Axa XL
Catlin agrees to sell Insure The Box stake to Aioi Nissay Dowa
Catlin Group has agreed to sell its stake in Box Innovation Group, to Aioi Nissay Dowa Insurance Company of Europe, a subsidiary of Japanese insurance giant MS & AD.
Rival bids for Catlin from Asia and US predicted following XL offer
XL Group’s potential acquisition of Catlin has been billed as positive for both parties, although the bid is expected to flush out interest from Asian and US firms targeting a Lloyd's presence, according to analysts.
Catlin in 'advanced discussions' to sell Insure the Box
Catlin Group has confirmed it is in advanced negotiations regarding the sale of its interest in Box Innovation Group.
XL Group makes offer for Lloyd's insurer Catlin
Catlin Group has confirmed it has received an approach from XL Group.
XL launches chemical weapons product
XL Group's crisis management team has introduced a product covering chemical, biological, radiological and nuclear events.
C-Suite - Insurer: Delivery... not just for Christmas
Action is key to provide good value and communication for customers
XL launches exhibition financial loss product in UK
XL Group has launched its product for financial losses resulting from cancelled or abandoned fine art exhibitions in the UK.
Career development: Catlin CEO leads 2015 candidates for insurance hall of fame
Stephen Catlin is among the nominees to be introduced to the International Insurance Society’s insurance hall of fame for 2015.
Large losses below expectations at Catlin despite aviation disasters
Catlin has achieved third quarter gross written premium growth in line with its business strategy after chalking up a GWP rise of 11% to $4.89bn (£3.1bn) (Q3 2013: $4.42bn) for the period.
Price softening opens door for smaller Lloyd's syndicates to grab market share
Catlin Group’s primary syndicate remains the leading Lloyd’s syndicate in terms of 2013 gross written premium, although its top spot could be under threat as other operations seek to obtain fresh market share.
Catlin cranks up UK General commercial capacity stake as Ageas steps aside
UK General has extended its capacity arrangement with Catlin to include commercial motor in a deal that has signalled the end of Ageas’ relationship with the managing general agent’s commercial arm.
Top 100 UK Insurers 2014: Top 20 insurer profiles
A detailed look at the top 20 UK insurance firms according to AM Best's Top 100 UK Insurers Table, including board members, broker agencies, staff and UK reserves. For full table and map of regional offices see bottom of page.
Top 100 UK Insurers 2013: Top 20 insurer profiles
A detailed look at the top 20 UK insurance firms according to AM Best's Top 100 UK Insurers Table, including board members, broker agencies, staff and UK reserves. For full table and map of regional offices see bottom of page.
Cooper Gay, Willis, XL, Generali and Ace sign up for Netsett pilot
Willis, Cooper Gay Swett & Crawford and Ruschlikon UK members, Ace, XL Group and Generali, have signed up to participate in pilots of Xchanging’s Netsett platform.
XL transfers kidnap and ransom underwriter to Asia
XL Group has transferred kidnap and ransom underwriter Alex Smith to Hong Kong to establish a kidnap and ransom capability in Asia.
Catlin-bound Greensmith replaced by Robinson at RSA
RSA’s global specialty lines director for the UK and Western Europe Paul Greensmith has moved to Catlin Group where he will take on the role of chief underwriting officer for insurance at the firm’s London underwriting hub.
XL swoops for AIG's Latham to head up captive programmes
XL Group has moved to bolster its captive offering with the appointment of Matthew Latham as head of captive programmes.
XL adds fine art and specie to suite of Shariah compliant products
XL Group has extended its support for Shariah compliant managing general agency, Cobalt Underwriting, by adding fine art & specie coverage to its suite of products. The insurer already provides cover for property, construction and financial lines.
Octo MD hails Insure the Box partnership extension
Octo Telematics hopes to capitalise on the broadening pool of telematics users, following the extension of its partnership with Insure the Box, according to managing director Martin Williams.
Catlin replaces RSA as Touchstone capacity provider
Seventeen Group subsidiary Touchstone Underwriting is replacing RSA with Catlin on its list of capacity providers.
C-Suite - Insurer: School's out for summer
Internships offer multiple benefits for both intern and employer – the industry must embrace them
Entry opportunities available as reinsurance market continues to soften
A softening reinsurance market is expected to continue to impact the reinsurance and Lloyd’s subsectors in 2015, according to a note published by Berenberg, which states that previous underperformance presents opportunities.
Telematics M&As tipped to hit peak as Admiral mulls Insure the Box purchase
Rumoured deal follows those involving Wunelli and Ingenie in recent months.
Market Moves - 21/28 August 2014
All the latest job moves in the insurance market.