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Insurance
Chaucer poaches XL Catlin exec for political risk team
Chaucer, a specialist Lloyd’s insurance group, has appointed Jonathan Bint as political risk underwriter & analyst.   13 May 2016
Insurance
Global multiline insurers better equipped for challenges: S&P
Standard & Poors (S&P) has said it believes the group of insurers best positioned to withstand the industry's top challenges are global, diversified players, according to a new report it has released.   13 May 2016
News
Markel CATCo hires AIR exec for actuarial role
Markel CATCo, the reinsurance and retrocession linked investment and fund manager, has strengthened its actuarial capability with the senior appointment of specialist actuary Alissa Fredricks.   13 May 2016
News
European reinsurers well placed in new Solvency II world
The major reinsurers of Europe have strong levels of solvency – or coverage – in terms of their capital adequacy under Solvency II, according to Fitch Ratings.   12 May 2016
Insurance
Insurers are still grappling with Solvency II, warns Fitch
Almost six months after the introduction of Solvency II, the insurance market is still coming to terms with the changes that Solvency II has – and will – bring in, according to Fitch Ratings.   12 May 2016
Insurance
UK P&I Club maintains stable capital position
The UK P&I Club (The Club), a provider shipping protection and indemnity insurance, has reported that its capital position maintained stable for 2015, despite difficult investment markets.   12 May 2016
Insurance
Novae posts strong Q1 growth despite falling rates
Novae Group, a specialist Lloyd’s insurance group, posted a 9.8 percent increase in its gross written premiums (GWP) for the first quarter of 2016. The increased to £282.8 million, compared with £257.6 million in the first quarter of last year.   11 May 2016
Insurance
Everest Re launches Alternative Solution Group
Everest Re Group has formed the Alternative Solution Group at Everest Specialty Underwriters, a division of Everest Insurance.   10 May 2016
Insurance
Alberta wildfires could be costliest catastrophe ever for Canada P/C industry
The ongoing wildfires that have hit the Northern Canadian city of Fort McMurray, Alberta could be the costliest ever catastrophe to impact the Canadian property/casualty market, according to AM Best.   9 May 2016
Insurance
Fairfax losses fueled by poor investment results
Fairfax Financial Holdings has reported a net loss of $51.0 million in the first quarter of 2016, compared to net earnings of $225.2 million in the first quarter of 2015, reflecting a net loss on investments, partially offset by a lower provision for income taxes and increased interest and dividend income.   29 April 2016

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