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  • 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
  • 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
  • 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
  • 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
  • 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
  • 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)
  • 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.
  • 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
  • It was a tough week for P&C stocks last week with only a few rare lights, including Lancashire and, today, Aspen...
  • 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.