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Steadfast completes Calliden deal

Australian intermediary Steadfast Group has announced the completion of its 100 percent acquisition of managing general agency Calliden Group.

Mark Geoghegan, 23 December 2014
IAG confirms NZ$750mn-NZ$1bn increase to Christchurch earthquake losses

Australian insurance giant IAG has confirmed that it expects to add another NZ$750mn to NZ$1bn ($581mn-$774mn) to its final claims costs for the 2010 and 2011 New Zealand earthquakes.

Himal Patel, 23 December 2014
Perils lifts Windstorm Dirk loss to EUR420mn

Perils lifted its loss estimate for Windstorm Dirk by 14 percent to EUR420mn ($514mn) in its fourth and final report on the storm.

Winifred Okocha, 23 December 2014
XL-Catlin: pig-headed dilution or strategic master plan?

The Insurance Insider looks at the rationale for the surprise £2.5bn deal funded predominantly by XL's large cash reserves

Adam McNestrie, 22 December 2014
The Insider 30

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

22 December 2014
Catlin to net £85mn from Box stake sale to Aioi

Catlin has agreed a deal to sell its investment in Box Innovation Group (BIG) to Aioi Nissa Dowa Insurance Company of Europe, generating £85mn of cash proceeds.

David Bull, 22 December 2014
XL-Catlin approach fuels growth in Lloyd’s stocks

P&C (re)insurance stocks rebounded last week, with our Insider 30 index recording a 2.77 percent gain.

Himal Patel, 22 December 2014
Industry ‘stunned’ by Tria lapse: McGovern

The insurance industry has been stunned by the US Senate's failure to reauthorise the Terrorism Risk Insurance Act (Tria), Lloyd's chief risk officer and general counsel Sean McGovern has said.

Jenny Messenger, 22 December 2014
IAIS begins consultation on global capital standard

The International Association of Insurance Supervisors (IAIS) has launched a public consultation on the development of a global insurance capital standard (ICS).

Jenny Messenger, 22 December 2014
Large UK homes will now be included in Flood Re

The criteria for properties eligible for inclusion in Flood Re have been widened to include band H, the highest property tax band in England and Scotland.

Jenny Messenger, 22 December 2014

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