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Reinsurers capital position 'robust' despite slump in profits due to COVID-19: Aon

Intelligent Insurer News - 23 September, 2020 - 15:44
New data shows capital rebounds to 2019 levels after strong markets recovery in the second quarter of 2020.

BMS expands global PE and M&A division with senior hire from Aon

Intelligent Insurer News - 23 September, 2020 - 15:44
The new hire specialises in placements of transaction liability solutions in the North American market.

CAC Specialty bolsters tax insurance unit with new hire

Intelligent Insurer News - 23 September, 2020 - 14:49
The company says its corporate clients are increasingly using tax insurance as a risk management tool.

Reinsurance Association of America appoints new chair from Markel

Intelligent Insurer News - 23 September, 2020 - 14:35
The appointee is the president and chief underwriting officer of Markel Global Reinsurance.

Former JP Morgan and KPMG leaders join London-based Quantexa

Intelligent Insurer News - 23 September, 2020 - 14:23
The new advisors will support the company's global growth drive following its $65m Series C funding.

IUA replaces SCOR's Newman with Aviva's Tiernan as chairman

Intelligent Insurer News - 23 September, 2020 - 14:23
The association has appointed two new deputy chairmen from Zurich and Liberty Specialty Markets.

Howden buys A-Plan Group to create £4bn 'UK broking powerhouse'

Intelligent Insurer News - 23 September, 2020 - 11:23
The deal is expected to create one of the UK’s largest insurance brokers managing over £4bn of GWP for 1.5m clients.

COVID-19 to fuel cyber losses and insurance price rise, finds Willis Re survey

Intelligent Insurer News - 23 September, 2020 - 11:14
A large majority of respondents think pricing for cyber insurance will increase post-pandemic.

AXA XL picks Salter to lead risk consulting strategy globally

Intelligent Insurer News - 23 September, 2020 - 10:44
The re/insurer says loss prevention has never been more important as COVID-19 crisis continues to challenge the way companies operate.

Ransomware claims reduced by 65% with automated RDP risk detection, claims insurtech Corvus

Intelligent Insurer News - 23 September, 2020 - 09:36
Corvus says the remote desktop protocol (RDP) exposures are a leading cause of ransomware attacks.

Everest Insurance names key executives to drive global strategy

Intelligent Insurer News - 23 September, 2020 - 09:33
The new appointments include chief underwriting officer of global markets from Allied World Assurance.

Peak Re boosts capital markets unit with ex-Willis Re, Pioneer hire

Intelligent Insurer News - 23 September, 2020 - 09:32
The new hire has served as head of capital at Pioneer, and head of ILS practice at Willis Re.

UPC Insurance reveals $135m cat hit for Q3 2020

Intelligent Insurer News - 23 September, 2020 - 09:32
The catastrophe losses include claims from six new named windstorms and other events.

FCA proposes regulatory changes to tackle 'harmful' insurance pricing practices

Intelligent Insurer News - 22 September, 2020 - 15:34
Willis and Moody's warn the proposals could lead to less effective competition, profit erosion and worse consumer outcomes.

PartnerRe bolsters retro team as catastrophe market shifts

Intelligent Insurer News - 22 September, 2020 - 14:28
The reinsurer has hired experienced retro underwriters from Twelve Capital and Guy Carpenter in Bermuda.

Belgium top pick for EU entity as brokers get Brexit ready, claims survey

Intelligent Insurer News - 22 September, 2020 - 14:05
LIIBA says it's not surprising that nearly a quarter of broking houses have chosen Belgium for their EU entity.

AXA strikes travel deal with Puffin Insurance

Intelligent Insurer News - 22 September, 2020 - 14:05
AXA Partners UK & Ireland will underwrite Puffin’s travel insurance policies.

Joint report on the future of reputational risk

Intelligent Insurer News - 22 September, 2020 - 12:43
The report draws on interviews with leading risk leaders in US and Europe.

Airmic and Control Risks report on pandemic crisis management

Intelligent Insurer News - 22 September, 2020 - 12:42
The new report highlights lessons from the COVID-19 crisis.

Airmic D&O and renewals study reveals buyers’ dissatisfaction

Intelligent Insurer News - 22 September, 2020 - 12:36
The survey found dissatisfaction that goes beyond hard market prices.

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