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Martin is new Willis Ltd CEO; Canadian Gomes; Tornadoes strike; Claims goes live; Fairfax acquires; Saga IPO; Heritage IPO; Aspen woos investors; Allied World profits; Everest Re beats; WR Berkley bullish; Platinum buyback; S&P downgrade; Cyber injury; TMEI recruits; Latin expansion; New CEO; Turkish growth
28 April 2014
Aon shares climb on Q1 earnings beat
Broking heavyweight Aon saw its share price close up 3.4 percent on Friday (25 April) after it posted first quarter earnings per share of $1.28, comfortably ahead of the analyst consensus of $1.18.
28 April 2014
Citizens reinsurance buying points to sharp rate cut at 1.6
Florida Citizens Property Insurance kept its risk transfer budget for 2014 stable at $300mn but managed to buy 70 percent more reinsurance limit than last year, highlighting the swingeing rate reductions that have occurred in the Sunshine State over the past two years.
28 April 2014
From Hangman’s Hill to Baldwin Street…
As the great and the good of the US P&C industry prepare to converge on Denver for the Rims annual gathering, now is probably a good time to look at pricing trends in the world's biggest insurance market.
28 April 2014
Duperreault makes informal Barbican approach
Hamilton Insurance Group CEO Brian Duperreault has made an approach for private equity-owned Lloyd's carrier Barbican, The Insurance Insider has learned.
28 April 2014
Willis appoints David Martin head of Willis Ltd
Global broker Willis has appointed its UK chief David Martin as CEO of Willis Limited, its principal UK regulated entity.
28 April 2014
Charles Taylor’s third party claims database goes live
Charles Taylor Insurance Services (CTIS) has launched a central database for third party claims administrators (TPAs), aimed at TPAs, managing agents and Lloyd's, the company said in a statement today (28 April).
28 April 2014
BMS appoints CEO for Canada
Independent broker and managing general agent BMS has appointed Brian Gomes as head of its Canadian operations, the company said in a statement today (28 April).
28 April 2014
Atrium aviation teams head to Cathedral
The Atrium war aviation and non-war aviation teams that resigned at the beginning of the month are heading to Lancashire-owned rival Lloyd's carrier Cathedral, The Insurance Insider can reveal.
28 April 2014
Tornadoes hit central and southern US
Several tornadoes hit parts of the central and southern US on Sunday night (27 April), killing at least 12 people and causing widespread damage, according to local reports.
28 April 2014
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