September 2013/4

Under-fire (re)insurer Tower Group is examining its strategic options as it seeks to recover from an embarrassing post-merger reserve charge.

Sompo Re is looking to establish an underwriting platform in Zurich, sources have told The Insurance Insider.

Airline insurance rates continued to fall in the summer and are still showing no signs of levelling out despite a recent modest increase in loss activity, according to broker Jardine Lloyd Thompson Group

The unrated insurer Berliner Versicherung may not have been licensed to sell UK professional indemnity (PI) insurance, according to the UK watchdog's financial services register.

White Mountains reinsurance arm Sirius is looking to transition Syndicate 1945 to its own Lloyd's managing agency from turnkey provider Asta after its third year of underwriting

325-year-old market may not have a new CEO in situ when outgoing boss Richard Ward retires at year-end, which would mean an interregnum under the leadership of a senior Corporation executive

Global marine insurance premiums increased by 4.9 percent to $33.05bn last year, reflecting an increase in international trade, according to IUMI

Norwegian protection and indemnity (P&I) club Skuld has reported a positive technical underwriting result for the first half of its 2013 financial year.

Lloyd's performance management director Tom Bolt has warned that the marine hull market is in need of an overhaul as vessels continue to increase in both size and value.

Scor is seeking final approval to move its Channel Syndicate 2015 at Lloyd's from turnkey agent Asta to its own managing agency next year.

Berkshire Hathaway Specialty Insurance is aiming to write $5bn of annual premium inside of five years as it targets international growth

The Insurance Insider would like to correct some inaccuracies published in its 9 September article titled ‘Flood-hit Allianz targets flat cat renewal'.