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Specialty business boosts Beazley top line by 6%

A 19 percent year-on-year increase in specialty gross written premium (GWP) boosted Beazley's top-line growth to 6 percent overall for the nine months to 30 September, the Lloyd's carrier reported today (12 November)

12 November 2015
Minister signs regulation to enact Flood Re

UK floods minister Rory Stewart has signed the regulations enacting the foundation of state-backed flood reinsurer Flood Re, following parliamentary approval

Winifred Okocha, 11 November 2015
Aspen raids LIU for McElroy to head environmental

Aspen has made a second senior hire from Liberty International Underwriters (LIU) in little over a week with the addition of Bill McElroy as global head of environmental in its insurance operations

11 November 2015
LMA committee will examine CRO requirements

The Lloyd's Market Association (LMA) has established a new committee of chief risk officers (CROs) to encourage efficient operation and technical standards in risk management for Lloyd's managing agents

Winifred Okocha, 11 November 2015
Bolt: cyber exposure monitoring not a capital-loading exercise

Lloyd's latest push for syndicates to measure their cyber risk exposures is "not a capital-loading exercise", director of performance management Tom Bolt has told The Insurance Insider

Catrin Shi, 11 November 2015
Gibraltar unveils SPV protected cell company rules

The government of Gibraltar has announced the introduction of protected cell legislation to target the insurance-linked securities (ILS) reinsurance market

Fiona Robertson, 11 November 2015
Endurance hires Quinn to head North American fac drive

Endurance has hired Timothy Quinn from Berkley Re America to become head of North American facultative reinsurance as it looks to expand into the sector

Catrin Shi, 11 November 2015
Arch promotes Grandisson to COO

Arch Capital Group has appointed Marc Grandisson to the position of president and chief operating officer, effective 1 January, the company announced today (11 November)

Winifred Okocha, 11 November 2015
AmTrust announces $383mn capital raise

AmTrust announced a capital raise of 5 million common shares after markets closed in New York yesterday (10 November)

Catrin Shi, 11 November 2015
Aon to offer Lloyd’s direct access to retail network

Global broker Aon is set to enable Lloyd's syndicates to connect directly to its retail network all over the world, in a move that will give participants the ability to access a material portion of its almost $80bn premium global insurance book, The Insurance Insider revealed earlier today

11 November 2015

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