Europe
We provide extensive on Europe's major re/insurers
FCA targets ‘reddest of flags’ as non-financial misconduct rules come into effect
Regulator will investigate whether insurers and broker are discouraging abusive behaviour and adopting proper oversight and disciplinary procedures
MS Re hires TransRe’s Mollinier to lead specialty lines
Executive succeeds Jörg Bruniecki, who was appointed chief underwriting officer at Switzerland-based reinsurer
Establishing fraudulent breach of warranty: where does Veranova leave W&I insurers?
Veranova decision underscores the high threshold for proving fraudulent breaches in sale transaction
Perils pegs Europe SCS insured losses at €2.2bn
Loss aggregator says magnitude of loss is ‘striking’
Bermudians lead as insurance stocks enjoy strong week
RenaissanceRe and Everest Group shares rise more than 4% as re/insurance stocks gain 1.8% on average
Bridgehaven inks capacity deal with MGA Amiga
Partnership will initially focus on selected financial lines classes
MS Amlin held talks with Saudi EXIM over state war risk scheme
Meetings earlier this year proved inconclusive, say market sources
Ardmore collapse ‘a blow to UK surety market’
Construction firm’s collapse could dampen sentiment and keep prices higher and surety bond terms more restrictive, according to Gallagher
English courts move to streamline costs and disclosure regimes
A refined disclosure regime is necessary to ensure London maintains its status as a major dispute resolution hub
UK warned of tax challenge to captives push
Proposals provide ‘a competitive proposition’ but UK’s tax regime could be a barrier, rating agency says
Tysers owner reports record earnings
‘Robust growth’ in Tysers’ marine and aviation broking drives AUB Group’s international revenues up 6.2% in last financial year
MS Amlin makes direct cyber push with senior appointments
The Lloyd’s carrier names Alex Jomaa as head of cyber and Monica Tigleanu as lead underwriter
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