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Updated: 1 hour 46 min ago

Cyber attacks top worries poll for European and US businesses: World Economic Forum

1 October, 2019 - 15:40
Fear of cyber attacks has topped the list of worries for European and US businesses for the second year running, in a poll conducted by the World Economic Forum.

Lloyd’s Blueprint could slash costs from 40 to 30 percent: Peel Hunt

1 October, 2019 - 15:36
The Corporation of Lloyd’s has estimated that the digitisation and simplification of the Lloyd’s Market, via its Blueprint, could reduce the cost of doing business from the current high 40 percent of premiums down to 30 percent.

Insures in southeast Asian urged to upgrade legacy systems to remain competitive: ASEAN Insurance Pulse

1 October, 2019 - 15:14
Insurance executives in southeast Asian markets are taking a “measured approach” to digitisation, choosing to concentrate on digitising their existing value chains, according to the latest Insurance Pulse survey for the region.

Allianz Global Corporate & Specialty appoints Kang as global head of reinsurance and catastrophe risk management

1 October, 2019 - 11:29
Allianz Global Corporate & Specialty has appointed a new global head of reinsurance and catastrophe risk management Hyeji Kang.

MS Amlin to divest non-core activities and focus on key markets with more emphasis on high-value reinsurance

1 October, 2019 - 10:55
Global re/insurer MS Amlin is to sell off non-core businesses and focus on three key underwriting markets, with more emphasis on high value reinsurance.

LMA, FOIL welcome Lloyd’s Blueprint One but highlight caveats for success

1 October, 2019 - 10:47
The success of Lloyd’s Blueprint One will depend on “our ability to innovate and evolve our model” to ensure the market continues to offer outstanding underwriting products and services to our customers,'' according to Sheila Cameron, Lloyd’s Market Association CEO.

Lloyd’s launches Blueprint One to build ‘most advanced’ insurance market in world

1 October, 2019 - 10:37
Lloyd’s launched its Blueprint One strategy yesterday (September 30) to “create execution certainty through phased delivery” in a bid to “build the most advanced insurance marketplace in the world”.

Hamilton brings Third Point Re's Steve Wilson to build new US reinsurance platform

1 October, 2019 - 10:16
Bermuda-based Hamilton Insurance Group has appointed Steve Wilson as senior vice president, head of casualty & specialty for its new US reinsurance platform.

Armour Group appoints Yulia Bruskova as group chief risk officer

1 October, 2019 - 09:48
Bermuda-based Armour Group has appointed Yulia Bruskova as group chief risk officer.

CIAM slams SCOR’s Quantum Leap strategy in renewed criticism

30 September, 2019 - 16:07
Activist investor CIAM has criticised SCOR’s Quantum Leap strategy, launched in early September, as “nothing innovative”, claiming it “mainly relies on new accounting standards (IFRS17) to revalue the reinsurer by 2021, without significant intrinsic value creation”.

Declining rates and rising claims hit African reinsurers’ profits, says Africa Reinsurance Pulse

30 September, 2019 - 16:05
Lower rates and higher claims are denting the profits of reinsurers in Africa, who are also worried about political uncertainties.

Insurtech firm Policy Expert wins digital technology and ecommerce awards

30 September, 2019 - 15:55
Insurtech firm Policy Expert has scooped two industry prizes: one for digital technology, and the other for ecommerce.

Cyber attacks on the rise — but companies still unprepared to tackle major threat

30 September, 2019 - 15:51
Cyber risks are the top concern among businesses of all sizes, but nearly half of them still don't have proper insurance coverage or risk management measures in place to address possible exposures, reveals a new survey by property/casualty insurer Travelers.

CAC Specialty hires JLT talent to lead portfolio solutions group

30 September, 2019 - 15:42
Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has appointed André Eichenholtz as the leader of its portfolio solutions group.

Where ILS and ESG intersect

30 September, 2019 - 14:03
The Bermuda Stock Exchange has launched an environmental, social and governance initiative that aims to enable sustainable and responsible growth for its member companies and the wider community. Greg Wojciechowski caught up with Intelligent ILS to explain what this means for the exchange and the ILS markets.

Models: what really matters

30 September, 2019 - 12:43
William Dubinsky, managing director & head of ILS at Willis Towers Watson Securities, takes a look at model clarity and other issues facing the ILS market.

Insured losses for Typhoon Faxai are between $5bn and $9bn, as Olympics approach in Japan: RMS

30 September, 2019 - 11:34
Insured losses for Typhoon Faxai, which has caused widespread disruption to Tokyo and surrounding areas in Japan, will be between $5 billion, and $9 billion, according to a global risk modeling and analytics firm RMS.

Typhoon Mitag expected to grow in intensity as it moves past Taiwan on a northward track: Aon

30 September, 2019 - 11:05
Typhoon Mitag has prompted weather warnings in Japan and China as it grows in intensity, tracking northward off the south-southeast coast of Taiwan.

E&S lines premium growth accelerates in response to 'underwhelming' underwriting results: Fitch

30 September, 2019 - 10:59
According to a new report by Fitch Ratings, the excess and surplus (E&S) lines market in the US grew 15 percent in the first half of 2019 - a trend it says will continue in the near future.

HDI Global looks to AIG for new chief underwriting officer in Switzerland

30 September, 2019 - 10:32
Industrial lines insurer HDI Global SE has appointed Thomas Stamm as the new chief underwriting officer (CUO) property/Casualty of its Swiss branch.

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