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Costa Concordia salvage operation begins
The much-delayed operation to re-float the wreck of the Costa Concordia began on 14 July in one of the largest - and most complicated - salvage operations in marine history.
14 July 2014
Swiss Re flags up key emerging risks
E-cigarettes, cloud computing security and deflation are among the new and emerging risks the global insurance industry could face over the coming years, according to a report released last week by Swiss Re.
14 July 2014
Gulfstream CEO and CFO quit
Gulfstream P&C president and CEO Mitch Sattler and CFO Jennifer Pintacuda have resigned from the Florida insurer, The Insurance Insider can reveal.
14 July 2014
Aviation market reaches stalemate in Q2: JLT
Market conditions in the aviation sector stayed soft in the second quarter of 2014, largely due to record capacity levels boosting competition, broker Jardine Lloyd Thompson (JLT) said in its latest "Plane Talking" market review.
14 July 2014
Industry trio lead buyout of Florida and Texas insurer Cypress
A group of investors led by seasoned (re)insurance executives Joe King, Enda McDonnell and Adrian Ryan is close to completing the buyout of Florida and Texas insurer Cypress Insurance Holdings.
14 July 2014
RSA’s German unit the latest on the block
Multinational insurer RSA has placed its German business up for sale as new CEO Stephen Hester continues to clean up the business and build its capital strength, The Insurance Insider has learned.
14 July 2014
Endurance warns that Aspen bid could be withdrawn
Endurance has hinted that it may withdraw its offer for Aspen if the company does not secure the necessary support for two of the hostile mechanisms it is employing in its efforts to force through a deal.
14 July 2014
BTG Pactual shows ambition with Ariel Re deal
Brazilian investment bank BTG Pactual is set to add to overseas ownership in the Lloyd's insurance market after agreeing a deal to buy Ariel Re from Global Atlantic.
14 July 2014
Nixon joins Weston as CUO, rounds out senior team
Florida property insurer Weston Insurance has secured the services of Deanne Nixon as its new chief underwriting officer (CUO),The Insurance Insider can reveal.
14 July 2014
Assurant buys $200mn more multi-year traditional reinsurance
US insurer Assurant took advantage of the soft reinsurance market to buy more cover on a multi-year and multi-event basis for about the same premium as it ceded in 2013.
14 July 2014
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