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Updated: 1 hour 18 min ago

ILS market robust even as catastrophe bonds suffer losses: Aon

6 September, 2019 - 11:34
The market for Insurance-Linked Securities (ILS) is resilient in 2019 with continued support for new issuance, despite hurricanes and other events leading to a challenging market.

Moody’s flags up insurers facing Dorian impact in vulnerable US states

6 September, 2019 - 10:41
As Hurricane Dorian continues to threaten the southeast US coast, a credit ratings firm has identified the primary insurers that could be most affected.

Chaucer expands Asia Pacific treaty capabilities with AXA XL hire

6 September, 2019 - 10:02
Specialty re/insurer Chaucer has appointed Catherine Soyka as deputy class underwriter for its treaty team in Singapore, as part of its strategy to build a broad marine and non-marine treaty underwriting team to service local clients in the Asia Pacific and Middle East Regions.

Underwriting margins fall slightly for North American property/casualty insurers: Fitch

6 September, 2019 - 09:36
North American property and casualty (P&C) insurers have seen modestly weaker underwriting margins, Fitch Ratings has found.

Capsicum Re bolsters cyber unit with slew of hires following Swiss Re collaboration

6 September, 2019 - 09:34
Specialist reinsurance broker Capsicum Re has made four key appointments for its cyber team in London, following the recent launch of a new holistic cyber reinsurance solution, Decrypt, co-created with Swiss Re.

Beach & Associates continues London wholesale expansion with JLT Re duo

6 September, 2019 - 09:26
Re/insurance broking and advisory firm Beach & Associates has appointed Gavin Johns and Richard Emson to its London wholesale division.

Willis Re names new life & health leader to oversee next phase of growth

6 September, 2019 - 09:15
Willis Re, the reinsurance business of Willis Towers Watson, has appointed Franck Pinette as new leader of its international life & health practice. He succeeds Greg Solomon who is leaving the broker to pursue new career opportunities.

Pioneer expands renewable energy team with HDI hire

6 September, 2019 - 09:10
Pioneer Underwriters has appointed Sam Bishop as an underwriter in its renewable energy team, based in London.

KCC puts Bahamas’ losses from hurricane Dorian at $7 billion; Abaco and Grand Bahama worst hit

5 September, 2019 - 16:15
As hurricane Dorian, now downgraded to a category 3 from category 5, looms over the south east coast of the US, the National Hurricane Center has warned of a “life threatening storm surge, heavy rainfall and tornadoes” affecting the Carolinas.

Data theft from major email provider is most likely cyber catastrophe, finds Guy Carpenter and CyberCube Analytics

5 September, 2019 - 15:47
Data loss from a leading operating system provider could rack up insurance losses of more than $23 billion, according to a study of major cyber risks.

Broker BPL Global hires King-Underwood to build reinsurance expertise

5 September, 2019 - 15:13
Credit and political risk insurance (CPRI) broker BPL Global has brought reinsurance expertise in-house with the appointment of Gregory King-Underwood as director and head of global reinsurance and portfolio solutions.

Gallagher acquires UK landlord and lettings insurer RGA Group, includes RGA Underwriting

5 September, 2019 - 14:47
Gallagher has acquired RGA Group, a UK insurance intermediary specialising in landlords insurance and the lettings industry.

Hiscox appoints Joanne Musselle as new group CUO replacing Richard Watson

5 September, 2019 - 10:44
Bermuda-based re/insurer Hiscox has appointed Joanne Musselle as its new group chief underwriting officer (CUO), replacing Richard Watson.

Technology firm Tremor raises $10m for reinsurance expansion; adds shareholder WR Berkley

5 September, 2019 - 10:43
Insurance technology firm Tremor has raised $10 million in new funding, with industry veteran WR Berkley joining existing backers, including venture capitalist Anthemis Group, the lead investor.

Around £61bn of insurance to migrate from London after Brexit, report finds

5 September, 2019 - 10:41
London insures are transferring as much as £61 billion of business to other financial centres in the European Union, as a result of Brexit.

RKH Specialty hires slew of senior executives from JLT Re, Willis to boost global marine business

5 September, 2019 - 10:40
RKH Specialty, part of the Hyperion Insurance Group, has made a series of senior hires from JLT Re, Willis and Ascot in Asia, and rebranded its Hong Kong-based marine insurance specialist FP Marine to further expand its capabilities in the sector globally.

Marsh taps digital, cyber experts from MS Amlin and Willis to leverage emerging technologies

5 September, 2019 - 10:39
Broker Marsh has recruited senior cyber, cryptocurrency and digital asset insurance experts from MS Amlin and Willis Towers Watson for its UK financial & professional (FINPRO) practice.

AXA XL promotes Howard to develop new UK coverholder commercial strategy

5 September, 2019 - 10:22
AXA XL Insurance has promoted Paul Howard to strengthen its coverholder capabilities in the UK by increasing collaborations and access to its wide product suite.

PCS rolls out catastrophe loss index for Mexico

5 September, 2019 - 10:04
Property/casualty insurance risk information provider PCS, a Verisk Analytics business, has launched its catastrophe loss index for Mexico.

New Dawn Risk launches SME focused cyber attack product

5 September, 2019 - 00:00
New Dawn Risk is offering a new segmented product aimed at covering the risk of cyber attacks in the UK.

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