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Offshore market hit by BigFoot misstep

Chevron is understood to be claiming around $375mn from its insurers after the sinking earlier this month of most of the tethering lines that secure its BigFoot oil platform to the sea bed.

Charlie Thomas, 15 June 2015
Fairfax calls vote to retain Watsa’s control

Fairfax Financial has called a shareholder vote to preserve the power of 41.8 percent of its multiple voting shares currently controlled by chairman and CEO Prem Watsa

Jenny Messenger, 15 June 2015
Pool Re’s loss mitigation credit initiative begins

The UK government's Crowded Places programme, which offers companies the chance to apply for a loss mitigation credit (LMC) on their Pool Re rates, begins from today (15 June)

Charlie Thomas, 15 June 2015
Novae reshuffles casualty division

London-listed Lloyd's carrier Novae has promoted Ross Louden to the role of deputy divisional head of casualty, and named Terry Allen head of professional indemnity, the firm said today (12 June).

Jenny Messenger, 12 June 2015
Cousins joins AJG's binding authority & facility division

Paul Cousins, the former global head of strategy and business development at Aon Benfield Facultative, will become AJ Gallagher's managing director of specialty within its binding authority & facility division, The Insurance Insider can reveal.

Charlie Thomas, 12 June 2015
Market cycle could become asymmetric: Sapnar

The presence of alternative capital in reinsurance could lessen post-event pricing peaks, without doing anything to smooth out the troughs of the market cycle, according to Transatlantic Re CEO Mike Sapnar.

Himal Patel, 11 June 2015
Hardy loses specialty head

Lloyd's carrier Hardy has lost the leader of its specialty team, Adrian Daws, as its issues with staff retention following its acquisition by US insurer CNA continue, The Insurance Insider has learned.

Dan Ascher, 11 June 2015
Qatar Financial Centre appoints new CEO

The Qatar Financial Centre Authority (QFC) has unveiled Yousuf Al-Jaida as its new chief executive officer, the state's regulator announced on Tuesday (9 June).

Dan Ascher, 11 June 2015
Aegis London promotes Croom-Johnson after Davies departure

Lloyd's managing agent Aegis London has named David Croom-Johnson as its new managing director.

Mark Geoghegan, 11 June 2015
Ekstrom joins StartPoint

London-based directors' and officers' (D&O) managing underwriter StartPoint has hired Anna Ekstrom as vice president, D&O underwriting manager

Charlie Thomas, 11 June 2015

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