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  • Chartis axes energy risk XL and Japanese pro rata
    A big energy risk excess programme and a significant Japanese pro rata treaty are the latest victims of Chartis's decision to rationalise its reinsurance spend, The Insurance Insider can reveal.
    05 November 2012
  • Swiss Re not focusing on third party funds
    Swiss Re is not keen on opening up its internal insurance-linked securities (ILS) fund to third party investors, according to reinsurance CEO for the EMEA region Jean-Jacques Henchoz.
    05 November 2012
  • $1.1bn subway programme in line for big loss
    Early signs suggest that the biggest single risk loss to emerge from Hurricane Sandy will be from the substantial property programme of the New York Metropolitan Transit Authority (MTA).
    05 November 2012
  • Scor Lloyd's appoints Reed as CEO
    David Reed, the former managing director of Omega's managing agent, will become CEO of Scor's Lloyd's corporate member at the start of 2013, The Insurance Insider can reveal.
    05 November 2012
  • Swiss Re top line set to grow 25% at 1.1
    Swiss Re intends to take the lion's share of the business net when Berkshire Hathaway's giant quota share cover expires at the end of the year, which would cause net written premium (NWP) to climb by around a quarter.
    05 November 2012
  • Lloyd’s appoints in Haste
    Former RSA CEO Andy Haste has joined Lloyd's as one of the Corporation's three deputy chairmen, serving an initial three-year term from 1 November.
    05 November 2012
  • Insurers warned not to apply hurricane deductibles
    New York and New Jersey insurance regulators swiftly followed Connecticut in warning that insurers will not be able to impose homeowners' hurricane deductibles when processing claims from Superstorm Sandy.
    05 November 2012
  • News digest
    Aon Benfield has hired senior retro brokers Charlie Simpson and Chris McDowell from Guy Carpenter, The Insurance Insider understands
    05 November 2012
  • Hiscox positive on US growth outlook amid Sandy uncertainty
    Hiscox CEO Bronek Masojada said he expects the firm's US division to continue to provide strong growth momentum in 2013 after the unit reported a 30 percent increase in gross written premiums for the first nine months of 2012.
    05 November 2012
  • Canadian pension fund supports $350mn Cooper Gay equity injection
    Vast Canadian pension fund PSP is partnering with Lightyear Capital over its $350mn investment in broking house Cooper Gay, The Insurance Insider understands.
    05 November 2012
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