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IPO guidance values China Re at up to 1.3x book
Shares in China Re are being priced at HK$2.25 to HK$2.75 ($0.29 to $0.35) a share, valuing China's largest reinsurance group at up to 1.3x price to book
Charlie Thomas
,
09 October 2015
Lloyd’s capacity auctions see lowest ever volume
Just £8.3mn ($12.7mn) of capacity has been traded in the second Lloyd's capacity auction of 2015, the lowest figure since auctions began 20 years ago, according to analysis from members' agent Argenta.
Catrin Shi
,
08 October 2015
AJ Gallagher duo join GRP
UK broker consolidator Global Risk Partners (GRP) has appointed Simon Lewer as chief operating officer of its managing general agency (MGA) division and electronic trading director of its household MGA Plum Underwriting.
Charlie Thomas
,
08 October 2015
California wildfire insured loss over $1.1bn: Impact Forecasting
Insured losses from extensive wildfires in California have surpassed $1.1bn, according to an Impact Forecasting report published today (8 October) by Aon Benfield.
Catrin Shi
,
08 October 2015
Catalina buys Allianz Swiss run-off unit
Bermudian run-off acquirer Catalina has entered a definitive agreement to buy Allianz's Swiss run-off subsidiary Allianz Suisse Re, it announced today (8 October).
Catrin Shi
,
08 October 2015
Axis to close Australian retail in bid to boost profits
Axis Capital is to wind down its Australian retail operations and make around 100 job cuts as part of a group-wide review, the specialty carrier announced today (7 October)
Catrin Shi
,
07 October 2015
GRP raids Bluefin again as Thornton joins
David Margrett's UK-based broker consolidator vehicle Global Risk Partners (GRP) has hired Neil Thornton as managing director for its retail broking business, the firm announced today (7 October)
Charlie Thomas
,
07 October 2015
Pool Re to host global terror reinsurance congress
Leaders of national terrorism (re)insurance pools from around the world are to gather at the Royal Institution in London from 28 to 30 October for the inaugural global terror reinsurance congress.
Charlie Thomas
,
07 October 2015
Lockton appoints new Mena retail head
Independent global broker Lockton has appointed Alan Corney as retail CEO for the Middle East and North Africa (Mena) region.
Charlie Thomas
,
07 October 2015
Validus Re appoints LatAm head of treaty
Validus Re has appointed Jorge Beltran as executive vice president and head of treaty of Latin American unit Validus Reaseguros, it announced today (7 October)
Catrin Shi
,
07 October 2015
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