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Universal to cut QS after $19mn Nephila investment

Nephila Capital has taken a $19mn stake in Universal Insurance Holdings (UIH) that the Florida-based insurer says will allow it to further reduce its use of quota share reinsurance.

David Bull, 03 December 2014
The Insider 30

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

02 December 2014
Investors divide on RenRe and Platinum

P&C (re)insurance stock performance improved in November as our index of publicly listed carriers - The Insider 30 - traded up by 2.1 percent

Himal Patel, 02 December 2014
Quindell seeks damages following Gotham suit

Embattled UK insurance outsourcing firm Quindell appeared in the UK High Court last month to demand defamation damages from Gotham City Research LLC

Dan Ascher, 02 December 2014
Houlder accuses sister broker of fraud in Hyundai negligence dispute

Houlder Insurance Services Limited (Houlder London) has accused an affiliated company in Hong Kong of fraud in a messy $9mn negligence case brought against the London market intermediary in the UK Commercial Court

Dan Ascher, 02 December 2014
Malaysia Airlines pays 250% rate hike

The one risk that had to pay a renewal increase has duly done so

Adam McNestrie, 02 December 2014
Trust Risk pursuing AmTrust for EUR97mn in Italian arbitration

AmTrust Europe's former Italian medical malpractice broker Trust Risk Group is pursuing the insurer for EUR97mn in Italian arbitration proceedings following an acrimonious breakdown in the exclusive distribution arrangement between the two companies

Dan Ascher, 02 December 2014
Marsh drops client rather than risk sanctions

Marsh has resigned its position as the insurance broker for Italian airline Neos because it was unwilling to handle a 2012 claim relating to a flight to Cuba, The Insurance Insider can reveal

Adam McNestrie, 02 December 2014
War market agrees to re-underwrite deals at lower prices

Aviation war insurers are renewing some risks on expiring terms despite a year in which the market's loss ratio has soared well north of 1,000 percent, The Insurance Insider understands

Adam McNestrie, 02 December 2014
ABI, LMA to give evidence on UK insurance law reforms

The Association of British Insurers (ABI) and the Lloyd's Market Association (LMA) are due to give evidence on the Insurance Contracts Bill at a special public bill committee meeting on 3 December

Jenny Messenger, 02 December 2014

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