Commercial Lines – Page 98
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NewsExor sees off AXIS to buy PartnerRe for $6bn
AXIS will receive a $315m break-up fee from PartnerRe as a result of merger agreement being terminated
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NewsNew MGA Pelican enters UK solicitors’ PI market with Munich Re
Munich Re division Great Lakes to provide capacity to newly formed underwriting agency
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Zurich/RSA deal should focus on strengthening specialty offerings
But brokers warn that consolidation based on commoditisation of business would be negative
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NewsLloyd’s chairman joins prime minister’s advisory group
L&G chief executive Nigel Wilson also appointed to new group
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Online onlyBeazley’s profits surge 16% despite rates pressure
Premiums generated by US underwriters rise 25%
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NewsTokio Marine Kiln launches Lloyd’s aviation consortium
Consortium also includes Allied World, Amlin and Hiscox
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NewsLloyd’s insurer Marketform hires QBE cargo underwriter
Company names Alistair Marriott cargo class underwriter and deputy head of marine
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NewsWillis GB’s Nicolas Aubert joins LIIBA board
Aubert also appointed as LIIBA representative of the London Market Group
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Online onlyFormer Towergate broker Matthew Pini joins Direct Insurance
Pini joins the company after 3 years at Towergate
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NewsWillis deputy chief exec Steve Hearn joins Cooper Gay Swett & Crawford
Hearn will join Cooper Gay Swett & Crawford as group chief executive on 2 November
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NewsAscot's Pepper tops poll of London market underwriters
Dominick Hoare rated best underwriter by his peers in survey
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NewsLloyd’s capacity falls for first time in 10 years – Aon Benfield
Decline due to discipline in tough conditions, broker says
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NewsRandall & Quilter swings to £1.6m pre-tax loss in 2014
Insurer hit by deterioration in net provisions for asbestos in R&Q Re in the US and poor underwriting conditions
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NewsCrawford & Company launches expanded aviation team
New set-up follows acquisition of GAB Robins
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NewsAirmic 2015: Guide to help risk managers understand business insurance launched
Campaign to put risk management and insurance on boardroom agendas has made big strides – Airmic chief exec John Hurrell
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NewsAirmic 2015: Businesses are failing to take risk management culture seriously - QBE
QBE risk solutions head Richard Thomas says there is an opportunity for industry to support smaller firms who are worst performers
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NewsGovernment launches Pool Re insurance scheme for busy public venues
Businesses that own busy public sites have been promised better insurance deals for improving security against terrorism
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NewsAEGIS makes internal promotion for managing director role
David Croom-Johnson replaces Stuart Davies who has joined Canopius as group chief executive
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NewsInsurers scrutinise cyber policies amid personal liability risk to directors
Declining rates and rising risks of D&O cyber liability could impact insurer margins
