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Harmer to succeed Wilkins as IAG CEO
Insurance Group Australia (IAG) has announced today (7 October) that Peter Harmer will succeed managing director and CEO Mike Wilkins.
Charlie Thomas
,
07 October 2015
Programme and fronting start-up Spinnaker gets A- rating
Dave Ingrey's programme start-up Spinnaker Insurance Company has secured its A- rating from AM Best, opening the way for a formal launch.
David Bull
,
07 October 2015
$31mn hull claim expected from El Faro loss
Allianz, XL Catlin, RSA and QBE are among the marine insurers facing shares of a $31mn hull loss from the believed sunken El Faro cargo ship, market sources have told The Insurance Insider
06 October 2015
News digest
QBE appoints Grote; US commercial rates down 1%; Berkley Re UK starts fac unit; Arch Re US hires CUO; Suncorp hires Herman; Riordan follows Kerner out of Zurich; Markel gains Hope; Compre reshuffle
06 October 2015
Severe weather losses to hit Q4
Only six days into the fourth quarter of the year, a number of weather events have occurred that could threaten insurers with below-threshold cat losses.
Winifred Okocha
,
06 October 2015
Secret CEO
The fictional adventures of an industry titan
06 October 2015
Time to rethink high yield?
Relatively unnoticed, there has been a quiet revolution in insurers' attitudes to fixed income investments over the past few years.
Charlie Thomas
,
06 October 2015
$85mn fraud trial postponed until 2017
The trial in a long-trailed $85mn fraud case over the loss of the Brillante Virtuoso in 2011 - which has been linked to the murder of a British loss adjuster - has been postponed
Dan Ascher
,
06 October 2015
Demand soars for Lloyd’s capacity at first 2015 auction
The first auction for 2015 capacity on Names-backed syndicates at Lloyd's has seen the biggest price jump in five years, with average prices climbing almost 10p on the previous year to 36.7p per £1 of capacity.
Catrin Shi
,
06 October 2015
UK regulator to cut Solvency II red tape
The Prudential Regulation Authority (PRA) will work with Lloyd's to streamline some of the administration around Solvency II, the market's chairman revealed at a gala dinner late last month
Winifred Okocha
,
06 October 2015
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