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Reactions from the global insurance market

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Latest News by Sector

North America

Casualty/liability

  • Ironshore Europe with new XXV Consortium

    27 April 2015

    Ironshore has tied up with Markel and Antares to create a new Lead Umbrella Liability Consortium.

  • North P&I advises on migrant rescue

    27 April 2015

    North P&I Club has advised member shipowners that they should make sure their vessels are prepared for the need to rescue a large number of migrants who are stranded at sea.

Bermuda

Property-catastrophe

  • Claims numbers rise in NSW

    27 April 2015

    Ongoing bad weather in and arround Sydney, New South Wales, could cause complications in claims as a result of flood.

  • BHSI opens for business in Australia

    27 April 2015

    Berkshire Hathaway Specialty Insurance (BHSI) has opened for business in Australia, under the leadership of Chris Colahan

Europe

  • Reputation tops Aon risk survey

    27 April 2015

    The Aon Global Risk Management Survey polled 1,400 risk managers, CEOs and chief financial officers to come up with a top ten list of risks.

  • North P&I advises on migrant rescue

    27 April 2015

    North P&I Club has advised member shipowners that they should make sure their vessels are prepared for the need to rescue a large number of migrants who are stranded at sea.

Financial management

  • Hester salary in spotlight

    27 April 2015

    RSA Insurance CEO Stephen Hester's bonus has again come under scrutiny.

  • More capital raising at Vardia, CEO leaves

    27 April 2015

    Vardia and its CEO have parted company at the same time as the insurer announced that it would be raising an additional NOK100m from shareholders and NOK75m in a Tier 2 loan.

Lloyd's and London Market

Legal and regulation

  • IRS proposes rules on hedge fund reinsurers

    24 April 2015

    The US Internal Revenue Service has published proposed new rules on the tax treatment of hedge funds and their reinsurance affiliates.

  • AIG in $40m ERISA settlement

    24 April 2015

    American International Group (AIG) has reached a preliminary $40m settlement for employees who were imprudently advised to buy AIG stock as part of their retirement plans.

  

            April 2015 
In this month's Reactions
Lloyd's opens in Dubai
Navigators' Stan Galanski
Multaqa: full report
Risk managers raise their game


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