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Insurance
Towergate COO resigns; AJG exec replaces
The chief operating officer (COO) of Towergate, Michael Rea, has stepped down amid a restructuring of the firm.   27 February 2015
Insurance
Brit becomes lead partner for Ambridge Partners
Brit, the global specialty insurer, will act as lead partner for Ambridge Partners as it increases capacity to $175 million in its transactional liability facility.   16 February 2016
Insurance
Aviva invests in insurtech start-up Neos backed by Munich Re
Connected home insurer Neos said that it secured £5 million in series A investment from Aviva Ventures and backing from Munich Re.   26 May 2017
Insurance
Price Forbes lures Beazley property head
Broker Price Forbes & Partners has hired Jonathan Gray, the former head of global property and executive director of Beazley.   12 November 2015
Insurance
Record-breaking ILS market ripe for significant innovation
Non-life insurance-linked securities (ILS) issuance reached a record breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year. ILS assets under management (AUM) also continue to grow alongside fierce competition from investors.   1 August 2017
Insurance
BHSI lures Clyde & Co exec
Berkshire Hathaway Specialty Insurance (BHSI) has appointed Paul Emerson as head of liability claims in Canada.   21 May 2015
Insurance
Renewal rates remain competitive but decreases slow in the US and Asia
US renewal rates remain competitive on average across all major lines of business in the third quarter of 2016, but US financial and professional liability lines experienced the lowest rate of decline and property lines experiencing the greatest rate of decline, according to Marsh’s Global Insurance Market Index covering the third quarter of 2016.   11 November 2016
Insurance
Aspen board begs shareholders to dismiss Endurance bid
The board of Aspen Insurance has written to the company’s shareholders recommending they reject Endurance’s attempt to force a special general meeting that would pave the way for Endurance to buy the company.   30 June 2014
Insurance
Airline premium, rates on the rise
Airline premium and rates ended 2017 higher than the preceding year for the first time in a decade and the underlying conditions continue to support higher premium and rates in 2018, says David Godley, founder partner of Altitude Risk Partners, a specialist aviation and space underwriting agency.   18 April 2018
Insurance
Retrocession rates jump up to 20% in January renewals
Rate increases in the January 2018 renewals were lower than expected after the significant natural catastrophe losses of the third quarter of 2017 but retrocession catastrophe programmes increased by up to 20 percent, according to a JLT Re market report.   26 January 2018

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