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Insurance
New UK regulations designed to enable an insurance-linked securities (ILS) market in the London Market could have the potential to be a game-changer for parts of the ILS markets but much still depends on how the Prudential Regulation Authority (PRA) adopts and embraces the concept, with the regulator having the potential to make or break the market. 10 September 2017
Insurance
A mix of further declining rates, low investment returns and unsustainable reserve releases could push the return on equity of the reinsurance sector below the cost of capital and trigger a rating review, according to S&P Global Ratings. 10 September 2017
Insurance
While he is not expecting any radical change, the CEO of Barbican Insurance Group is always open to working with new reinsurers and will consider changing the structure of the company’s reinsurance programme to ensure he has the best fit for the shape and mix of the business as things stand. 10 September 2017
Insurance
Capsicum Delegated Authority, a specialist binding authority broker, has appointed Ben Northridge as a director. 8 September 2017
Insurance
Lloyd’s broker Endeavour Insurance Services entered a partnership arrangement with claims consultancy firm Advent Claims to support London Market coverholders operating in Canada. 7 September 2017
Insurance
Digital Partner, a unit of Munich Re, has entered into a partnership with insurtech company Drover to launch a tailor-made product for ride-sharing drivers and fleet owners. 6 September 2017
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has promoted James Boyce to deputy CEO, global specialties. 6 September 2017
Insurance
The Dublin-based subsidiary of Chaucer, an insurance group underwriting at Lloyd's, is to establish a branch in London to write a range of international specialty insurance and reinsurance business. 5 September 2017
Insurance
Reinsurance broker TigerRisk Partners has appointed Michael Wade, the Crown Representative for Insurance at the UK Cabinet Office and advisor to the Chancellor of the Exchequer on issues relating to Insurance Linked Securities (ILS). 5 September 2017
Insurance
Willis Towers Watson has appointed John Morley to lead the global development of its systems integration and workflow platform 'Unify'. 5 September 2017
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