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Validus reveals $63.9mn loss estimates from Tianjin and Chile
Bermudian short-tail specialist Validus has published its first loss estimates from the 12 August port explosion in Tianjin and the 8.3 magnitude earthquake that struck off the coast of Chile on 16 September
Charlie Thomas
,
06 October 2015
MarketScout: Commercial rates down 1% in September
The US commercial insurance market officially became soft again in September with a composite rate change of minus 1 percent, according to MarketScout
Charlie Thomas
,
06 October 2015
Berkley Re UK launches Galea-led global property fac unit
Berkley Re UK has hired Alex Galea from XL Catlin and launched a new global property fac unit
David Bull
,
06 October 2015
Arch Re US hires Livingston as CUO
Arch has hired former Alterra executive Joel Livingston as chief underwriting officer of its US reinsurance platform, The Insurance Insider can reveal.
David Bull
,
06 October 2015
Fears of losses in France after flooding
Powerful storms and severe flooding in the south of France over the weekend have prompted concerns about insured losses
Charlie Thomas
,
05 October 2015
Markel hires Argo talent to head management liability team
Specialty insurer Markel International has hired Argo Global's Antony Hope as senior underwriter and head of management liability, it announced today (5 October)
Catrin Shi
,
05 October 2015
Apollo and Capita compete to take over Xchanging
London-listed outsourcing and insurance services firm Xchanging has received acquisition approaches from rival firm Capita and private equity house Apollo, it informed the stock exchange this morning (5 October).
Charlie Thomas
,
05 October 2015
JLT: market expecting $2bn-$3bn Tianjin loss
International broker JLT has reported that insured losses from a series of explosions the Chinese port of Tianjin in August are likely to amount to $2bn-$3bn, but that some in the market are speculating the final bill could be as high as $6bn
Charlie Thomas
,
02 October 2015
Cullen promoted to CEO of Aon Risk Solutions EMEA
John Cullen will replace Rob Brown as CEO of Aon Risk Solutions (ARS) EMEA from 5 October, The Insurance Insider can reveal
Charlie Thomas
,
02 October 2015
MS&AD facing $386mn Asian storm bill
Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance are jointly facing a 46.4bn yen ($386mn) hit from a trio of storms that struck Asia in recent months
Dan Ascher
,
02 October 2015
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