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Updated: 2 hours 5 min ago

Chubb appoints new UK and Ireland financial institutions head post underwriting merger

9 April, 2019 - 08:56
Insurer Chubb has appointed Jonathan Kennett as head of financial institutions for the UK and Ireland and Chubb Global Markets (CGM), the insurer's London Market wholesale and specialty arm.

CEO of Axa UK & Ireland Claudio Gienal launches strategy rethink; talks XL deal

8 April, 2019 - 15:58
With six months under his belt as CEO of Axa UK & Ireland, Claudio Gienal has started a strategy revamp to take the business into the future.

MS&AD's Mitsui Sumitomo creates new global digital hubs in innovation strategy

8 April, 2019 - 15:35
Mitsui Sumitomo Insurance (MSI), a subsidiary of Japanese insurance group MS&AD, has set up two digital hubs in Tokyo and Singapore to support the company's digital transformation strategy.

Gallagher appoints John Thompson as CEO of UK specialty and wholesale

8 April, 2019 - 15:26
Broker Gallagher has appointed John Thompson as chief executive officer (CEO) of the UK’s specialty London market and wholesale businesses.

TigerRisk adds Guy Carpenter MD Kevin Feldman as partner

8 April, 2019 - 14:53
Reinsurance broking and risk/capital management firm TigerRisk has appointed Guy Carpenter's Kevin Feldman as a partner.

Ariel Re swoops for Tokio Millennium Re hire to build marine & energy operations

8 April, 2019 - 14:10
Ariel Re, a subsidiary of Bermuda-based Argo Group, has hired its new head of marine and energy, reinsurance from Tokio Millennium Re.

Allianz appoints new regional underwriting manager from QBE

8 April, 2019 - 14:01
UK general insurer Allianz has appointed QBE's Jon Hesketh for its engineering, construction and power unit.

Indian regulator IRDAI gives approval to 11 cross-border reinsurers for 2019-2020

8 April, 2019 - 11:12
The Insurance Regulatory and Development Authority of India (IRDAI) has granted special approval to 11 cross-border reinsurers (CBR) for the year 2019-20, according to a circular issued on April 04.

Tropical Storm Risk early Atlantic Hurricane forecast predicts 20% drop in activity

8 April, 2019 - 11:07
The Tropical Storm Risk (TSR) agency is forecasting 12 named storms, 5 hurricanes and 2 major (Category 3+) hurricanes between the months of June and November in its April forecast for the 2019 Atlantic Hurricane Season.

European financial reforms strike right balance, says ALFI

8 April, 2019 - 10:43
Provisionally agreed reforms to European financial supervision have hit the right balance between European intervention and national autonomy, according to the Association of the Luxembourg Fund Industry (ALFI).

Berkshire's BHSI to offer transactional liability insurance in Asia, Middle East; hires senior leader from Pembroke

8 April, 2019 - 10:22
Berkshire Hathaway Specialty Insurance Company (BHSI) has launched its transactional liability insurance offering in Asia and the Middle East (AME) under the leadership of a new senior hire from Pembroke.

Munich Re's ERGO sells three insurance subsidiaries to Generali in consolidation strategy

8 April, 2019 - 09:33
Munich Re's primary insurance unit ERGO Group is selling its life, non-life and composite portfolios in Hungary and Slovakia to Italian insurer Generali as part of its international business optimisation strategy.

AIG appoints QBE's Kathleen Zortman to lead global high net worth business

8 April, 2019 - 09:13
American International Group (AIG) has appointed Kathleen Zortman as president and chief executive officer of private client group, general insurance.

Boeing CEO Dennis Muilenburg admits ‘responsibility to eliminate risk’ of Mcas failure in 737 Max planes

5 April, 2019 - 11:08
Boeing has admitted that a failure in its Mcas anti stall system was a factor in the crash of two 737 Max planes as the aircraft manufacturer's CEO said “it’s our responsibility to eliminate this risk”.

Lloyd’s PPL hits 50,000 bind overs in ‘watershed moment’

5 April, 2019 - 10:26
Lloyd’s of London PPL board declared a “watershed moment” as it reported that more than 50,000 risks have been confirmed covered on the digital PPL system.

Munich Re US appoints former Hiscox exec Edelstein as specialty unit COO

5 April, 2019 - 10:04
Munich Reinsurance America, Munich Re's US property and casualty reinsurance subsidiary, has appointed former Hiscox executive Adam Edelstein as chief operating officer (COO) for Munich Re Specialty Insurance, a new commercial insurance unit in North America.

Starr appoints senior casualty leader to manage complex risks

5 April, 2019 - 09:12
Starr Insurance Companies has appointed senior vice president Carmella Capitano as head of primary general casualty-risk management and excess casualty.

Hamilton Re secures $65m for sidecar Turing Re amidst "uncertain conditions" in ILS market

5 April, 2019 - 09:00
Hamilton Re, the re/insurance platform of Bermuda-based holding company Hamilton Insurance Group, has secured $65 million of collateralised capacity through its special purpose sidecar vehicle Turing Re.

Market report: keeping up with technology

4 April, 2019 - 17:10
The technology sector in the UK is booming, and MS Amlin has launched a new product designed specifically for its increasingly complex needs, as Stephen Wares and Richard Coxon of MS Amlin explain to Intelligent Insurer.

Profile: AM Re Syndicate, a unique solution

4 April, 2019 - 17:06
AM Re Syndicate believes the US market is underserved by reinsurers. To solve this problem, the managing general agency is matching US primary carriers with security from Asia using quota share deals, to bring a very different offering to the market, as Intelligent Insurer reports.

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