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  • UK P&C insurers suffered a decline in profitability for the first time in a year during the first quarter of 2014 due to mounting competition and hefty flood-related claims, according to the latest quarterly financial services sector survey from the Confederation of British Industry (CBI) and PwC.
  • Scor trumps; Soft market fears; Allstate 7 years; Life growth; Rates flat; Endurance beats; Greenlight Re falls; Torus partners; White Mountains deteriorates; $1.84bn Ironshore buyout; Three peaks; Islamic insurance; Brindle exit
  • American International Group (AIG) has appointed Angus Marshall M&A manager for the UK, the firm announced today (3 June)
  • The legal ramifications of the UK's vote last week (23 June) to leave the European Union (EU) are likely to severely impact insurers, as companies face a legislative quagmire and loss of access to the single market.
  • RSA has notified its reinsurers that it expects a gross loss from Storm Desmond of £85mn ($126mn), with the London-listed carrier set to be burnt by a £50mn line on a McVitie's biscuit factory, The Insurance Insider can reveal
  • A buzz of positivity surrounded the Brighton Grand hotel last week as the legacy market descended upon the UK seaside town to discuss prospects - and deals - for the year ahead.
  • JLT has appointed Charlie Rozes as group finance director after his predecessor was promoted to head the broker's reinsurance division
  • Representatives of the London (re)insurance market are optimistic that the UK Chancellor of the Exchequer will include significant provisions for the sector in this year's budget, which is scheduled for 18 March.
  • TMK hires Amphlett; ArgoGlobal appoints cargo underwriter; Gable suspends shares; MSI's ILS hopes; Nexus moves into marine; XL Catlin hires Asia marine hull leader; Probitas expands casualty team; BP Marsh exits Hyperion stake
  • XL Catlin completes domicile move; AmTrust acquires MGA; Beazley commits to Singapore; CIRC: Insurers are not ATMs; Dima makes appointments; JLT Re buys in Peru; Brit signs SA deal; Berkshire Hathaway departure; South to head Marsh US; Atkin to Amwins; Admin Re partial sale; BHSI enters Australian cyber; Euclid partners with AGCS and Swiss Re; H1 nat cats highest since 2011; Horace Mann set for P&C loss; FCA starts tender process; Suncorp hires