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Insurance
Inga Beale, the chief executive of Lloyd’s, challenged the notion that the growth of global business hubs such as Singapore could be damaging to the London market, and Lloyd’s in particular, in a speech in Singapore today (Tuesday May 12).   12 May 2015
Insurance
A string of recent natural catastrophe events in Australia is expected to materially affect non-life insurers’ upcoming earnings for the fiscal year that ends June 30, 2015, according to AM Best.   12 May 2015
Alternative Risk Transfer
Hiscox enjoyed strong growth in the first quarter of the year with its ILS business and speciality lines portfolio making up for tough market conditions in other lines including its reinsurance business Hiscox Re.   12 May 2015
Insurance
Speciality re/insurer Brit has hired the former chief underwriting officer of IFG to launch a new general liability team for Brit Global Specialty USA.   11 May 2015
Insurance
Re/insurer International General Insurance (IGI), a Dubai-based insurance group with operations in Bermuda and London, recently posted a solid set of results for the first quarter of 2015.   11 May 2015
Insurance
Global insurance rates declined in the first quarter of 2014, driven largely by a continued softening in property rates, according to Marsh’s latest Global Insurance Market Quarterly Briefing.   11 May 2015
Insurance
BB&T Insurance Holdings has agreed to increase its partnership in AmRisc, the largest catastrophe-focused Managing General Agent (MGA) in the US. In a related agreement, BB&T Corporation has agreed to sell American Coastal Insurance Company (ACIC) to certain members of the AmRisc management team.   11 May 2015
Insurance
Italian underwriting agency Marintec has entered into a strategic partnership with PartnerRe Wholesale, the specialist SME division of global reinsurer PartnerRe.   11 May 2015
News
Third Point Re reported a 26.9 percent increase in its net income which reached $50.5 million in the first quarter of 2015, compared with $39.8 million in the same period a year earlier.   8 May 2015
Insurance
Rating agency AM Best has released a new briefing which looks at the impact on the insurance industry, following the earthquake that struck Nepal on April 25, 2015.   8 May 2015

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