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Lloyd’s may face conflict with members in emerging market embrace
Insurance
Lloyd’s is losing market share in emerging markets including high-growth Asia and may face conflicts with members if it wants to regain business in the region, says Steve Jackson, partner at Rainmaker International, a Brokerslink specialty member.   14 June 2017
Insurance
Reduced market access, regulatory fragmentation, the return of inflation, cloud risk accumulation and emerging liability legislation for artificial intelligence, are some of the key risks identified in a new report by Swiss Re.   13 June 2017
Insurance
The UK government needs to continue working on insurance issues such as whiplash reforms and the discount rate review despite the distraction caused by Brexit negotiations, law firm Clyde & Co has warned.   12 June 2017
Insurance
Re/insurance legacy specialist Compre has agreed to acquire Equinox CA Europe, a captive insurer of global engineering and construction conglomerate SNC-Lavalin.   12 June 2017
Insurance
A surge in M&A and share buybacks could sweep Europe's insurance sector in 2017 with firms now considering both these options as a way to use surplus capital, according to a report by Moody's Investors Service.   12 June 2017
Insurance
US-based niche insurance provider ProSight Specialty Managing Agency Limited has ceased the underwriting of Syndicate 1110 and placed the syndicate into run-off, Lloyd’s said in a June 9 Market Bulletin.   12 June 2017
Insurance
UK insurer Global Aerospace is setting up a EU subsidiary in Paris to make sure it can continue to serve customers after Britain leaves the bloc, Reuters reported June 7.   8 June 2017
Insurance
In order to reduce the $15.5bn protection gap in Europe, Swiss Re is bringing together representatives from the insurance industry, stakeholders from the EU Commission, the EU Parliament and other public sector organisations, and the academia to discuss examples of successful natural catastrophe schemes globally and see what learnings could be transferred to Europe.   8 June 2017
Reinsurance
Swiss Re is engaging in an initiative to persuade governments in Europe to create schemes that will enable private re/insurers to expand the coverage of flood and earthquake risks.   8 June 2017
Insurance
As it is more likely than not that the UK will leave the EU without any alternative arrangements in place, UK brokers are at risk of losing access to the EU market, according to specialist law firm Carter Perry Bailey.   7 June 2017

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