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Chedid Re wins PartnerRe support for MGA
Chedid Re, a prominent reinsurance broker in the Middle East and North Africa (Mena), has gained support from PartnerRe for a managing general agency (MGA) that will underwrite a range of financial lines insurance in the region
15 April 2014
HCC International appoints former Atrium CEO as chairman
Specialty insurer HCC has appointed former Atrium CEO Nick Marsh as non-executive chairman of the board of HCC International Insurance Company and its Lloyd's managing agent HCC Underwriting Agency
15 April 2014
Ace unveils global cyber division
Global insurer Ace today (15 April) announced the launch of its Global Cyber Risk Practice, which is aimed at tackling increased demand for cyber risk insurance
15 April 2014
UK brokers win lower compensation scheme charges
The 2014/15 Financial Services Compensation Scheme (FSCS)'s levy for UK insurance brokers has been reduced to £38mn ($63.5mn) from the original budget estimate of £62mn proposed in January
15 April 2014
Nexus to launch accident and health lines
Fast-growing London market managing general agency Nexus Underwriting Management has announced plans to launch a number of new product lines writing accident, sickness and travel cover on a direct and facultative basis
15 April 2014
RSA promotes Paul Whittaker to group COO
RSA has promoted Paul Whittaker, its current head of emerging markets, to the new post of group chief operating officer (COO), the UK general insurer said today (15 April)
15 April 2014
Endurance calls for Aspen shareholders to ‘cut through the rhetoric’ on $3.2bn bid
Endurance has described Aspen's objections to its proposal to buy its fellow Bermudian as "unsubstantiated" and a "red herring" as it called on shareholders to recognise the "value" of its hostile $3.2bn bid.
15 April 2014
The Insider 30
The Insurance Insider's look-up table for all of the weekly, monthly and YTD share price movements of the companies in our updated composites
14 April 2014
Lancashire recovery in tough week for stocks
It was a tough week for P&C stocks last week with only a few rare lights, including Lancashire and, today, Aspen...
14 April 2014
R&Q confirms RITC of Goshawk syndicate
Goshawk, the once listed Lloyd's carrier downed by its foray into viatical insurance and other loss-making classes, has had its run-off managed by Randall & Quilter (R&Q) for a decade.
14 April 2014
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