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Axis Capital to cut jobs and close Australian business

13:21, 07 October 2015
Albert Benchimol: 'The refinements announced today are about strengthening the company’s focus and moving resources to where they can provide the greatest value to brokers and clients'

Bermuda carrier says actions needed to 'support profitable growth' of business

Global Risk Partners hires Bluefin's Thornton

14:02, 07 October 2015
Global Risk Partners: the investment vehicle has brought in Neil Thornton as managing director of retail broking

Neil Thornton to join as managing director of GRP's retail broking business

Insurers failing to keep up with increased catastrophe risk

13:47, 07 October 2015
People sell belongings amid ruined buildings in Port-au-Price, Haiti, following the 2010 earthquake: only 1% of losses from the quake were insured

Gap between insured and uninsured losses has reached $1.3trn, Swiss Re says

Swiss Re Corporate Solutions opens North America marine office

13:39, 07 October 2015

Office will initially focus on ocean cargo insurance

IRB Brasil Re IPO on hold amid economic turmoil

13:39, 07 October 2015
IRB Brasil Re: the reinsurer is reported to have put its IPO plans on hold

IRB Brasil Re not now expected to press ahead with capital-raising initiative

Harmer succeeds Wilkins as head of IAG

12:24, 07 October 2015

Chief executive Wilkins will retire in March 2016


Police collect items at the site of a bomb explosion in Nyanya, Nigeria: militants loyal to Islamic State say they were responsible for the explosion
© 2015 Gbenga Olamikan/AP

Explosions in Kuje and Nyanya kill at least 18 people, with Islamic State in West Africa province saying it was behind attacks


Hurricane Katrina closes in on the US Gulf Coast in 2005: ceding companies should not put off discussing what happens when the next 'big one' hits

It is easy to forget how disruptive a catastrophe can be to reinsurers' business plans


More Reratings


Brisbane: BMS has set up an office in the city, led by Sam Mayne as director of wholesale and facilities

Appoints Sam Mayne as director of wholesale and facilities


American football: a Lloyd's syndicate is making the first payout ever on a US American football injury policy

Payment to be made before end of year


Gearing up for Europe: Compre is targeting a number of acquisitions following CBPE Capital's investment

Private equity investment will provide funds to grow legacy business in Europe

Insurance Day video

Monte Carlo bites: Hamilton's Brian Duperreault

16 September 2015
Monte Carlo bites: Hamilton's Brian Duperreault
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