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RMS 11 to complicate European renewals again
Property catastrophe renewals in Europe at 1 January will be complicated by the latest release of catastrophe modeller RMS's software RMS 11, according to sources.
01 October 2012
Airmic: Premium ‘on the table’ for more certainty
There is "premium on the table" and a potential competitive edge if the market can provide deeper, broader and more certain policies, said John Hurrell, chief executive of Airmic, the UK risk managers' trade body.
01 October 2012
Admiral in spotlight as inquiry is launched
Shares in UK motor insurer Admiral began to recover on 1 October, following a sell-off last week after a regulatory investigation was announced into motor insurance that may strangle a valuable revenue stream from referral commissions.
01 October 2012
Covéa’s EUR700mn cat cover renews flat
French insurer Covea has renewed its property catastrophe programme at rates that are flat on a risk-adjusted basis, The Insurance Insider understands.
01 October 2012
Digest
Greenlight up; $7bn windstorm aggregate; MS Frontier Re runs off Dublin arm; Central Fund levy flat; Demanding liability; VIG Re reshuffle; Barents positive; Liberty stokes casualty; Hiscox hire; Scor issues; Hanbury buy in; Greek drama; Aviva sells Sri Lankan unit; Marketform move; Kissane out; Hunt hire; CVC buys in; The Hartford $615mn sell-off; Taussig launch; RSG buys Atlantic Star Intermediaries
01 October 2012
Direct line IPO ‘attractively priced’
Major UK personal lines insurer Direct Line is likely to garner investor support for its IPO after revised pricing was favourably received by analysts.
01 October 2012
Marketform loses med-mal team
Lloyd's specialist insurer Marketform is to part company with a team of three international medical malpractice underwriters, The Insurance Insider can reveal
01 October 2012
Trailblazers...
It is one of the great truths in this great global P&C market that once a participant exceeds the age of 50, they will invariably start to lament the lack of ‘characters' and strong leaders.
01 October 2012
Charman to return in 2013
Axis founder speaks out in an exclusive interview with The Insurance Insider, accusing the Bermudian (re)insurer he founded of “betrayal” over his $36mn exit…
01 October 2012
New senior management team at Asta
Third-party syndicate manager Asta Capital has reorganised its senior management and hired former Tawa executive David Hunt, The Insurance Insider has learned.
01 October 2012
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