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Insurance
RFIB poaches three marine specialists from Ed for Asia expansion
RFIB Group, a Lloyd’s re/insurance broker, has appointed Paul Leith-Smith, Giles Penfold and Will Hawkins to its newly formed south-east Asia marine cargo team.   7 November 2016
Insurance
Willis Towers Watson reports loss in Q3 as integration costs hit
Willis Towers Watson reported a net loss of $32 million in the third quarter of 2016, compared to a pro forma net income attributable to Willis and Towers Watson of $209 million for the prior-year quarter.   4 November 2016
Insurance
RSA grows core businesses but cat losses hit
RSA Insurance Group has increased its net written premiums across its core business in the nine-month period ending September 30, but results were impacted by cat losses.   4 November 2016
Insurance
Lancashire's improves profits, shrinks book, stresses cycle management
Lancashire Holdings enjoyed improved profits in the third quarter of 2016, however, its business shrunk slightly as it stressed the need to manage the cycle through tough market conditions.   3 November 2016
Insurance
EXCLUSIVE: Start-up insurance provider to raise £1m to conquer UK market
Digital Risks, a London-based start-up selling insurance cover online, is looking to raise £1 million from venture capital firms to fund its UK expansion while preparing to target clients in continental Europe.   2 November 2016
Insurance
Allied World prepared to shrink to protect profits; won’t rule out M&A
Allied World is shrinking its business in P&C, aviation and marine in order to protect profitability – but its CEO has not ruled out growth via mergers & acquisitions (M&A).   2 November 2016
Insurance
Aspen acquires Puerto Rican MGA in marine expansion
Aspen Insurance, the insurance segment of Aspen Insurance Holdings, has acquired Blue Waters Insurers, a specialist marine managing general agency (MGA), based in San Juan, Puerto Rico.   1 November 2016
Insurance
Markel enters marine professional indemnity market with MGA acquisition
Specialist insurer Markel International has acquired Galleon, a London-based managing general agent (MGA) specialising in marine professional indemnity and cargo liability business.   1 November 2016
Insurance
Reinsurers hope for an unidentified event to harden rates
As much as reinsurers might wish for a big loss to trigger a hard market, that is unlikely given the capital waiting in the wings.   1 November 2016
Insurance
Quantifying the fear factor to end the soft market
As much as reinsurers might wish for a big loss to trigger a hard market, that is unlikely given the capital waiting in the wings. In fact, only the fear generated by an unpleasant surprise would change the current market dynamic, Intelligent Insurer hears.   1 November 2016

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