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Updated: 1 hour 43 sec ago

Air passenger compensation claims quadruple: Gallagher

11 October, 2019 - 10:47
Some regional airlines can expect the cost of compensation claims caused by new regulations to double year-on-year, according to Gallagher, the insurance and risk management company.

IGI to list publicly on Nasdaq as part of deal with Tiberius

11 October, 2019 - 10:44
The International General Insurance Holdings Company (IGI) has confirmed a deal with Tiberius Acquisitions Corporation, a publicly traded special purpose acquisition company, that will result in the public listing of IGI on the Nasdaq Capital Market under the symbol ‘IGIC’.

Senior executives leave Aon amid restructuring; new growth strategy unveiled

11 October, 2019 - 10:41
Senior executives John Zern, CEO of health solutions and North America, commercial risk, and Cary Grace, CEO of retirement solutions and head of M&A integration, are leaving re/insurance broker Aon to pursue new opportunities.

AXIS pegs up to $175m cat losses from Dorian, Japanese typhoons in third quarter 2019

11 October, 2019 - 10:40
Bermuda-based AXIS Capital Holdings has unveiled a preliminary pre-tax loss estimate for Hurricane Dorian, Japanese typhoons and other weather-related events in the range of $150 million to $175 million, net of reinsurance and retrocessional recoveries.

Ryan Specialty's Trident Marine expands into California with key hire

11 October, 2019 - 10:37
Trident Marine Managers, a managing general underwriter for the specialty marine and offshore energy industries and a part of Ryan Specialty Group (RSG), has establishes a new office in Lodi, California, and appointed Jeana Ramos as director of underwriting.

HDI Global Specialty taps director of finance & operations from RSA; completes UK leadership team

11 October, 2019 - 10:36
HDI Global Specialty SE, a joint venture of Hannover Re and HDI Global SE, has appointed Simon Hunt as director of finance and operations.

Brokerslink sets up new regional steering team targeting African growth opportunities

11 October, 2019 - 10:34
Brokerslink, a global network of independent brokers, has established a new regional team to help drive growth and opportunities for its partners and affiliates in Africa.

Specialist MGA Thames expands team with Munich Re, MS Amlin hires; opens London office

11 October, 2019 - 10:32
Thames Underwriting, a niche construction and commercial lines MGA, has established a new office in London with the appointment of four senior underwriters from Munich Re, MS Amlin, Pen Underwriting and Coast Underwriting.

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.


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