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Claimant law firm begins rounding up Quindell investors

A claimant law firm is touting for Quindell investors that were financially wounded by the insurance services firm's catastrophic share price falls earlier this year

Dan Ascher, 17 December 2014
Senate fails to reauthorise Tria before deadline

The US Senate has adjourned for the year without passing the Terrorism Risk Insurance Act (Tria), meaning the $100bn government backstop will expire once its 31 December 2014 deadline passes.

Jenny Messenger, 17 December 2014
Total insured losses hit $34bn in 2014: Swiss Re

Insured losses from natural catastrophes and man-made events fell significantly in 2014, according to research from Swiss Re's Sigma research unit.

Charlie Thomas, 17 December 2014
Argo buys OneBeacon lawyers’ PL renewal rights

Argo Group US has entered into a binding agreement with OneBeacon Insurance Group to buy up the renewal rights on the US insurer's lawyers' professional liability book of business.

David Bull, 17 December 2014
Progressive takes majority stake in ASI for $875mn

New York-listed auto insurer Progressive has agreed to pay $875mn in cash for a 67 percent stake in ARX, the parent of privately held carrier American Strategic Insurance (ASI), the company has said.

Adam McNestrie, 16 December 2014
Market braced for major IAG loss deterioration

Reinsurers are poised to take a fresh hit from the earthquakes that rocked New Zealand in 2010/11, with major cedant IAG warning them that its current loss notifications will need to rise significantly, The Insurance Insider has learned.

Adam McNestrie, 16 December 2014
Fairfax buys QBE’s Czech, Hungarian and Slovak operations

Fairfax Financial has entered into a deal to buy QBE's insurance operations in the Czech Republic, Hungary and Slovakia, the firm announced today (16 December)

Jenny Messenger, 16 December 2014
Capita backs Pardus forestry business

Insurance outsourcing firm Capita has made an additional investment in managing agency start-up Pardus to support the development of its new forestry business, the firms said today (16 December)

Jenny Messenger, 16 December 2014
Stephen Catlin enters IIS Hall of Fame

The International Insurance Society (IIS) has announced that Stephen Catlin, founding CEO of Catlin Group, will be 2015's recipient of the Insurance Hall of Fame.

Charlie Thomas, 16 December 2014
The Insider 30

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

Himal Patel, 15 December 2014

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