Articles

Alternative Risk Transfer

Potential for tremors in cat bond market

Rapid growth in the ILS sector has led to concerns that when a major catastrophe occurs, investors will face unexpected losses leading to panic and a rush of funds out the market, says Jay Patel, insurance analyst at business information service Timetric.   18 February 2016

News

Pool Re names head of risk analysis

Pool Re, the mutual reinsurer that provides terrorism cover for commercial property in the UK, has appointed Ed Butler as head of risk analysis.   17 February 2016

Insurance

Chubb Global Markets promotes exec to CUO of aviation

Chubb Global Markets, the London-based wholesale insurance division of Chubb, has promoted John Wadhams, currently senior underwriter, aviation, to the role of chief underwriting officer (CUO), aviation.   17 February 2016

Insurance

Talanx invests to modernise its P/C business

Talanx, the European insurance group, has said it is investing in modernising its property/casualty business in Germany through digitalisation.   17 February 2016

Insurance

Brit moves HQ to London’s Leadenhall Building

Brit, the global specialty insurer, has now completed its move to The Leadenhall Building on Leadenhall Street, London EC3V.   17 February 2016

Insurance

Barbican Protect appoints head of property and package

Barbican Protect, the UK retail arm of Barbican Insurance Group, has appointed Sam Brown as head of property and package.   17 February 2016

Insurance

ArgoGlobal poaches Liberty Mutual exec for head of claims role

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Katie MacGregor as head of claims for ArgoGlobal.   16 February 2016

Insurance

Brokers must be won over for LMG’s TOM to succeed

Xuber, Xchanging’s insurance software business which delivers solutions to the commercial insurance, health insurance and reinsurance marketplaces, has said that the long-term success of the London Market’s Target Operating Model (TOM) depends on winning over brokers and carriers across the whole London insurance market.   16 February 2016

Insurance

Fitch downgrades Amlin following MSI acquisition

Fitch Ratings has downgraded Amlin and Amlin Insurance’s insurer financial strength (IFS) ratings to A from A+ but removed the firms from Rating Watch Negative (RWN).   16 February 2016

Insurance

Hiscox hires AXIS exec as energy underwriter

Lloyd’s underwriter Hiscox has added Lorraine Mackey to its London Market energy team as an energy underwriter.   16 February 2016

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