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AJG confirms Ross departure

Arthur J Gallagher (AJG) has confirmed the resignation of David Ross, the head of its UK-based international brokerage division.

10 February 2015
Montpelier beats on Q4 earnings but trims cat book at 1.1

Montpelier Re became the latest Bermudian to report fourth quarter earnings that surpassed Wall Street expectations, as it also booked solid top-line growth driven by its Lloyd's and collateralised reinsurance businesses.

David Bull, 10 February 2015
The Insider 30

Share price data on The Insurance Insider's universe of P&C (re)insurers

09 February 2015
Solid Q4 results bolster P&C (re)insurance stock performance

The Insider 30 gained 3.26 percent last week as P&C investors rallied on news of strong fourth quarter and full-year 2014 earnings.

Himal Patel, 09 February 2015
Bermuda, Gibraltar deny Miliband’s ‘tax haven’ charge

Political leaders in Bermuda and Gibraltar have retaliated after being labelled British "tax havens" by UK Labour leader Ed Miliband.

Jenny Messenger, 09 February 2015
McCafferty responds to Flood Re criticism

Flood Re chief executive Brendan McCafferty has responded to criticism from Lord Krebs, a member of the Committee on Climate Change (CCC), that the UK state-backed flood reinsurer will not create value for money.

Jenny Messenger, 09 February 2015
National Indemnity in premium dispute with Brazilian industrial giant

Berkshire Hathaway subsidiary National Indemnity Company is suing one of Brazil's largest natural resources producers and its insurers for $9mn after the companies denied buying reinsurance from the Ajit Jain-led insurance giant.

Dan Ascher, 09 February 2015
Enstar and Torus in legacy-to-live Nationale Suisse Belgium deal

Enstar Group announced last week that it is to buy Swiss insurer Nationale Suisse's Belgian subsidiary Nationale Suisse Belgium (NAB) and put the unit into run-off.

Dan Ascher, 09 February 2015
Aviva calls for action on ‘spurious’ deafness claims

General insurer Aviva has called for the government to clamp down on "spurious" industrial deafness claims filed by "opportunistic" claimant lawyers.

Dan Ascher, 09 February 2015
Florida still a ‘long way’ from being unprofitable: O’Donnell

Looking ahead to the upcoming Florida renewals, RenaissanceRe chief executive Kevin O'Donnell told investors on the carrier's fourth quarter earnings call that the market was still "a long way from unprofitable" despite softening pressures.

09 February 2015

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