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The Hartford eyes $690mn legacy sell-off

The Hartford is considering a mammoth £452mn ($687mn) legacy sale as the group seeks to consolidate its old London market liabilities into a single vehicle, The Insurance Insider understands

Dan Ascher, 14 September 2015
Guy Carp partners with Vario to launch non-cat ILS manager

Guy Carpenter and advisory firm Vario Partners are planning to launch a new joint venture, Vario Global Capital, which they hope will become the leading insurance-linked securities (ILS) manager for non-catastrophe risk.

Fiona Robertson, 10 September 2015
Pioneer COO resigns

Jonathan Matthews, chief operating officer at Pioneer Underwriting, has resigned, The Insurance Insider can reveal.

Charlie Thomas, 14 December 2015
Insurers to largely retain UK flood losses

Reinsurers are likely to escape the brunt of the losses caused by the trio of storms that barrelled through the UK in December, as cedants count the cost of sizeable retentions.

Adam McNestrie, 04 January 2016
European legacy industry grows by EUR7bn

The market for European run-off has grown by EUR7bn in the past year alone, a study by professional services firm PricewaterhouseCoopers (PwC) has found.

22 September 2014
Harrington Re targeting $850mn capital raise

Harrington Re, the total return reinsurance start-up sponsored by Axis and Blackstone, will look to raise up to $850mn of capital ahead of a July launch, The Insurance Insider can reveal.

Adam McNestrie, 25 April 2016
Data remains problematic with internal models: PRA

Insurance companies have continued to encounter difficulties in adopting consistent data management in the internal model approval process (Imap), according to a Solvency II data review by the Prudential Regulation Authority (PRA).

Winifred Okocha, 09 February 2016
Flood Re hires chief actuary

Flood Re has appointed Gary McInally as chief actuary, the UK state-backed flood reinsurer announced today (25 March).

Himal Patel, 25 March 2015
Quindell law firm attracts almost 350 potential claimants

A claimant law firm touting for Quindell investors that suffered losses following the UK insurance services firm's catastrophic share price falls this year claims it has received "almost" 350 responses.

Dan Ascher, 22 December 2014
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Charlie Thomas, 11 April 2016

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