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The Hanover reports ‘strong’ rate rises in Q4

The Hanover Insurance Group said it continued to see strong price increases in commercial and personal lines business in the fourth quarter, despite mounting evidence of a slowdown in the US P&C sector

05 February 2015
Pexton returns with HNW underwriting agency

Industry veteran and former Omega CEO Richard Pexton has launched a new specialist underwriting agency for the UK's mid and high net worth (HNW) market

Charlie Thomas, 05 February 2015
Reinsurers must sell more cat limit: Aon Benfield

The reinsurance industry needs to exert itself to stimulate higher demand for property catastrophe reinsurance, according to Aon Benfield International executive chairman Dominic Christian

Adam McNestrie, 05 February 2015
Tysers hires Blakeborough as COO

Independent Lloyd's broker Tysers has hired Stuart Blakeborough as chief operating officer (COO)

Dan Ascher, 05 February 2015
Solvency II has created bureaucratic ‘monster’: McGovern

Solvency II has grown into "something of a monster" in the years leading up to its implementation due to increased bureaucracy, Lloyd's chief risk officer and general counsel Sean McGovern has said

Jenny Messenger, 05 February 2015
Overreliance on cat driving M&A: Duperreault

An overreliance on cat business is forcing carriers to diversify and is driving the M&A activity that has hit the headlines in recent weeks, according to Hamilton Insurance Group CEO Brian Duperreault

Dan Ascher, 05 February 2015
Mark Hoban appointed as Flood Re chairman

The UK government-backed flood reinsurance pool Flood Re has appointed Mark Hoban, former Financial Secretary to the Treasury, as its first chairman

05 February 2015
Munich Re posts strong profits and increases dividends

Reinsurance powerhouse Munich Re recorded a strong end to the financial year this morning (5 February) when it posted consolidated profits for the year of EUR3.2bn.

Charlie Thomas, 05 February 2015
Beazley profits dip in 2014

Listed Lloyd's carrier Beazley revealed a 16 percent drop in pre-tax profits for 2014 this morning (5 February) to $261.9mn, down from the $313.3mn recorded the year before.

Charlie Thomas, 05 February 2015
Everest Re reports top and bottom line growth

Expansive reinsurer Everest Re achieved a comfortable beat on fourth quarter operating earnings as it continued to report top-line growth.

David Bull, 05 February 2015

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