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Perils increases Mike-Niklas loss estimate

Industry loss aggregator Perils has published its second loss estimate for windstorm Mike-Niklas, increasing its forecast from EUR853mn to EUR895mn.

Charlie Thomas, 29 June 2015
First M&A underwriter joins Marketform

Astrid O'Reilly has joined Lloyd's managing agency Marketform as its first M&A insurance underwriter, the firm said today (26 June)

Jenny Messenger, 26 June 2015
Towergate records £804mn loss for 2014

The annual report for Towergate's bondholders published today (26 June) revealed that the broker consolidator made a loss of £803.5mn in 2014

Charlie Thomas, 26 June 2015
Beazley boosts crime and fidelity bond team

Beazley has added Michael Kontonotas to its crime and fidelity bond underwriting team, the listed Lloyd's carrier announced yesterday (25 June)

Winifred Okocha, 26 June 2015
Hedge fund reinsurers targeted by Senate bill

Senator Ron Wyden has introduced a bill aimed at preventing offshore tax avoidance by some US hedge fund reinsurers

Jenny Messenger, 26 June 2015
IAG appoints deputy chairman

IAG has appointed Elizabeth Bryan as deputy chairman, the Australian insurer announced today (26 June)

Winifred Okocha, 26 June 2015
Towergate earnings fall 47% in Q1

Recently restructured UK broker Towergate published another set of distressed company figures this morning (26 June), as the effects of its troubled past continued to be felt

Charlie Thomas, 26 June 2015
Liberty cuts 270 jobs in Ireland

Liberty Insurance plans to make 270 people from its Irish offices redundant, the company said today (25 June)

Charlie Thomas, 25 June 2015
More than 500 investors interested in Quindell lawsuit

A potential group action against insurance services provider Quindell has now attracted more than 500 enquiries from disgruntled investors, claimant law firm Your Legal Friend has said

Himal Patel, 25 June 2015
Gallagher vs Ross trial postponed until February 2016

The High Court trial brought by AJ Gallagher against its former International CEO David Ross has been postponed until 1 February, 2016.

Charlie Thomas, 25 June 2015

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