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Insurance
Losses in excess of $1bn become more common in liability insurance: Allianz
Liability losses in excess of $1billion are becoming more commonplace for companies and are no longer confined to the US and Europe, according to an Allianz report.   3 April 2017
News
Greenlight Re Ireland hires ex-Liberty Mutual exec for European business
Specialist property/casualty reinsurer Greenlight Re Ireland, a subsidiary of Greenlight Capital Re, has appointed Sean Rocks as a consultant.   3 April 2017
Insurance
European windstorm property insurance stagnates at €54 trillion
European windstorm insured property, the biggest exposure in the industry database, has remained roughly unchanged during the 2017 January 1 renewals at around €54 trillion, according to natural catastrophe data provider PERILS.   3 April 2017
Insurance
Almost half of insurtech funding targets AI and IoT: Accenture
Artificial intelligence (AI) and the internet of things (IoT) accounted for almost half of total investment in insurtech startups globally in 2016, according to consultancy firm Accenture.   31 March 2017
Insurance
Underwriting losses prompt Lloyd’s chief financial officer to take action
Lloyd’s of London reported underwriting losses in all classes in the accident year 2016, driving the management to take action to improve underwriting quality and expenses.   31 March 2017
Insurance
Lloyd’s vulnerabilities exposed by the soft market
An unspectacular increase in large claims led Lloyd’s of London to report underwriting losses in all classes in the accident year 2016, driving the management to take action to improve underwriting quality and expenses.   31 March 2017
Insurance
Lloyd’s confirms Brussels as its new EU hub location
London-centred specialist re/insurance market Lloyd’s said that it will be setting up a new European insurance company to be located in Brussels to secure access to the EU market after Brexit.   30 March 2017
Insurance
Navigators hires exec to lead expansion across Continental Europe
Specialty insurance holding Navigators Group has appointed Guillaume Déal as managing director of Continental Europe, as the company looks to expand its portfolio in the region.   30 March 2017
Insurance
Lloyd’s posts jump in combined ratio, large claims in 2016
London-based specialist re/insurance market Lloyd’s of London has in 2016 recorded the fifth highest level of major claims since the turn of the century, the company said in a statement.   30 March 2017
Insurance
Chubb names new head of international A&H and CUO of personal lines
Property/casualty insurer Chubb has appointed John Thompson as division president of the company's international accident and health (A&H) insurance business, and Soledad Muné as chief underwriting officer (CUO) for international personal insurance.   30 March 2017

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