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Exor bid propels PartnerRe

Shares in our listed P&C universe - The Insider 30 - dipped by 1.03 percent last week, mirroring the performance of wider stock market benchmarks.

Himal Patel, 20 April 2015
Scottish government’s asbestos proposal ‘unequitable’, says IUA

The International Underwriting Association (IUA) has criticised a Scottish government plan to recoup the cost of treating asbestos-related disease from insurers as "unequitable" and possibly illegal.

Dan Ascher, 20 April 2015
PSP closes Amwins investment, valuing broker at $2.3bn

Canada's Public Sector Pension Investment Board (PSP) has completed its strategic investment in Amwins, valuing the US wholesale giant at $2.3bn.

David Bull, 20 April 2015
Insurance Europe criticises ‘confusing’ EU regulation

Regulatory developments at EU level have led to "a complex and confusing legislative architecture" of overlapping legislation, industry lobby group Insurance Europe has said.

Jenny Messenger, 20 April 2015
Insurance Act could speed up claims decisions

Greater subjectivity brought in by the 2015 Insurance Act could force insurers to decide whether to pay a claim more quickly, according to loss adjuster Cunningham Lindsey.

Jenny Messenger, 20 April 2015
Greenberg fraud trial gets the go-ahead

A fraud trial against former American International Group (AIG) CEO Maurice "Hank" Greenberg looks set to go ahead after a judge threw out a final bid to have the case dropped.

Dan Ascher, 20 April 2015
Beecher Carlson seeks ownership of rival

Brown & Brown subsidiary Beecher Carlson has asked a US court to grant it ownership of a company that was set up by a number of former employees who allegedly stole information.

Dan Ascher, 20 April 2015
Travelers subsidiary sued over EUR13mn yacht claim

Aprilgrange, a subsidiary of US carrier Travelers, is being sued by a yacht owner for failing to pay out the full insured amount after the vessel was destroyed in a fire.

Jenny Messenger, 20 April 2015
‘Grossing up’ accusations emerge in Hyundai-Houlder dispute

A $10mn dispute between Hyundai Fire & Marine and its London market broker became more heated last week after a row over "grossing up" commissions was once again aired in court.

Charlie Thomas, 20 April 2015
Heath Lambert in court over documents dispute

Arthur J Gallagher subsidiary Heath Lambert is being sued by a Berkshire Hathaway-owned carrier over allegations that the broker failed to retain documents relating to a claim.

Dan Ascher, 20 April 2015

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