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Lawson named next FM Global CEO
FM Global's CEO Shivan Subramaniam is to retire at the end of the year and will be replaced by executive vice president (EVP) Thomas Lawson, the company said today (11 July)
11 July 2014
Aspen preannounces Q2 earnings as bid defence continues
Aspen Insurance Holdings has taken the unusual step of announcing preliminary Q2 results as it continues its attempts to secure the support of shareholders and stave of the hostile takeover bid from rival Endurance Specialty.
11 July 2014
Industry trio lead buy-out of Florida and Texas insurer Cypress
A group of investors led by seasoned (re)insurance executives Joe King, Enda McDonnell and Adrian Ryan have agreed a deal to buy Florida and Texas insurer Cypress Insurance Holdings, The Insurance Insider can reveal.
11 July 2014
Hiscox forecasts unchanged 2015 stamp capacity
Hiscox has no plans to change the 2015 stamp capacity for its flagship Lloyd's Syndicate 33, the Lloyd's and international (re)insurer has announced
10 July 2014
India increases foreign ownership cap to 49%
The Indian government has decided to raise the limit on foreign direct investment in the country's insurance sector to 49 percent, under the newly elected leadership of the Bharatiya Janata Party.
10 July 2014
BTG Pactual to buy Ariel Re from Global Atlantic
Brazilian investment bank BTG Pactual is set to secure a Lloyd's and Bermuda underwriting platform with a deal to buy Ariel Re from Global Atlantic.
10 July 2014
Infrassure pulls plug on auction and goes into run-off
Privately owned Swiss insurer Infrassure has called off its sales process at the last minute and placed itself in run-off
10 July 2014
Guy Carp appoints de Haas as Benelux CEO
Guy Carpenter has appointed Roelant de Haas to head up its operations for the Benelux region, the reinsurance broker announced today (10 July)
10 July 2014
Tower sets date for shareholder meeting on ACP merger
Tower Group has announced a special general meeting, due to be held on Wednesday 6 August, in connection with the US insurer's proposed acquisition by ACP Re.
09 July 2014
Nat cat losses below average in H1 2014: Munich Re
(Re)insurers benefited from another relatively benign loss period after experiencing below-average insured losses from natural catastrophes in the first half of 2014, according to analysis from Munich Re.
09 July 2014
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