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US Risk buys majority stake in FI specialist JB Lloyd & Associates
Specialty underwriting manager and wholesale broker US Risk Insurance Group has agreed a deal to take an ownership stake in financial institution intermediary J.B. Lloyd & Associates (JBL).
16 October 2014
Lloyd’s roadshows first subordinated bond since 2007
The Corporation of Lloyd's is preparing to tempt investors with a 10-year callable sterling subordinated bond, the fourth in its history.
16 October 2014
Courtney Leimkuhler to replace retiring Marsh CFO
Big-three broker Marsh has said Courtney Leimkuhler is to become its chief finance officer (CFO) as Paul Malvasio announced he would stand down after five years in the job
16 October 2014
ANV Syndicate 1861 hires liability head
ANV Syndicate 1861 at Lloyd's has appointed Paul Bland to head up its non-marine general liability division, the carrier announced today (16 October)
16 October 2014
Death of ‘double Irish’ won’t affect insurers
Carriers with Irish domiciles are unlikely to be affected by the national government's decision to close a tax scheme known as the "double Irish", according to accountancy experts
16 October 2014
Hiscox Re announces senior appointments
Hiscox Re, the global reinsurance arm of Lloyd's and international (re)insurance group Hiscox, has appointed two senior chairmen to head up its international and North American divisions, it revealed today (16 October)
16 October 2014
September Colorado hailstorm loss exceeds $200mn
Insurers are set to pick up $213.3mn in insured losses from a late September hailstorm that hit parts of Colorado, according to recent estimates from the Rocky Mountain Insurance Information Association (RMIIA)
16 October 2014
Platinum falls short of analyst earnings forecasts
Bermudian reinsurer Platinum Underwriters missed Wall Street forecasts as third quarter earnings per share of $1.03 fell well below the analysts' consensus of $1.32
16 October 2014
RLI opens US insurance reporting season with earnings beat
US specialty insurer RLI has beaten Wall Street earnings forecasts with Q3 profits driven by a better than expected loss ratio in a generally benign quarter for the industry.
16 October 2014
PCS: Lowest North America Q3 cat tally for 10 years
Industry loss compiler Property Claims Services (PCS) has declared Q3 2014 the quietest third quarter in the past ten years.
15 October 2014
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