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BHSI expands into New Zealand

Berkshire Hathaway Specialty Insurance (BHSI) has received a licence to write P&C business in New Zealand, the firm said yesterday (29 June)

Jenny Messenger, 30 June 2015
Willis-Towers deal a 50:50 transaction: Casserley

The $18bn transaction between Willis and Towers Watson is a genuine merger of equals, according to Willis group CEO Dominic Casserley

Adam McNestrie, 30 June 2015
Willis and Towers Watson agree $18bn merger

Global broker Willis Group Holdings and consultancy Towers Watson are to combine in an all-stock merger transaction to form a new entity called Willis Towers Watson, the companies said today (30 June).

Mark Geoghegan, 30 June 2015
The Insider 30

Share price data on The Insurance Insider's universe of P&C (re)insurers

Himal Patel, 29 June 2015
Continental European stocks rise

The Insider 30 index made a modest 0.58 percent gain last week, underperforming the FTSE 100 and Euro Stoxx 600, but beating the S&P 500.

Himal Patel, 29 June 2015
Wyden introduces bill to target hedge fund reinsurers

Senator Ron Wyden last week (25 June) introduced a bill designed to close a "tax loophole" used by some US hedge fund reinsurers.

Jenny Messenger, 29 June 2015
Fema sets September deadline for Sandy claims

The US Federal Emergency Management Agency (Fema) will continue to review claims from Superstorm Sandy until 15 September this year, the organisation said last week (25 June).

Jenny Messenger, 29 June 2015
PE broker appetite continues with Stone Point-Alliant investment

Stone Point's significant buy-in to Alliant Insurance Services, announced on 23 June, has again illustrated private equity's enduring interest in US broking.

Himal Patel, 29 June 2015
McGovern warns of need for level SII playing field

The UK insurance sector must be vigilant and ensure that Solvency II implementation is not "overzealous" compared to other EU member states, according to chief risk officer and general counsel at Lloyd's Sean McGovern.

Jenny Messenger, 29 June 2015
Deutsche Bank’s Lee to join Aspen Capital Markets

Aspen Re has recruited Deutsche Bank executive James Lee to work in its $185mn capital markets unit, sister title Trading Risk reported last week.

Winifred Okocha, 29 June 2015

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