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Insurance
Gross written premiums (GWP) at Beazley shrank slightly in the first quarter as the company bemoaned a “very challenging” rating environment but there was good news on its specialty book which both grew and enjoyed rate increases. 11 May 2017
News
Reinsurance broker and consultant JLT Re has appointed Graham Barden and Jon Warner to its aviation team as partners, based in its London office. 11 May 2017
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has added construction insurance to its portal enabling brokers to quote and bind risks online. 11 May 2017
Insurance
The next few years will be vital in establishing London’s long-term relationship with emerging markets in Asia and Latin America, according to Dave Matcham, CEO of the International Underwriting Association (IUA). 10 May 2017
Insurance
The interconnectivity of devices and Internet of Things (IoT) can adversely impact insurers’ balance sheets and portfolios due to the nature of cyber risk aggregation. 10 May 2017
Insurance
An increasing reliance on technology and the interconnectivity of the IoT is resulting in new risks and aggregations of risk that keep insurance executives awake at night. Matt Webb, global group head of cyber at Hiscox, explains to Intelligent Insurer why understanding cyber aggregation risk is more vital than ever. 10 May 2017
Insurance
London-based Barbican Insurance Group has appointed Jacqueline Wiffen as a class underwriter for upstream energy. She will report to Olivier Decombes, divisional head of energy, power and utilities. 10 May 2017
Insurance
Lloyd's broker Bishopsgate, the London market business of Towergate Insurance, has appointed Robin Todd and Darren Conlon as energy directors. 10 May 2017
Insurance
Specialist Lloyd's insurer Neon has completed its claims team with the appointment of Gavin Coley as technical head of claims, and James Sterling as claims manager for professional indemnity and financial lines. 10 May 2017
Insurance
Towergate owners HPS Investment Partners (HPS) and Madison Dearborn Partners (MDP) plan to bring together their UK regional network of businesses, which also includes independent van insurance broker Autonet, private medical insurance brokerage provider Chase Templeton and insurance solutions Ryan Direct Group. 9 May 2017
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