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Underwriters secure Sandy victory against Amtrak

(Re)insurers have won a significant victory against US rail operator Amtrak in the latest round of their long-running dispute over payments arising from Superstorm Sandy.

Marcus Alcock, 29 June 2015
Integro adds to annualised revenues with Clearview deal

Integro has continued on the acquisition trail with a deal to buy private equity sector health benefits consultant Clearview Group on undisclosed terms

David Bull, 29 June 2015
US Re-Cooper Gay talks break down

Talks over a potential deal for Cooper Gay Swett & Crawford to buy a portion of independent reinsurance broker US Re's business have broken down, The Insurance Insider has learned.

Adam McNestrie, 29 June 2015
Cat softening continues to slow at 1 July

The easing of downward rating pressure seen at 1 June in the property catastrophe reinsurance market was again in evidence at 1 July, The Insurance Insider understands.

Adam McNestrie, 29 June 2015
Put up and shut up

Had enough of the propaganda war swirling around the Axis-Partner-Exor tussle? Me too.

Mark Geoghegan, 29 June 2015
Suncorp leverages renewal to secure claim payout

Suncorp has riled much of the reinsurance market by using the renewal of its A$6.65bn ($5.13bn) catastrophe treaty to coerce carriers into paying a significant claim not covered by its policy terms, The Insurance Insider has learned.

Adam McNestrie, 29 June 2015
Exor tries to quell deal certainty concerns

Exor has issued a further missive to shareholders ahead of the crucial vote on the Axis-PartnerRe deal, pledging a binding guarantee on all contractual commitments in its merger offer

Charlie Thomas, 29 June 2015
Hearn leaves Willis to become Cooper Gay CEO

Willis group deputy CEO and Willis Global chief executive Steve Hearn has left the company to join Cooper Gay Swett & Crawford, the private equity-owned broker has said.

Adam McNestrie, 29 June 2015
Dual expands with Polish insurer acquisition

Hyperion's underwriting arm Dual has expanded into Central and Eastern Europe (CEE) as Dual Polska by acquiring a majority stake in Polish insurer Data Connect Direct, the firm said today (29 June)

Jenny Messenger, 29 June 2015
Quindell faces SFO probe: reports

Troubled UK insurance services provider Quindell is reportedly facing a Serious Fraud Office (SFO) investigation in addition to the one announced last week by the Financial Conduct Authority (FCA)

Charlie Thomas, 29 June 2015

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