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  • Senior XL London market international casualty underwriting executives Denis Burniston and Colin Ivory are set to join Allied World Europe, The Insurance Insider can reveal.
  • A wildfire in California's Yosemite National Park, which has so far engulfed 225 square miles of territory, destroying 23 buildings and threatening 4,500 more, looks set to spread northwards, risk modelling firm AIR Worldwide said on 25 August.
  • Irish personal lines insurer FBD reported a bigger-than-expected 12 percent drop in its half-year profit, as weaker investment returns offset continued premium growth amid tough economic conditions.
  • Zurich CFO dies; National General listing; Plumeri returns
  • The news that Transatlantic Re is to capitalise a $500mn legal entity in London is more good news for the UK's standing as a respected domicile from which to base EU operations.
  • Former RSA chief executive Andy Haste has joined forces with private equity firm Advent International to mount a potential bid for the general insurance arm of the Co-operative Group, according to a source familiar with the matter.
  • Transatlantic Reinsurance Company (TransRe) is to form a new $500mn capitalised UK-licenced (re)insurance company which will be both the underwriting and capital hub for the New York-headquartered firm's European operations, The Insurance Insider can reveal.
  • Venezuelan state-owned hydrocarbon company PDVSA has refused to keep QBE's O'Farrell syndicate on as the lead of its $1bn programme and at least one major Lloyd's writer has since refused to take on the leadership.
  • Former RSA chief executive Andy Haste has joined forces with private equity firm Advent International to mount a potential bid for the general insurance arm of the Co-operative Group, according to a source familiar with the matter.
  • Pioneer Underwriting, the managing general agent (MGA) owned by London-headquartered independent broker BMS, has appointed former Lloyd's chair Max Taylor as chairman of the board