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XL pulls out of London downstream and power

Global carrier XL has told brokers that it is withdrawing from downstream energy and power business in the London market, The Insurance Insider can reveal

Adam McNestrie, 04 November 2014
Ceding commission increases spread to E&S property quota shares

The soft reinsurance market rolls on into new territory

David Bull, 04 November 2014
Class objects to $281mn Wells Fargo settlement

QBE and Wells Fargo force-placed settlement faces resistance

Dan Ascher, 04 November 2014
Aon settles Lithuanian negligence suit

Token $5mn payment only a fraction of damages sought by Baltic energy company

Dan Ascher, 04 November 2014
Cedants demand pre-paid reinstatements

Groupama and UK insurer LV= have brought into focus one of the key battlegrounds for 2015 by asking their reinsurers to provide pre-paid - or arguably free - reinstatements on their cat treaties

Adam McNestrie, 04 November 2014
Hyperion-RK Harrison: the strategy behind a £400mn deal

We analyse the rationale and post-deal London strategic landscape...

Adam McNestrie, 04 November 2014
CII confirms merger talks with Hong Kong equivalent

The UK's Chartered Institute of Insurers (CII) has entered into merger talks with its counterpart in Hong Kong

Jenny Messenger, 04 November 2014
Beale warns against protectionist regulation

Protectionist regulation driven by a desire to retain premium locally risks stunting the ability of Asian insurers to "transfer risks out", Lloyd's CEO Inga Beale has warned

Dan Ascher, 04 November 2014
Pool Re not under threat, say sources

Ongoing negotiations between the UK Treasury and Pool Re over the funding of the scheme's retrocessional guarantee are expected to complete without a break in cover, according to industry sources

Charlie Thomas, 04 November 2014
International Group account to remain with Miller post-deal

The International Group of protection & indemnity clubs' account will not move from Miller to Willis if the two brokers consummate their proposed deal, The Insurance Insider can reveal

Adam McNestrie, 04 November 2014

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