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Villers to leave as Aspen unveils in-line profits

Aspen's insurance chairman Rupert Villers is stepping down from the Bermudian at the end of October.

David Bull, 23 April 2015
Reinsurance rates fall only partly structural: Towers Watson

Towers Watson believes that falling reinsurance rates only partly reflect structural changes in the market as it said there was some evidence that premiums were stabilising.

Himal Patel, 23 April 2015
Allied World continues top line insurance growth

Allied World continued to benefit from its expanding platform as it reported solid top line growth in its insurance business in the first quarter despite foreign exchange headwinds.

David Bull, 23 April 2015
Centralised reinsurance buying not bad for reinsurers: Ahmed

The trend towards centralisation of reinsurance buying among so-called "super-cedants" is not necessarily bad news for reinsurers, Allianz Re CEO Amer Ahmed said at an Insurance Institute of London Lloyd's lecture today (22 April).

Himal Patel, 22 April 2015
Nexus appoints Stuart Rouse as COO/CFO

London market managing general agency (MGA) Nexus Underwriting Management has appointed Stuart Rouse as chief operating officer and chief financial officer.

22 April 2015
US commercial P&C rates slide 2.3% in Q1: CIAB

The US commercial P&C insurance market moved further into softening during the first quarter as pricing across all account sizes fell by 2.3 percent on average, the Council of Insurance Agents and Brokers (CIAB) has revealed

Himal Patel, 22 April 2015
Willis granted anti-poaching injunction in JLT dispute

The UK Court of Appeal has placed an injunction on JLT preventing it from hiring any more staff from its rival Willis after more than half of the broker's fine art, jewellery and specie team left in a mass raid

Dan Ascher, 22 April 2015
QBE promotes O’Farrell to pan-European CUO

QBE has promoted the chief underwriting officer (CUO) of its international markets division Colin O'Farrell to the new post of CUO of European operations

Charlie Thomas, 22 April 2015
QIC’s Q1 profits fall as top line surges

Qatar Insurance Group (QIC) shrugged off challenging market conditions to report a 27.9 percent rise in gross written premiums (GWP) during the first quarter of 2015

Himal Patel, 22 April 2015
XL-Catlin completion set for 1 May after shareholder approval

A key milestone was reached yesterday (21 April) in the tie-up between XL and Catlin after the latter's shareholders voted almost unanimously in favour of creating a scheme of arrangement to facilitate the merger.

Charlie Thomas, 22 April 2015

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