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  • Guy Carp goes digital; The Sage of Oz; GIC shaken by quake; Brit expands LatAm; Markel Re-structure; RMS hires Yau; Gras Savoye offer; Villers leaves Aspen; Charman hints; Willsmer joins Cunningham Lindsey; NSW storms hit A$244mn; Rieß becomes Ergo chair; Gibraltar debuts ILS; Nexus appoints Rouse; QBE promotes O'Farrell; XL-Catlin May Day; Fairfield's Exin adventure; Skuld hires Aon exec in Singapore; Chilean stake for AJG; Hester salary questioned; Fitch withdraws RIC rating; Drones for crop los
  • Mexican state oil company Pemex has told its insurers that the ground-up loss from a recent explosion at one of its complexes is likely to cost $670mn-$780mn, The Insurance Insider can reveal.
  • Lloyd's has unveiled a five-year plan that aims to spearhead London market modernisation, eliminate inefficiencies and introduce shared central services, The Insurance Insider can reveal.
  • In our reporting of this late-stage global soft cycle we have understandably tended to focus on the big carriers and the headline-grabbing strategic choices they are currently being forced to make, but what of the brokers?
  • Canadian firm Ontario Teachers' Pension Plan is faced with a dilemma about the future of ANV following the departure of founding CEO Matt Fairfield, as it weighs interest from would-be acquirers against the value it might create by continuing with a version of the strategy that informed its original investment.
  • Indian state-backed reinsurer GIC Re is set to absorb a significant proportion of insured losses arising from the deadly 7.8-magnitude earthquake that struck Nepal on Saturday (25 April).
  • The CEO of Allianz Deutschland, Markus Rieß, is expected to take up the role of chairman at Munich Re's primary insurance arm, the reinsurer announced in a statement today (27 April).
  • Berkshire Hathaway Specialty Insurance (BHSI) has received an insurance license to provide all general lines of business in Australia.
  • Brit has expanded its Miami-based Latin America team with the hire of Guillermo Eslava from Swiss Re.
  • Markel has unveiled a new management structure at its global reinsurance division under its president and CUO Jed Rhoads.