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Munich Re: $7bn Hudhud largest cat loss in light 2014

Cyclone Hudhud, which hit India's east coast in October 2014, caused $7bn in economic damage, according to data from Munich Re

Charlie Thomas, 07 January 2015
Guy Carp: RoL index down 11% at renewals

Reinsurance broker Guy Carpenter's global property catastrophe reinsurance rate-on-line index fell by 11 percent at renewals, with rate reductions continuing across almost all lines of business and geographies

Charlie Thomas, 07 January 2015
Beale defends Lloyd's international expansion strategy

Lloyd's CEO Inga Beale has defended the market's international expansion strategy and argued that brokers are key to its success in gaining market share overseas.

06 January 2015
RFIB expands hull and war division

RFIB has expanded its hull and war unit with the appointment of Steve Hughes as divisional director, the broker said today (6 January).

Jenny Messenger, 06 January 2015
BHSI hires another Lexington exec for environmental push

Berkshire Hathaway Specialty Insurance (BHSI) has hired Chuck Hasselback from AIG subsidiary Lexington to run its new environmental group.

David Bull, 06 January 2015
OdysseyRe reshuffles top brass

Fairfax's reinsurance arm OdysseyRe has announced a reshuffle in its executive management team that will see Isabelle Dubots-Lafitte take over as CEO for Europe, Middle East and Asia

Dan Ascher, 06 January 2015
McGee steps down early as The Hartford chairman

The Hartford's CEO Christopher Swift has added the role of chairman to his duties, bringing the transition after Liam McGee's exit to an end

Charlie Thomas, 06 January 2015
BMS appoints specialty reinsurance director

Steven Herbert has been appointed director of BMS Group's specialty reinsurance division, the independent broker announced today (6 January)

Jenny Messenger, 06 January 2015
AM Best stays negative on global reinsurance and US commercial

AM Best has reiterated its negative outlook for the global reinsurance sector and the US P&C commercial lines segment, along with a stable outlook for US personal lines

Charlie Thomas, 06 January 2015
US commercial P&C prices plateau ahead of soft market: MarketScout

The US commercial P&C insurance sector is on the cusp of a soft market with December rates flat, according to the latest survey from MarketScout.

David Bull, 06 January 2015

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