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TigerRisk revenues climb beyond $70mn
Independent reinsurance broker TigerRisk has grown its annual revenue to more than $70mn as it continues to build out its platform and client base, The Insurance Insider has learned.
David Bull
,
11 May 2015
Guy Carp leadership changes signal integrated MMC strategy
Peter Zaffino's elevation to oversee Marsh and Guy Carpenter is being interpreted as an attempt by Marsh & McLennan Companies (MMC) to introduce a more joined-up approach to its risk and insurance services division.
David Bull
,
11 May 2015
RenRe and Swiss Re dominate FHCF placement
RenaissanceRe and Swiss Re are in line to write more than half of the Florida Hurricane Catastrophe Fund (FHCF)'s $1bn maiden cat reinsurance placement, The Insurance Insider can reveal.
David Bull
,
11 May 2015
Marsh: Cyber bucks rate decline trend
US cyber insurance was one of the few lines to record a rate increase in the first quarter of 2015, according to global broker Marsh.
Charlie Thomas
,
11 May 2015
Allstate secures low rates with 7-year cat layers
Allstate has locked in a $439mn portion of its giant nationwide cat programme after purchasing a seven-year deal in the traditional reinsurance markets, further extending its existing multi-year strategy on its core placement.
David Bull
,
11 May 2015
Mapfre unveils devolved global strategy
Mapfre Global Risks is looking to empower local branch offices as it transitions from being an insurer largely serving Iberoamerican-controlled business to a truly global carrier with a multinational client base.
Mark Geoghegan
,
11 May 2015
News digest
Foo heads to Swiss Re; CCR downgraded; Guenther launches advisory; Ascot hires; Capsicum Re hires; Brit lures Courchaine; Noul hits Philippines; Lockton raids THB; Third Point Re growth; Navigators GWP shrinks; AmTrust buys warranty firm; Integro buys energy specialist; Beazley's specialty push; Markel profits surge; Everest Re hires CUO; JLT Re recruits; Meadowbrook profits fall; RenaissanceRe beats; Ross row intensifies; Liiba CEO announced
Charlie Thomas
,
11 May 2015
Montpelier Re had only one binding bid
Montpelier Re, the Bermudian cat specialist that has agreed to be acquired by Endurance for $1.83bn, did not receive any other binding, fully financed bids at the end of its four-month sales process.
Adam McNestrie
,
11 May 2015
AmTrust hires Swiss Re underwriter for marine launch
AmTrust is to launch a London marine business after hiring Swiss Re Corporate Solutions' head of London marine, Peter Townsend.
Adam McNestrie
,
11 May 2015
The only truth that matters
Sometimes we Insiders get too close to the action to see the bigger picture.
Mark Geoghegan
,
11 May 2015
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