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Behind the clouds

Embattled UK broker Towergate will be hoping it can now move forwards, with a potential resolution to its debt struggles and a new CEO waiting in the wings

20 March 2015
Infinite capacity?

We gnarled observers of the global (re)insurance market are baffled

Mark Geoghegan, 20 March 2015
Allstate February cat losses of $223mn lower-than-expected

US giant Allstate announced estimated cat losses for February that came in lower than analysts' expectations despite the extreme winter weather in the Northeast of the country.

David Bull, 20 March 2015
Arrow Re on review for Moody’s upgrade

Moody's has put Goldman Sachs vehicle Arrow Re on review for a potential upgrade.

David Bull, 20 March 2015
Steadfast launches emerging risks underwriting agency

Fast-growing Australia-based intermediary Steadfast has co-launched start-up emerging risks underwriting agency Emergence Insurance Group.

David Bull, 20 March 2015
Dalgarno latest to leave AJ Gallagher for Towergate

Revamped UK broker consolidator Towergate has appointed Sarah Dalgarno as chief risk officer in the latest in a line of defections from AJ Gallagher International, The Insurance Insider can reveal.

Himal Patel, 19 March 2015
Alan Grant to join Thomas Miller as non-exec

London market underwriting veteran Alan Grant is set to join the board of Thomas Miller as a non-executive director, The Insurance Insider can reveal.

Dan Ascher, 19 March 2015
Allianz hedges stake in CPIC with Goldman Sachs deal

Goldman Sachs has agreed a $700mn deal with Allianz to hedge a portion of the insurer's stake in the China Pacific Insurance Company (CPIC)

Jenny Messenger, 19 March 2015
TigerRisk signs up for Xchanging's reinsurance platform

TigerRisk has signed up as the first client for Xchanging's Globalremarket reinsurance placing platform, the business services firm has announced.

18 March 2015
Lonmar CEO Rice steps down as Pexton promoted

Independent Lloyd's broker Lonmar Global Risks has announced that its CEO, Simon Rice, will be stepping down from the role on 31 March.

Mark Geoghegan, 18 March 2015

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