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  • Listed Lloyd’s (re)insurer Brit Insurance Holdings has hired Ben Maidment as Privacy, Cyber and Technology underwriter for its US PI team, which is headed by Janet Henderson.
  • Bermudian (re)insurer Allied World Assurance Company Holdings (AWAC) launched its IPO last Wednesday (12 July) priced at $34 a share.
  • Bermudian (re)insurer Allied World Assurance Co (AWAC) is set to continue its capital building strategy after its forthcoming initial public offering (IPO) with the issue of $500mn senior notes.
  • Quanta Capital Holdings has signed heads of agreement with Chaucer Holdings and the senior underwriting team of its Syndicate 4000 to form a new Lloyd’s managing agent, Pembroke Managing Agency Limited.
  • QBE Europe has confirmed that of the 200 jobs that were subject to consultation as part of a restructuring overhaul, 125 redundancies are expected...
  • Start-up Bermudian reinsurance fund CATCo has signed up two executives from the Qatar Insurance Company to its board.
  • The reporting standards of Lloyd’s syndicates need improving if spread capital is to get a full picture of its exposures, claims Laptop Earlier this year the EU Commission surprised observers by demanding the UK government provide information concernin
  • London-listed Randall & Quilter (R&Q) has agreed on a portfolio transfer transaction with Finnish mutual non-life insurer Turva
  • Catastrophe risk modeller Eqecat is set to launch a complete and fundamental overhaul of its modelling software with the release of RQE in October this year.
  • The hit to profitability from the well-publicised drop-off in US catastrophe rates in 2013 will start to become apparent in the third quarter, analysts at US investment bank Keefe, Bruyette & Woods (KBW) said in a note previewing the upcoming results season.