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Insurance
Lloyd’s CEO Inga Beale warns in a speech at the International Shipping Week on Sept. 14 of the risk that traditional players may lose market share to new competitors in marine business. 14 September 2017
Insurance
Insurer Chubb has promoted Tara Parchment to head its European personal risk services division, based in London. 14 September 2017
Insurance
Mapfre Global Risks (MGR), a Mapfre unit providing insurance solutions for multinationals, said on Sept. 14 that it is moving into the London aviation market. 14 September 2017
Insurance
Lloyd’s is exploring the possibility of issuing insurance-linked securities (ILS) using new regulations that will allow them to be issued from the UK to protect the market, Inga Beale, chief executive of Lloyd’s, told Monte Carlo Today. 13 September 2017
Insurance
Martin Sullivan, the former chief executive of AIG and now a partner in Lightyear Capital, has denied rumours that the private equity firm is looking to sell its stake in broker Ed—of which he is also non-executive chairman. 13 September 2017
Insurance
Some insurers are looking to strengthen their reinsurance programmes in the aftermath of hurricanes Irma and Harvey as they fear being underexposed with so much of the hurricane season still to run. 13 September 2017
Insurance
Barbican Managing Agency (Barbican) is continuing to consolidate its position in what it states is a rather challenging time for the market. 13 September 2017
Insurance
The insurance market is increasingly looking towards managing general agents (MGAs) as it copes with a set of difficult trading conditions, according to two leading executives at Asta Managing Agency. 13 September 2017
Insurance
Asset manager Schroders is close to fully launching a new fund dedicated to life insurance-linked securities (ILS), according to industry veteran Dirk Lohmann, the CEO of Secquaero, the fund manager 50.1 percent-owned by Schroders. 12 September 2017
Alternative Risk Transfer
London’s ambitions to become a hub for ILS deals will not change the market overnight but could attract some innovative structures, says Craig A. Smith, head of EMEA sales, Corporate Trust, Deutsche Bank. 12 September 2017
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