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FBI pursues ex-QBE exec over $2.6mn fraud

The FBI has launched a case against a former-QBE executive who, it alleges, embezzled around $2.6mn from the Australian insurer.

Dan Ascher, 17 June 2015
Creasy to join Charles Taylor as chair

Kiln's former chairman and CEO Edward Creasy has been appointed as the new chairman of Charles Taylor, the company said in a statement this morning (17 June).

Dan Ascher, 17 June 2015
Greenberg to appeal over $50bn damages denial

Maurice "Hank" Greenberg has said he will appeal a judge's decision not to award him and other shareholders $50bn damages over American International Group (AIG)'s 2008 bailout.

Charlie Thomas, 17 June 2015
Goshawk syndicate drama nears end for R&Q

Randall & Quilter (R&Q) has revealed that arbitration over a disputed life settlement claim to do with Syndicate 102 - formerly known as Goshawk - has been successfully concluded.

Charlie Thomas, 17 June 2015
Political risk insurance capacity rises to $2.4bn

Global market capacity for a single political risk policy has risen to $2.4bn, nearly double the amount available six years ago, according to a report issued today (17 June) by Marsh.

Jenny Messenger, 17 June 2015
Industry on cusp of a renaissance: McGavick

The (re)insurance industry is on the precipice of a renaissance in terms of its relevance, XL Catlin CEO Mike McGavick told attendees at the Global Insurance Forum on 15 June.

Himal Patel, 17 June 2015
RenRe confirmed as largest FHCF reinsurer

RenaissanceRe has been confirmed as the largest single provider of cover on the reinsurance programme for the Florida Hurricane Catastrophe Fund (FHCF)

16 June 2015
Lost civilisations

Could rampant M&A consign the mid-tier London market broker to history? Charlie Thomas assesses the sector's likely legacy

Charlie Thomas, 16 June 2015
Duperreault warns of technology threat

The insurance industry will find itself in a "bleak scenario" if it fails to attract young talent to tackle the disruptive force of technology, according to Hamilton Insurance Group CEO Brian Duperreault.

Himal Patel, 16 June 2015
Exor debt not relevant to PartnerRe ratings: S&P

Standard & Poor's (S&P) has dismissed suggestions that Exor's holding company level ratings would affect those of its operating subsidiaries, according to a note from the Italian investment vehicle.

Adam McNestrie, 16 June 2015

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