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Beale defends broker payment structure
Lloyd's CEO Inga Beale has defended the broker remuneration model after it came under fire during a panel discussion at the annual Airmic conference today (16 June).
Dan Ascher
,
16 June 2015
Communication breakdown
An increasingly bitter battle between AJ Gallagher (AJG) and its former international CEO David Ross looks set to be played out in court this summer
16 June 2015
Keeping up with the Joneses
An internal hedge fund reinsurance vehicle is being considered by Bermudian carrier Aspen, making it the second firm to do so after US giant Ace
16 June 2015
Levelling off
Brokers at the US property cat reinsurance renewals have indicated a flattening of rates may be in sight for the first time in more than a decade
16 June 2015
War of words
The ongoing battle for PartnerRe between Italian investment house Exor and Bermudian insurer Axis has become increasingly bitter in the run-up to the shareholder vote on 24 July
16 June 2015
Under a cloud
The insurance sector is not at ease with itself. Everywhere I look I see people in the market questioning the sustainability of their models, agonising about their futures, wrestling with existential angst
Adam McNestrie
,
16 June 2015
Interim New York DFS superintendent named
Anthony Albanese has been named interim superintendent of the New York Department of Financial Services (DFS), after Benjamin Lawsky announced he was stepping down on 20 May
Jenny Messenger
,
16 June 2015
IAG to slash its open market reinsurance spend
IAG expects to reduce its open market reinsurance spend by 20 percent to accommodate its new strategic partnership with Berkshire Hathaway, according to CFO Nick Hawkins
Adam McNestrie
,
16 June 2015
Global food shock could lead to multiple claims
Lloyd's has warned insurers that a shock to the global food system could generate losses that span multiple years.
Winifred Okocha
,
16 June 2015
Barbican underwriter to chair LMA cyber panel
Geoff White, underwriting manager for cyber, technology and media at Lloyd's (re)insurer Barbican Insurance Group, has been elected chairman of the Lloyd's Market Association (LMA)'s cyber business panel
Jenny Messenger
,
16 June 2015
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