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AmTrust to buy commercial auto writer CorePointe

AmTrust Financial Services has continued to demonstrate its appetite for growth through acquisition with an agreement to buy commercial auto carrier CorePointe Insurance Company.

25 November 2014
The Insider 30

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

24 November 2014
Premium cost concerns over capital standards changes

Applying global capital requirements to large US insurers would be "unnecessary" and lead to higher rates for buyers across the industry, according to Namic and the Property Casualty Insurers Association of America

Jenny Messenger, 24 November 2014
Amlin and Lancashire miss the sector uplift

Most listed (re)insurance carriers in The Insurance Insider universe traded up last week as our Insider 30 index climbed by 0.82 percent.

24 November 2014
Mishandling life fund probe ‘biggest regret’: Wheatley

Chief executive of the Financial Conduct Authority (FCA) Martin Wheatley has described the mishandled announcement of a probe into closed life funds as his biggest regret in recent months

24 November 2014
UK regulators step up use of ‘shadow’ 166s

The use of "shadow" or "quasi" section 166 investigations by UK regulators is on the rise, industry sources have told The Insurance Insider

Jenny Messenger, 24 November 2014
INS drops appeal in HRG and Howden dispute

Costa Rican insurer Instituto Nacional de Seguros (INS) has dropped its motion to appeal in a long-running legal battle with UK broker Howden and Miami-based broker HRG

Dan Ascher, 24 November 2014
Lloyd’s insurers defend $77mn shipping loss

Ten Lloyd's insurers are in the UK Commercial Court resisting a $77mn hijacking claim that has been linked to the murder of a British loss adjuster.

Dan Ascher, 24 November 2014
Capital strength positions P&C insurers for more investment risk: Conning

A historically strong capital base has positioned the P&C insurance industry to take on additional investment risk to counter the headwinds of low interest rates and a deteriorating underwriting outlook, according to Conning.

David Bull, 24 November 2014
Global reinsurers float on lighter Q3 cat losses

Global reinsurers can breathe a sigh of relief at the end of this week as yet another benign North Atlantic hurricane season comes to a close, with the absence of major cat losses lifting underwriting performance in the third quarter.

Himal Patel, 24 November 2014

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