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Amlin reinsurance changes do not increase volatility: CEO
Amlin's decision to increase its net written premiums (NWP) at a time of deteriorating rate adequacy has not increased the amount of risk on its books, according to group CEO Charles Philipps.
18 August 2014
Devereaux joins AmTrust departure list
Senior liability underwriter Laurie Devereaux has resigned his position at AmTrust at Lloyd's, The Insurance Insider can reveal.
18 August 2014
Nexus valued at £31mn after BP Marsh buy-in
Venture capital firm BP Marsh has bought an initial 5 percent stake in London market managing general agency (MGA) Nexus Underwriting Management, investing a total of £1.55mn.
18 August 2014
Standard Club Lloyd’s start-up put back to 1 April
The proposed joint Lloyd's start-up that could see Charles Taylor become a turnkey managing agent and its partner the Standard Club become a syndicate is no longer aiming for a 1 January go-live date, The Insurance Insider understands.
18 August 2014
Bloodstock head leaves Hughes-Gibb
Chris Williamson, the managing director of specialist bloodstock broker Hughes-Gibb, has left the intermediary, The Insurance Insider can reveal.
18 August 2014
Bloodstock broker Howard Global for sale
Staff-owned intermediary Howard Global, one of the biggest brokers in the niche bloodstock market, is up for auction, The Insurance Insider can reveal.
18 August 2014
Doré syndicate’s future guaranteed for 2015
AmTrust's AG Doré Syndicate 2526 looks set to continue into 2015 along broadly similar lines to this year despite weeks of rumours about its future.
18 August 2014
SafePoint buys up to third event cover with top or drop
Florida start-up SafePoint Insurance Company has revealed the details of its 2014 reinsurance programme, which includes multiple event cover with a top or drop (ToD) layer.
18 August 2014
China Re Zurich hub on backburner after IPO announcement
State-owned carrier China Re is to hold off on a project to establish a platform in Switzerland as it focuses attention on its upcoming Hong Kong IPO, The Insurance Insider understands.
18 August 2014
Suncorp cat limit passes A$6bn mark
Australian mega-cedant Suncorp has raised the upper limit of its major 1 July catastrophe treaty from A$5.8bn to A$6.1bn, an increase of 5 percent.
18 August 2014
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