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Tokio Marine combines London operations
Japanese "big three" firm is combining its Lloyd's (re)insurance business Kiln with its existing London-headquartered European arm to form a new operation, Tokio Marine Kiln Group
04 December 2013
Jain gets taste of own medicine as IAG pulls plug on NZ$1.4bn multi-year deal
Big two Australian insurer IAG has cancelled the 30-month deal that saw Berkshire Hathaway write 100 percent of recently acquired subsidiary AMI's NZ$1.4bn ($1.2bn) cat treaty, The Insurance Insider can reveal
04 December 2013
Amlin pulls plug on Lloyd’s sidecar
London-listed (re)insurer Amlin has decided to discontinue its retro SPS for 2014
04 December 2013
Tower successfully funds Canopius SPS for 2014
Beleaguered insurer Tower Group has been able to lodge sufficient capital at Lloyd's to maintain a substantial underwriting presence on Lime Street for 2014
04 December 2013
Lloyd’s insurer Ark completes $420mn MBO
Ark Syndicate Management has completed its buy-out from backers Aquiline, Swiss Re and Neuberger Berman in a $420mn deal that values the business at approximately 1.6x price to NTA. We have all the details including the innovative financing structure...
04 December 2013
News digest
Marsh appoints; Circling cat; BP Marsh motors; Esure boost; Price pressure; Tokio risk; Goldman caution; Singapore rising; Aviva property; Direct dividend; Dale launch; Swiss Re predicts; JLT buys; Q-Re appoints; VIG setback; Brightside CEO; Hyperion retirement; Amlin buyout; Generali downgrade?; R&Q opens; Tysers recruits; Xchanging moves; Peak Re appoints
04 December 2013
Aspen launches first sidecar at $65mn
Aspen Re has kicked off its third-party funds management business by launching a $65mn sidecar, Silverton Re, as first predicted by sister publication Trading Risk in late October.
04 December 2013
Catlin $800mn brokerage spend
Catlin's chief operating officer, Paul Jardine, has reiterated his criticism of the Aon-Berkshire Hathaway Lloyd's "sidecar" while also decrying the amount of brokerage that his group pays to access business from brokers.
04 December 2013
The Twelve rules of Lime Street
To celebrate the beginning of Advent and the imminent announcement of the new Lloyd's CEO, The Insurance Insider offers twelve pieces of advice on how to hit the ground running next year...
04 December 2013
Willis fires China duo for ‘inappropriate’ practices
Global (re)insurance broker has dismissed two senior employees at its Hong Kong reinsurance office, including the CEO of Willis Re China
04 December 2013
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