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Catalina to acquire California carriers
Bermuda-based run-off acquirer Catalina has agreed to acquire two workers comp and motor carriers owned by Danielson Indemnity Company from Covanta Holdings in California
23 September 2014
CEE insurer gets first licence to post collateral abroad
The National Bank of Ukraine has granted the first licence permitting a domestic insurer to post collateral in a bank outside of the Central and Eastern Europe (CEE) region.
22 September 2014
Former Gen Re property fac underwriter joins XL
XL Group has hired Henry Williams, a senior property facultative underwriter at Berkshire Hathaway subsidiary Gen Re, sister publication Inside FAC has revealed.
22 September 2014
Bolt in reinsurance warning to Lloyd’s aviators
Lloyd's aviation insurers have been warned to scrutinise their reinsurance programmes to ensure they dovetail with their gross underwriting exposures following the spate of airline and aviation war losses in the past 12 months.
22 September 2014
Allianz gains as AmTrust tumbles
The share price performance of our P&C (re)insurance index The Insider 30 remained on positive ground last week, rising 1.08 percent during the period.
22 September 2014
The Insider 30
Weekly share price data on The Insurance Insider's universe of P&C (re)insurers
22 September 2014
PRA consultation could ease SII legacy burden
A Prudential Regulation Authority (PRA) consultation paper that proposes a solution for firms in breach of Solvency II’s stringent new solvency requirement could ease the burden on run-off firms. Normal 0 false
22 September 2014
Swiss Re: Hedge fund-sponsored plaintiff lawyers to spur claims growth
Hedge fund backing for lawyers representing plaintiffs in class action suits and other civil litigation could drive up claims costs, Swiss Re's chief economist has warned.24
22 September 2014
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
JLT Re appoints Tampa-based SVP
David Unsworth has been appointed a senior vice president at JLT Re, the broker announced today (22 September)
22 September 2014
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