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Updated: 42 min 20 sec ago

Allianz hires AIG's Claudia Salem as new CEO of property/casualty in Asia

1 March, 2019 - 09:56
Allianz has appointed Claudia Salem as its new chief executive officer, property & casualty for Asia Pacific.

TigerRisk recruits JLT Re's Florida market reinsurance expert David Unsworth

1 March, 2019 - 09:53
Reinsurance broking and risk/capital management firm TigerRisk Partners has hired a Florida market reinsurance veteran from Jardine Lloyd Thompson Group (JLT).

Cincinnati closes £102m acquisition of Munich Re subsidiary MSP Underwriting

1 March, 2019 - 09:50
Cincinnati Financial Corporation has completed the acquisition of MSP Underwriting from Munich Re. The all-cash transaction values £102 million.

What ILS funds must learn from Irma

28 February, 2019 - 17:06
Despite a multitude of other catastrophes in 2018, the single biggest loss event for reinsurers was so-called loss creep from 2017’s Hurricane Irma. Dirk Lohmann of Schroders examines what went wrong and what the industry must learn.

Third Point Re swings to loss in 2018 due to 'challenging investment conditions'

28 February, 2019 - 16:22
Bermuda-based reinsurer Third Point Re posted a net loss for both the fourth quarter 2018 and the full year, driven by "poor investment performance combined with modest catastrophe losses", according to its CEO Rob Bredahl.

LMA CEO Cameron makes ‘seamless digitisation’ 2019 priority

28 February, 2019 - 16:06
Lloyd’s Market Association (LMA) CEO Sheila Cameron said “the pursuit of seamless digitisation” was a priority for 2019, as she spoke to leaders from the Lloyd’s managing agency community at the association’s annual lunch.

RSA 2018 results show firm ‘exposed to more volatility than expected’

28 February, 2019 - 15:39
RSA group CEO Stephen Hester welcomed the insurer’s increased headline profits in its 2018 results, but he said that at an underlying level the results were down and that the firm was taking decisive action to ensure a return to form in 2019.

HDI Global snaps up Neon Underwriting’s bloodstock team

28 February, 2019 - 15:33
HDI Global Specialty, a creation of a merger of the specialty lines activities of Hannover Re and HDI Global, has acquired Neon Underwriting’s bloodstock team. 

Davies unveils senior promotions to drive growth and investment

28 February, 2019 - 15:26
Insurance service provider Davies Group has unveiled senior promotions to accelerate its investment and rollout plans, following minority investment from Alberta Investment Management Corporation (AIMCo).

Skuld to cease Lloyd's syndicate 1897 as profits slip; expects job cuts

28 February, 2019 - 15:18
Marine insurance provider Skuld will cease underwriting business from its Lloyd's syndicate 1897 in a move the company hopes will 'improve its profit potential', but will lead to role reductions and some staff departures in London.

The secrets to a successful MGA—and a warning

28 February, 2019 - 15:15
More managing general agents are being created all the time. But what will determine which succeed and which fall by the wayside? Intelligent Insurer investigates.

Greenlight Re CEO Burton bemoans 'weak' 2018 performance as losses continue

28 February, 2019 - 11:20
Hedge fund-backed Greenlight Re's CEO Simon Burton admitted "weak" performance in 2018 as the reinsurer posted a loss in both its fourth quarter 2018 and full year results, but remains optimistic about the company's positioning and its value-investing strategy.

Liberty Mutual 2018 results show strong premium growth

28 February, 2019 - 11:16
Liberty Mutual reported strong premium growth as its chair and CEO David Long, welcomed “improved” market conditions and “robust” international growth.

Munich Re picks insurtech CyberCube to boost cyber risk analytics

28 February, 2019 - 11:12
Reinsurer Munich Re has selected insurtech CyberCube's analytics platform to help quantify, model and control cyber accumulation risk.

Beazley, Marsh launch new cyber and breach cover for manufacturers

28 February, 2019 - 10:55
Specialist insurer Beazley and broker Marsh have teamed up to launch a new cyber insurance cover and breach response, designed specifically for manufacturers.

SCOR unveils swathe of senior promotions at Global Life unit

28 February, 2019 - 10:51
French reinsurer SCOR's international life and health subsidiary SCOR Global Life has made a series of promotions across its global markets, finance, and research and development (R&D) units.

Selling the benefits of diversity

28 February, 2019 - 10:48
Potential buyers need to be persuaded about the benefits of diversity, says Clive O’Connell, partner, head of insurance and reinsurance at McCarthy Denning.

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