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Updated: 23 min 36 sec ago

Lloyd’s: a battle fought on many fronts

10 October, 2019 - 15:36
Few disagree that John Neal, the chief executive of Lloyd’s for a year, has done much to move the market in the right direction. But the sheer scale and complexity of his task raises questions of whether the overall war can be won. Intelligent Insurer gauged the views of the market around the future of Lloyd’s.

Gross Written Premiums rise 8% to £28.4bn in London company market

10 October, 2019 - 15:06
Gross written premiums (GPWs) in the London company market rose more than 8 percent to £28.4 billion in 2018, helped by improved market conditions, said the International Underwriting Association (IUA).

Marsh appoints Bryce Check and Anna Whitfield UK real estate practice

10 October, 2019 - 14:48
Insurance broker and risk adviser Marsh has appointed Bryce Check as business relationship director and Anna Whitfield as a client service director in the UK Real Estate Practice.

German reinsurers Deutsche Ruck and Vov Ruck commit to sustainable investment principles

10 October, 2019 - 14:41
Reinsurers Deutsche Rückversicherung Group (Deutsche Ruck) and VöV Rückversicherung KöR (Vov Ruck) have made a commitment to sustainable investing and certain other principles by signing up for the Principles for Responsible Investment (PRI).

World Federation of Exchanges board reelects Wojciechowski

10 October, 2019 - 14:21
The World Federation of Exchanges (WFE) has reelected Bermuda Stock Exchange (BSX) president and CEO Greg Wojciechowski to serve a second term as the representative of the Americas region.

New Geneva Association and IFTRIP task force to address emerging cyber terror risks

10 October, 2019 - 11:06
The International Forum of Terrorism Risk Reinsurance and Insurance Pools (IFTRIP) and the insurance industry think tank Geneva Association (GA) are launching a joint task force on cyber terrorism and cyber warfare.

England rugby match cancelled due to super typhoon Hagibis in Japan

10 October, 2019 - 10:56
England's World Cup rugby match against France, scheduled for Saturday, has been cancelled due to super typhoon Hagibis in Japan.

Lloyd’s of London chair Carnegie-Brown joins insurtech Cuvva

10 October, 2019 - 10:49
UK-based insurtech start-up Cuvva has appointed Lloyd's of London chaiman Bruce Carnegie-Brown to chair its board, succeeding Nick Parker.

Munich Re US appoints Kuchma COO of reinsurance division

10 October, 2019 - 10:21
Munich Reinsurance America, a subsidiary of Munich Re, has appointed Anita Kuchma as chief operations officer (COO) of its reinsurance division.

Tokio Marine reveals new co-CFOs and next group chief executive of TMK

10 October, 2019 - 10:15
Specialty insurance group Tokio Marine HCC has appointed Sharon Brock and Tom Weist as co-chief financial officers, replacing Brad Irick who has been named the next group chief executive officer of Tokio Marine Kiln (TMK).

AIG names John Panagakis CEO of investment manager FPCM

10 October, 2019 - 10:07
American International Group (AIG) has appointed John Panagakis as chief executive officer (CEO) of its fixed income investment manager, First Principles Capital Management (FPCM).

Google-backed life insurtech Ethos bolsters executive team

10 October, 2019 - 08:58
San Francisco-based new life insurer Ethos, which uses predictive analytics and data technology to eliminate traditional barriers to life insurance, has expanded its executive team with the hiring of Old Mutual's Brett Wilson as the company’s first vice president of risk & actuarial.

Aon sets up Global Wholesale Committee to ‘enhance the flow of business coming into the London and wider wholesale market’

9 October, 2019 - 15:51
Aon, the global professional services firm, has formed a new Global Wholesale Committee to enhance client services and grow the firm’s already strong relationships within London and the broader wholesale reinsurance market.

Businesses struggle to manage supply chains: Airmic

9 October, 2019 - 15:31
Businesses are struggling to manage global supply chains, due to a combination of geopolitical tensions, climate volatility and technological dependencies.

Typhoon Hagibis threatens England rugby match and Formula 1 in Japan

9 October, 2019 - 15:17
Typhoon Hagibis in Japan has changed course and could now affect the England-France rugby match and the Formula 1 Japanese Grand Prix.

Climate change worries for insurers escalate as activists buy company shares - AXA XL

9 October, 2019 - 14:54
Climate change is the biggest worry for many insurers in the Directors & Officers (D&O) liability sector, with shareholding activism exacerbating the problem.

Resisting the seduction of models

9 October, 2019 - 14:10
The nat cat loss experiences of 2017 and 2018 have shown the weaknesses of relying upon a standardised external model without internal enhancement through the application of expert judgement and actuarial technique. Dirk Lohmann of Schroders investigates the solutions.

Argo gets subpoena from US regulator over executive compensation; begins board review

9 October, 2019 - 11:03
Bermuda-based Argo Group International Holdings has confirmed that its independent directors are conducting a "review of governance and compensation matters" as part of its "board refreshment" process.

James River cancels auto insurance for Uber subsidiary Rasier over profit concerns

9 October, 2019 - 10:28
Bermuda-based James River Group Holdings has given notice of early cancellation of all insurance policies issued to Rasier - its largest customer and an affiliate of ridesharing company Uber Technologies.

Talanx to automate claims process using robotics and artificial intelligence

9 October, 2019 - 10:01
German re/insurer Talanx, the parent company of Hannover Re and HDI, has entered into a strategic partnership with intelligent automation software WorkFusion to accelerate digitalisation in insurance claims process.

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