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  • 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).
  • 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
  • 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.
  • 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
  • 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.
  • Simon Lee, the former CEO of UK insurer RSA, has been hired by Fairfax Financial Holdings as an international adviser, The Insurance Insider understands
  • 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
  • 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
  • Airmic has appointed Julia Graham as its technical director, the UK risk managers' association announced yesterday (12 March)
  • Zurich leads the $250mn directors' and officers' (D&O) cover for Brazilian oil giant Petrobras with a $15mn layer, The Insurance Insider understands