Search | The Insurer TV

News

People Moves

BHSI launches hub in Paris

Berkshire Hathaway Specialty Insurance (BHSI) has opened an office in Paris, with a license to begin underwriting in France immediately.

Mon 10 Jun 2019

Howden: “You don’t own people” as MMC legal actions mount

News

Legal dispute

Howden: “You don’t own people” as MMC legal actions mount

London and US brokers are capitalising on the fall-out from the $5.6bn JLT acquisition but its new owner is fighting back through the Courts

Mon 10 Jun 2019

Tokio Marine HCC bolsters marine liability team with Skuld’s Knighton

News

People Moves

Tokio Marine HCC bolsters marine liability team with Skuld’s Knighton

Specialty insurer Tokio Marine HCC has named Paul Knighton as marine liability and logistics underwriter.

Mon 10 Jun 2019

News

People Moves

LSM names BGC’s McMurray as CFO

Liberty Specialty Markets has lured Steve McMurray from BGC Partners to take up the role of CFO, with immediate effect.

Mon 10 Jun 2019

Arch in talks to buy Lloyd’s insurer Barbican

News

M&A

Arch in talks to buy Lloyd’s insurer Barbican

Arch Capital is in advanced discussions with Barbican’s backer Carlson Capital over a potential deal to acquire the Lloyd’s insurer and MGA platform, The Insurer can reveal.

Mon 10 Jun 2019

FHCF aims to place $1bn cat cover with flat pricing

News

Property catastrophe

FHCF aims to place $1bn cat cover with flat pricing

The Florida Hurricane Catastrophe Fund (FHCF) is hoping to place its loss-free $1bn reinsurance cover in the next week with broadly flat pricing on a risk-adjusted basis, The Insurer can reveal.

Fri 7 Jun 2019

Hudson joins reinsurance broker Atlantic Intermediaries

News

Casualty Reinsurance

Hudson joins reinsurance broker Atlantic Intermediaries

Former RFIB Americas executive Simon Hudson has reemerged at boutique reinsurance broker Atlantic Intermediaries, The Insurer can reveal.

Fri 7 Jun 2019

Analysis

Executive compensation revolt seen as a welcome phenomenon

*AIG, Argo, Axis and RenaissanceRe all had more than 30% of shareholders oppose their executive compensation **The trend of executive compensation opposition likely to continue, with analysts saying the industry’s expenses are too high ***AIG CEO Brian Duperreault this week commented: “I have to earn my living”

Fri 7 Jun 2019

News

Capital

White Mountains has $1.1bn of undeployed capital

Fresh from its $55mn buy-in to ILS manager Elementum Advisors, acquisitive financial services holding company White Mountains has disclosed that it currently has $1.1bn of undeployed capital, representing 34 percent of its total capital.

Fri 7 Jun 2019

White Mountains paid $55mn for 30% Elementum stake

News

M&A

White Mountains paid $55mn for 30% Elementum stake

White Mountains paid cash consideration of $55mn to take a 30 percent holding in ILS fund manager Elementum Advisors, according to an investor presentation.

Fri 7 Jun 2019

Lloyd’s green-lights D&F premium plan increases

News

D&F

Lloyd’s green-lights D&F premium plan increases

The property direct & facultative (D&F) market is currently pushing Lloyd’s performance management directorate (PMD) hard to be allowed to write more business during the second half of the year, The Insurer can reveal, with some syndicates confident they will receive approval very soon.

Fri 7 Jun 2019

News

German insurtech Getsafe closes $17mn funding

German digital insurer Getsafe has raised $17mn in Series A funding, and expects further funds will follow in the next 12 months to help its expansion into the UK market.

Fri 7 Jun 2019

News

Losses

IG likely to swerve recent P&I losses

The International Group is expected to avoid two significant losses that have hit the protection and indemnity (P&I) marine market in recent weeks, The Insurer can reveal.

Fri 7 Jun 2019