asistencia

Mapfre's service insurance subsidiary Mapfre Asistencia has appointed Ignacio Baeza as chairman of the board and its management committee

Dan Ascher, 22 December 2015
Willis: P&I renewals unlikely to reach expectations

Protection and indemnity (P&I) clubs are unlikely to achieve the average 2 percent premium increases they expect at the 2016 renewals, according to Willis

Catrin Shi, 22 December 2015
Ace’s Schmidt to head up Chubb Boston region

Mitchell Schmidt is set to head up Chubb's operations in the Boston region once the US carrier is acquired by Ace

Dan Ascher, 22 December 2015

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