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Curtis to join LMA as director of finance and risk

Ken Curtis, the former chief executive of Barbican's managing agency, is set to join the Lloyd's Market Association (LMA) as director of finance and risk, the organisation said today (1 April)

Jenny Messenger, 01 April 2015
Allianz confirms $300mn Germanwings reserve

Allianz, the lead all-risks insurer on the Germanwings aviation loss, has said that the total reserve has been set at $300mn, confirming the story published by The Insurance Insider on 27 March

Dan Ascher, 01 April 2015
Howden vows to defend LatAm book after Miami defections

Howden Broking Group has pledged to bolster its Miami office with a transfer of staff a month after the departure of Latin American managing director Jose Astorqui, The Insurance Insider has learned.

Jenny Messenger, 01 April 2015
Prices set on first Florida cat bonds of 2015

The first two Florida cat bonds of 2015 have priced in the mid to upper levels of forecasts, sister publication Trading Risk has reported

Fiona Robertson, 01 April 2015
Allstate evaluates cat bond options after investor pushback

Allstate is reconsidering its options for the seven-year Sanders Re cat bond after failing to gain sufficient investor interest within its initial targets, sister publication Trading Risk revealed last week

01 April 2015
Millette expected to launch new venture

Former Goldman Sachs banker Michael Millette is expected to return to the insurance-linked securities (ILS) market with a new investment venture by mid-year, Trading Risk understands

Fiona Robertson, 01 April 2015
Carriers stuck in reinsurance bubble

Reinsurance has been getting a very bad press recently. Rates are declining quickly. Terms and conditions are broadening. The late 1990s is being routinely invoked.

Himal Patel, 01 April 2015
Brindle halfway to $2bn target ahead of July launch

Fidelis, the start-up that Lancashire founder Richard Brindle is working on alongside Goldman Sachs, has raised upwards of $1bn already and is targeting a 1 July go-live date with an equity capital base of $2bn, The Insurance Insider understands

Adam McNestrie, 01 April 2015
Muted impact on premiums from sliding crop prices

The double-digit slide in agricultural commodity prices in the year to date is expected to only have a muted impact on 2015 multi-peril crop insurance (MPCI) premiums, according to Morgan Stanley analysts

David Bull, 01 April 2015
Aon: D&O primary rates increase as litigation rises

Primary rates for North American directors' and officers' (D&O) cover rose last year following an increase in litigation, according to a new report from global broker Aon

Charlie Thomas, 01 April 2015

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