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Fairfax hires former RSA chief as international adviser
Simon Lee, the former CEO of RSA, has been hired by Fairfax Financial Holdings as an international adviser, The Insurance Insider revealed earlier today (16 March).
Charlie Thomas
,
16 March 2015
News digest
AIG acquires; Lloyd's Beijing; Cyclone Pam; Axis and PartnerRe boost; Thai attractions; BHSI energy hire; Double Dubai; Torus exit; Citizens levy ends; Cyclone Marcia; Scor shuffle; Integro acquires; Validus affirmed; Hales exits; Airmic appoints
Peter Hastie
,
16 March 2015
Japanese cat set to renew 10-15% down
International cat reinsurers will again be forced to swallow double-digit rate cuts on Japanese excess-of-loss catastrophe business as the relentless pressure on pricing shows no signs of abating, The Insurance Insider can reveal.
Adam McNestrie
,
16 March 2015
Three new rules and a constant
The tail end of the soft market cycle always seems to be when the reinsurance rulebook is rewritten. Here are three of the freshest new paradigms, minted only in March, along with the vehement affirmation of one very old and sturdy adage
Mark Geoghegan
,
16 March 2015
Sompo rivals ponder Scor reinsurance freeze-out
Mitsui Sumitomo and Aioi Nissay Dowa are considering dropping Scor from their reinsurance programmes at 1 April after Sompo Japan Nipponkoa bought into the global reinsurer, The Insurance Insider can reveal.
Adam McNestrie
,
16 March 2015
Fairfax hires former RSA chief as international adviser
Simon Lee, the former CEO of UK insurer RSA, has been hired by Fairfax Financial Holdings as an international adviser, The Insurance Insider understands
16 March 2015
Lloyd’s opens Beijing branch
Lloyd's has today (16 March) opened a branch office in Beijing to access new business and forge closer links with business partners in China's capital
16 March 2015
S&P affirms Axis and PartnerRe ratings
Bermudian heavyweights Axis and PartnerRe received a boost late on Friday evening (13 March) when rating agency Standard & Poor's (S&P) affirmed the pair's A+ financial strength ratings and removed them from creditwatch negative
Himal Patel
,
16 March 2015
Airmic appoints Julia Graham as technical director
Airmic has appointed Julia Graham as its technical director, the UK risk managers' association announced yesterday (12 March)
Jenny Messenger
,
13 March 2015
Zurich leads exposed Petrobras D&O cover
Zurich leads the $250mn directors' and officers' (D&O) cover for Brazilian oil giant Petrobras with a $15mn layer, The Insurance Insider understands
Charlie Thomas
,
13 March 2015
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