Axa XL
C-Suite - Insurer: Innovation in insurance
Contrary to a commonly held view, the insurance industry is making great strides.
Cobalt selected as ‘insurer of preference’ for Paramount Resort
Shariah-compliant managing general agent Cobalt Underwriting has been selected as the preferred insurer for the £3bn London Paramount Entertainment Resort in Kent, Post can reveal.
Hiscox in ongoing talks with PRA over stress test concerns
Hiscox is engaged in ongoing discussions with the Prudential Regulation Authority about concerns it has with its insurance stress test and is calling for a simulation of a large loss scenario to take place in the first half of 2016.
Europe: Time to tune up D&O policies in Spain
XL Catlin's Estefania Taboada looks at the impact of new company governance rules on Spanish D&O policies.
More mega mergers expected as low interest rates and investment returns fuel M&A
Weak investment returns and ongoing soft market conditions have been cited by AM Best as driving factors behind an uptick in acquisitions activity among insurance companies that are seeking to deploy capital and create scale.
UK General CEO says its 'early days' on schemes business approaches
UK General has not made a decision on any sale of its schemes business, according to CEO Peter Hubbard.
British Insurance Awards 2015: The winners
AIG, LV and Wilby were among the big winners at the British Insurance Awards – collecting two gongs apiece.
Market Moves - 2 July 2015
Find out the movers and shakers in the insurance industry this week.
Collier to join Berkshire Hathaway as head of claims Asia-Pacific
Tim Collier, former regional claims manager at Catlin Singapore, is joining Berkshire Hathaway Specialty Insurance later this year.
Recycling: A smoking gun
The plumes of smoke staining the skyline are often signs that a scrap metal yard or warehouse full of recyclate has caught fire. While it’s a distraction for the bored commuter, this troublesome sector leaves underwriters scratching their heads.
XL Catlin and Bell Pottinger offer Asia product recall media support
XL Catlin's product recall team is partnering with PR company Bell Pottinger in Asia to offer help with the media in a crisis.
FP Marine's Bilney: 'Cargo rates are softest in my career'
Philip Bilney, CEO of Hong Kong-based marine specialist broker FP Marine, has warned that cargo rates are the softest he has seen in more than 30 years in insurance.
Guest promoted at XL Catlin in Singapore
David Guest, formerly underwriting manager, crisis management at XL has been promoted at newly formed XL Catlin.
AA tipped to acquire XL Gibraltar arm to launch motor insurer
The AA has been tipped to swoop for XL Insurance (Gibraltar) in order to launch its new motor insurer.
XL Catlin begins 'bold new world' marketing campaign
Following the completed merger of XL and Catlin, the combined entity XL Catlin has launched an "insurance for a bold new world" marketing campaign.
XL Catlin company name to be launched as protracted takeover is concluded
The takeover of Catlin by XL will result in the combined entity being marketed as XL Catlin as part of a global advertising campaign to be launched next week.
Scheme of arrangement for XL's takeover of Catlin becomes effective
The scheme of arrangement under section 99 of the Companies Act 1981 pursuant to which XL Group has acquired the entire issued and to be issued share capital of Catlin Group has become effective.
Quotas not seen as the cure for lack of London market diversity
London market professionals have acknowledged more needs to be done to overcome its historic lack of inclusivity, but have stopped short of backing a quota system as a means to increase diversity in the marketplace.
C-Suite Insurer: It’s a question of time
Don’t switch off. This is not a party political broadcast
Brit syndicate growth highlights Lloyd's desirability for M&A buyers
Gross written premium growth experienced by Brit's sole Lloyd's syndicate in 2014 is a marker of the continuing attractiveness of having a sizeable Lloyd's platform for companies seeking a third party buyer, according to market analysts.
Career File - Nick Sinfield: Ex-Catlin Syndicate CEO joins Tokio Marine Kiln
Tokio Marine Kiln has appointed former Catlin Syndicate CEO Nick Sinfield as its new head of group claims.
Brit syndicate bolsters position at Lloyd's as QBE slips down GWP list
The axing of unprofitable business by QBE has seen the insurer’s largest individual Lloyd’s syndicate plummet in terms of its top ten standing by gross written premium, as Brit moves up the rankings.
LMA launches first competitive board election for three years
Eight candidates are fighting it out for six positions on the Lloyd’s Market Association’s governing body in what will be LMA’s first competitive election since 2012.