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XL hires AIG senior executive Lyles
XL Capital has confirmed the hire of American International Group (AIG) executive Kelly Lyles, as first revealed by The Insurance Insider last week.
16 June 2014
Swiss Re selling US closed life business
Swiss Re is working with Barclays Capital to sell the remainder of its US closed life business, The Insurance Insider has learned.
16 June 2014
Towers name may disappear by September 2014
JLT Towers Re, the world's fourth-biggest reinsurance broker, is aiming to rebrand itself by the time of the Monte Carlo Rendez-Vous, eliminating the Towers name, The Insurance Insider has learned.
16 June 2014
RSG launches Lloyd’s healthcare and life science facility
Ryan Specialty Group (RSG) has launched a new healthcare and life science underwriting facility that it says is the largest single coverholder arrangement for the business at Lloyd's.
16 June 2014
Tokio Millennium Re to increase line size with alternative capacity
Tokio Millennium Re (TMR) is holding talks with alternative capital providers in a bid to secure capacity commitments that would allow it to significantly increase its line size on select reinsurance placements, The Insurance Insider can reveal.
16 June 2014
Aviation war market braced for Karachi loss
The niche aviation war market looks certain to fall to a loss in 2014 after four planes were damaged in this month's attack on Jinnah International Airport in Karachi, causing an estimated loss of $15mn-$20mn, The Insurance Insider understands.
16 June 2014
Senior Aon, Marsh execs awarded UK honour
Aon president Steve McGill and Jane Barker, the chairman of rival broker Marsh's UK arm, have been awarded one of the UK's top civilian honours.
16 June 2014
QBE puts sale of mid-market business on hold
Global insurer QBE has postponed the sale of its US mid-market business amid muted interest, The Insurance Insider can reveal.
16 June 2014
Actuaries actually a hindrance: Gooding
Actuaries and in-house legal teams have become a "hindrance rather than a help", according to Nick Gooding of consultancy NPGC.
16 June 2014
Broker and underwriter conflicts stifle innovation
Conflicts between brokers and underwriters are one of the main roadblocks to innovation in the London market, speakers at the Verisk Executive Summit and Risk Symposium claimed today (16 June).
16 June 2014
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