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Fegan resurfaces at Endava
International IT services company Endava has appointed London market technology veteran Kelly Fegan to lead its insurance team
22 January 2014
Lancashire sidecar puts out $250mn limit at 1.1
London-listed (re)insurer Lancashire deployed more than $250mn of limit through its Kinesis Re I sidecar at the 1 January renewals, the company has confirmed
22 January 2014
Nelson: Lloyd’s can adapt capital model to changing market
Lloyd's chairman John Nelson has said that the Lloyd's market has the luxury of being able to frame the way it attracts capital to suit the dynamics of selling (re)insurance in a low interest rate environment
22 January 2014
UK brokers face further FSCS levy hike
UK insurance brokers' annual payment to the Financial Services Compensation Scheme (FSCS) would rise by 7 percent this year to cover an increase in claims triggered by intermediaries going bust, under proposals unveiled yesterday (21 January) by the government-backed fund
22 January 2014
Willis forms new global human capital and benefits practice
Global (re)insurance broker Willis today (22 January) announced the launch of a global human capital and benefits practice, led by Willis International CEO Tim Wright.
22 January 2014
Kiln hires credit and surety underwriter for Frankfurt office
Kiln, the Lloyd's (re)insurer owned by Japanese carrier Tokio Marine, has hired a senior credit and surety underwriter as part of an effort to build up its presence in continental Europe, it said today (22 January).
22 January 2014
Admiral boosted by Numis upgrade
Numis Securities analyst Nick Johnson has raised his recommendation on UK motor insurer Admiral to "buy" from "add", citing statistical evidence that UK car insurance prices are falling more slowly.
22 January 2014
Marino joins IFG to launch professional lines unit
Expansive US firm International Financial Group (IFG) is entering the professional lines market with the hire of former Valiant executive Lori Marino.
22 January 2014
Travelers trades down on waning pricing momentum
Shares in US insurance giant Travelers were trading down almost 2 percent this afternoon as evidence of slowing momentum on pricing overshadowed a strong earnings beat for the fourth quarter.
22 January 2014
US property insurance rates to soften further in Q1: AmWINS
US property insurance underwriters will "reluctantly" support rate reductions of 5-10 percent on first quarter renewals, according to broker AmWINS.
22 January 2014
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