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Aon follows Marsh with $500mn terrorism facility

Aon has rolled out a major new US and international terrorism facility that further erodes the premium pot of a fast-shrinking open market, The Insurance Insider understands.

Adam McNestrie, 07 July 2015
Ace-Chubb: history trumps dilution

Evan Greenberg has bet company, reputation and five years of shareholder value on the biggest ever M&A deal and integration exercise in P&C insurance.

Adam McNestrie, 07 July 2015
Exor improves PartnerRe offer

Exor has sweetened the terms of its bid for PartnerRe ahead of a meeting with the carrier's shareholders in New York today (7 July) after holding a series of "constructive" conversations with investors.

Himal Patel, 07 July 2015
Hiscox plans unchanged 2016 capacity for Syndicate 33

London-listed (re)insurer Hiscox has forecast that it will maintain its £1bn capacity level for its flagship Syndicate 33 for 2016.

07 July 2015
Colosso to leave Howden UK

Hyperion Insurance Group has announced that Howden UK CEO Adrian Colosso will retire from his role at the end of July.

Charlie Thomas, 07 July 2015
PartnerRe governance over Axis deal ‘abysmal’: Noonan

Validus CEO Ed Noonan has excoriated the PartnerRe board for the way that it has conducted itself through its agreed sale to Axis and the subsequent struggle with hostile acquirer Exor.

Adam McNestrie, 07 July 2015
Barbican Syndicate promotes Caldwell

Lloyd's carrier Barbican Insurance has promoted Andy Caldwell to deputy active underwriter of Syndicate 1955, effective immediately.

07 July 2015
Dual hires Watson as chief claims officer

Angus Watson will leave his role of head of claims at Arch Insurance (Europe) to join Hyperion's underwriting arm Dual as global chief claims officer on 1 September.

07 July 2015
RSA hires Towergate's Egan as CFO

UK broker consolidator Towergate's interim CEO Scott Egan will be leaving in Q4 to join RSA as group CFO.

07 July 2015
Greek insolvencies and supply disruption to hit trade credit

The ongoing standoff between Greece and its international creditors will result in a high level of business insolvencies and supply disruption risk, according to trade credit specialist Euler Hermes.

07 July 2015

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