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Updated: 2 hours 21 min ago

Aon hires Gero Michel from Chaucer to lead UK & EMEA analytics for reinsurance solutions

2 September, 2019 - 15:00
Re/insurance broker Aon has appointed Gero Michel to lead UK & EMEA analytics for its reinsurance solutions business.

Crawford appoints new UK & Ireland president

2 September, 2019 - 14:49
Crawford & Company, a provider of claims management solutions, has appointed Lisa Bartlett as new president of UK & Ireland, replacing Clive Nicholls who is retiring from the company at the end of September.

Reinsurers in for a major stress test if Hurricane Dorian losses exceed Irma's: S&P

2 September, 2019 - 11:30
Reinsurers and alternative capital will bear the majority of losses caused by Hurricane Dorian if the Category 4 storm makes landfall in densely populated areas of the Florida peninsula, warns rating agency S&P Global.

Swiss Re partners with Capsicum Re on new cyber reinsurance solution Decrypt

2 September, 2019 - 10:52
Swiss Re and specialist reinsurance broker Capsicum Re have teamed up to co-create a new 'holistic' cyber reinsurance solution that they hope will set the standard for the industry while helping insurers better manage their silent cyber exposures and risks.

AXA XL promotes Steven Farr to global head of upstream energy

2 September, 2019 - 10:34
AXA XL Insurance has promoted Steven Farr to global head of upstream energy, based in London.

ArgoGlobal pulls Syndicate 1200 from Asia, most hull underwriting globally to improve profitability

2 September, 2019 - 10:22
Lloyd's insurer and member of Argo Group, ArgoGlobal, has revealed its plans to exit Syndicate 1200 underwriting operations in Asia in a bid to "improve profitability" of the overall business.

Lloyd's broker MNK Re launches residual value insurance centre

2 September, 2019 - 10:16
Specialist Lloyd’s broker MNK Re has launched a residual value insurance (RVI) centre of excellence with the appointment of Robert Prince as practice leader.

PERILS swoops on Swiss Re's Takashi Goda to expand in Japanese market

2 September, 2019 - 09:59
Zurich-based catastrophe insurance data provider PERILS has appointed Takashi Goda as senior advisor for Japan.

Significant Dorian losses to extend cat reinsurance rate rises into 2020, says KBW

30 August, 2019 - 16:01
As the path of hurricane Dorian shifts, the National Hurricane Center (NHC) now projects that the storm will make landfall in Jupiter (slightly north of West Palm Beach), reaching category 4 strength, and bringing heavy rain, storm surge, and 130 mph winds, all of which are expected to cause sizable losses.

Americas offer lands of opportunity for reinsurers, says AM Best

30 August, 2019 - 15:54
Last year was tough for reinsurers, with hurricanes Florence and Michael, typhoon Jebi and California wildfires helping to rack up losses, said global credit rating agency AM Best.

Allianz Insurance fraud savings quadruple in H1 2019

30 August, 2019 - 15:30
Allianz Insurance, one of the largest general insurers in the UK, has saved more than £29.6 million in the first half of 2019 by tackling fraud.

Prudential Financial reshuffles US business leadership in growth drive

30 August, 2019 - 15:12
Prudential Financial has appointed Andrew Sullivan to succeed Stephen Pelletier as executive vice president and head of US businesses, effective December 1.

CNO Financial hires Karen DeToro as chief actuary from New York Life

30 August, 2019 - 14:28
CNO Financial Group has hired Karen DeToro as chief actuary, reporting to chief executive officer Gary Bhojwani. She will also join the company's executive leadership group.

UK telematics specialist Trak secures £40m growth capital from Three Hills

30 August, 2019 - 13:57
UK telematics firm Trak Global Group (TGG) has secured growth capital investment of over £40 million from Three Hills Capital Partners to accelerate the development of its data-driven technology solutions for the insurance and shared mobility markets.

ILS market navigates stormy waters

30 August, 2019 - 12:04
A number of new reports on the global ILS market point to increasing signs of stability after a tough start to the year. Intelligent ILS investigates.

AIG urged to stop insuring Australian coal mine by 100,000 environmental protestors

30 August, 2019 - 11:15
Major insurer AIG has come under intense pressure in Australia to rule out insuring a coal mining project as more than 100,000 environmental protestors voice concerns.

New Sirius CEO unveils strategic changes to streamline underwriting and global operating structure

30 August, 2019 - 11:04
Bermuda-based Sirius Group has unveiled key strategic changes, including forming a new management committee, to streamline its global operating structure and enhance focus on its core underwriting business.

Losses from Hurricane Dorian estimated between $15bn and $25bn as storm heads towards land

30 August, 2019 - 10:56
Upgraded to a hurricane, storm Dorian has been described as "extremely dangerous" by the National Hurricane Center (NHC) with the potential to become a category 4 hurricane as it tracks towards Florida.

Apollo, Athene to buy GE Capital’s aircraft lending unit PK AirFinance

30 August, 2019 - 10:10
Apollo Global Management and Athene Holding have entered into a definitive agreement with GE Capital to buy PK AirFinance, an aviation lending business from GE Capital’s Aviation Services (GECAS) unit.

Meteo Protect launches ‘quick to set up’ parametric cover platform

30 August, 2019 - 09:48
Paris-based underwriting agency Meteo Protect has launched ParametricAPI.com its open insurance application programming interface (API) to enable insurers and startups to run their own parametric insurance programs.

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