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Cat writers in line for 1.4 Japan respite
Fresh from the pounding they took at 1 January, catastrophe reinsurers look as if they may come away from the Japanese renewals relatively unscathed, The Insurance Insider understands
04 March 2014
Direct Line exec appointed interim CEO of Flood Re
Direct Line's former managing director of personal lines, Tom Woolgrove, has been appointed interim CEO of Flood Re, an industry-owned reinsurer that will subsidise the cost of insuring UK homes at the highest risk of flooding.
04 March 2014
Enstar and Catalina in Spartan M&A war
Legacy rivals Enstar and Catalina are squaring off against each other in a fight to acquire downgraded US specialty carrier Sparta Insurance, The Insurance Insider can reveal
04 March 2014
LeStrange to return as Pine River Re chairman
Ken LeStrange is set to take the position of chairman at Pine River Re in a move that will reunite him with his former Endurance Specialty colleague Bill Jewett, The Insurance Insider can reveal
04 March 2014
Validus diversifies into trade credit reinsurance
Validus entered the trade credit reinsurance market towards the end of 2013 with the hire of a team from the Royal Bank of Canada
04 March 2014
Ariel creates £60mn Names sidecar
Lloyd's reinsurer Ariel established Special Purpose Syndicate (SPS) 6117 at 1 January with support from individual Names advised by members' agent Hampden, The Insurance Insider has learned
04 March 2014
GIC Re establishes Lloyd’s presence with SPS
Indian state-owned carrier GIC Re has become the latest Asian (re)insurer to secure a presence in the Lloyd's market by setting up a special purpose syndicate (SPS) sponsored by Catlin, The Insurance Insider can reveal
04 March 2014
Duperreault made approach for Lloyd’s insurer
Hamilton Insurance Group CEO Brian Duperreault made an approach for private equity-owned Lloyd's carrier Brit Insurance earlier this year as he looked to start deploying his firm's vast M&A war chest, The Insurance Insider can reveal
04 March 2014
Gibraltar regulator issues banning order
Gibraltar's Financial Services Commission (FSC) has banned James Trusselle, the former managing director of now-defunct Gibraltarian insurer Lemma Europe Insurance Company Ltd, from operating in a senior financial services role on the Rock.
04 March 2014
ABI: UK industry should work together
The UK insurance industry needs to be more thoughtful and collaborative when engaging with government, Otto Thoresen, the director general of the Association of British Insurers (ABI), told a London 100 meeting late last month.
04 March 2014
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