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Barclays survey reveals waning US commercial P&C pricing momentum
Further evidence of waning momentum in US commercial P&C pricing has come from Barclays analysts in their latest survey of insurance buyers.
10 January 2014
Investors cool on Tower Group merger
Tower Group shares fell sharply today (9 January), pulling the stock's value well below the proposed acquisition price agreed by the beleaguered US insurer's board.
10 January 2014
(Re)insurers hit by more analyst downgrades
(Re)insurance stocks faltered today (9 January) as more companies were hit by analyst downgrades following big rate decreases at the 1 January renewals
09 January 2014
American Financial to pay $250mn for Liberty workers’ comp carrier
Expansive US insurer American Financial Group (AFG) has agreed a deal to buy workers' compensation carrier Summit Holdings Southeast from Liberty Mutual in a $250mn all-cash transaction.
09 January 2014
Marketform appoints head of Europe and emerging markets PI
Lloyd's managing agent Marketform has announced that Antonio Bellanca has joined its professional indemnity (PI) team as head of Europe and emerging markets
09 January 2014
AG Doré names new active underwriter
AG Doré & Others Syndicate 2526 has appointed Dominic Frost as its new active underwriter, replacing Andy Doré, who is stepping down after 10 years, the company announced today (9 January).
09 January 2014
Lonmar appoints new unit heads
Independent broker Lonmar Global Risks has appointed former Q360 broker Gavin Johns as divisional director of its P&C division.
09 January 2014
Tax issues complicate French renewals
Bermudian reinsurers did not write any French business on the paper of their Bermudian operating entities at 1 January following France's threat last year to slap a 75 percent withholding tax on premiums ceded to Bermuda-domiciled carriers, according to Willis Re.
09 January 2014
R&Q makes underwriting management appointment
Randall & Quilter (R&Q) has appointed former Chaucer executive Janet Helson as a director of its underwriting management division
09 January 2014
Lloyd’s names Talbot’s Atkin as new deputy chair
Graham White is standing down as deputy chairman of the Lloyd's Council, making way for Talbot Underwriting chief executive Rupert Atkin, the Corporation said today (9 January).
09 January 2014
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