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Aviation risks go live on London Market PPL

Intelligent Insurer News - 11 June, 2018 - 16:15
The board of London Market Group’s PPL, an electronic placing platform launched in July 2016, has revealed that the aviation classes of business have gone live on the platform.

Airmic survey claims cyber risks now a top concern

Intelligent Insurer News - 11 June, 2018 - 16:15
Cyber and IT-related risks have emerged as the top concerns for members, according to the latest Airmic survey. It is also the area where risk managers most want to see the insurance industry extend its offering.

Markel gains Lloyd’s India reinsurance licence

Intelligent Insurer News - 11 June, 2018 - 10:33
Specialist insurer Markel International has been granted a licence by the Insurance Regulatory and Development Authority of India (IRDAI) to write reinsurance business in the country.

London market to play crucial role in insuring 2018 World Cup

Intelligent Insurer News - 11 June, 2018 - 10:33
With high security risks and exposures in the hundreds of millions, the London insurance market will play a crucial role in insuring the 2018 FIFA World Cup, according to Lloyd's insurer Beazley.

Tokio Marine snaps up UK agency Qdos Contractor

Intelligent Insurer News - 11 June, 2018 - 10:33
Specialty insurance group Tokio Marine HCC is acquiring Thurmaston-based Qdos Contractor, a provider of insurance products and services to the UK independent contractor and freelancer market via an online digital delivery platform.

Argo appoints new head of ceded reinsurance from Ariel Re

Intelligent Insurer News - 11 June, 2018 - 10:33
Bermuda specialty re/insurer Argo Group International Holdings has appointed Katie Partington Howarth to serve as the group head of ceded reinsurance.

Cities faced with $320bn cost each year from man-made risks

Intelligent Insurer News - 11 June, 2018 - 10:33
Man-made risks such as cyber-crime, interstate conflicts or market crashes put an estimated $320.1 billion of global GDP ad risk on average each year, according to Lloyd's City Risk Index.

JLT poaches aerospace specialist from Willis Towers Watson

Intelligent Insurer News - 11 June, 2018 - 10:33
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Glenn Beadling as executive vice president of JLT US aerospace team.

US sees quiet start to 2018 tornado season: Aon

Intelligent Insurer News - 11 June, 2018 - 10:33
Impact Forecasting, the catastrophe model development team of Aon, has published the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during May 2018.

Randall & Quilter reveals two legacy deals

Intelligent Insurer News - 11 June, 2018 - 10:32
Randall & Quilter Investment Holdings (R&Q) has revealed its first transaction with a self-insurer in California, and a captive reinsurance transaction for a large US corporate airline.

Zurich acquires insurtech CoverWallet stake to fuel international growth

Intelligent Insurer News - 8 June, 2018 - 10:26
Zurich Insurance Group has acquired a minority stake in insurtech start-up CoverWallet. The investment follows a commercial partnership in Europe announced in February.

Qatar Re suspends Dubai facultative business

Intelligent Insurer News - 8 June, 2018 - 10:24
Bermuda-based Qatar Reinsurance Company (Qatar Re) will suspend the writing of all new and renewing facultative business from its branch office in the Dubai International Financial Centre (DIFC) following a strategic review.

Cyber insurance will enjoy fastest growth: Aon Inpoint

Intelligent Insurer News - 8 June, 2018 - 10:23
A series of commercial global P&C insurance market reports from Aon Inpoint, Aon’s data, analytics, engagement and consulting team, found that, by 2021, the most rapid growth of premiums will be seen in cyber insurance products.

Neon Bermuda poaches property underwriter from Hamilton Re

Intelligent Insurer News - 8 June, 2018 - 10:23
Neon Bermuda has made two appointments: a new non-executive director and an assistant vice president of property insurance underwriting.

ABI names Zurich's Blanc as first woman chair

Intelligent Insurer News - 8 June, 2018 - 10:22
The Association of British Insurers (ABI) has named Zurich Insurance Group’s CEO Europe, Middle East & Africa (EMEA) Amanda Blanc as its new chair.

XL Catlin appoints global cargo leader from Brit

Intelligent Insurer News - 8 June, 2018 - 10:20
Re/insurer XL Catlin has appointed Andrew Coutts to the position of global practice leader for cargo.

Hyperion reshuffles leadership at DUAL and Howden in Germany

Intelligent Insurer News - 8 June, 2018 - 10:18
Hyperion Insurance Group has made key leadership changes at the German branches of its specialist underwriting arm DUAL and retail broking business Howden.

MS Amlin bolsters Asia team with Swiss Re, Marsh hires

Intelligent Insurer News - 8 June, 2018 - 10:17
Specialty re/insurer MS Amlin has bolstered its Asia Pacific underwriting team based in Singapore with three new hires from Swiss Re, Marsh and Singapore War Risks Mutual.

AmTrust deal back on track as offer price bumped up by 10%

Intelligent Insurer News - 7 June, 2018 - 15:59
AmTrust Financial Services has amended the merger agreement it has with Evergreen Parent, an entity formed by the Karfunkel-Zyskind Family and private equity funds managed by Stone Point Capital.

Arch expands Irish operations to write EU business post-Brexit

Intelligent Insurer News - 7 June, 2018 - 15:59
Bermuda-based Arch Capital Group is planning to expand the group’s underwriting operations in Ireland to ensure continuity of its operations across the European Union once the UK leaves the EU.

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