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Wishing for a tailwind
Insurance
After a busy 2015, when a flurry of M&A transformed the business, Willis Re’s global chief executive John Cavanagh is comfortable coming back above the parapet and extolling the virtues of growth despite numerous headwinds. Intelligent Insurer reports.   7 September 2016
Insurance
The global reinsurance market is facing unfavourable conditions from a wide range of headwinds, according to rating agency Standard & Poor’s.   7 September 2016
Insurance
Lloyd’s chairman John Nelson’s speech this week in which he suggested Lloyd’s will move some operations offshore if passporting rights to the European Union are lost sent shockwaves around the market.   7 September 2016
Insurance
Reinsurers are focused on maintaining their financial stability and their capital levels remains robust, despite a challenging catastrophe environment with an underlying fall in Return on Equity (RoE), according to Willis Re.   7 September 2016
Insurance
Cooper Gay has expanded its energy division with the appointment of Simon Hirst-Marsden as head of energy technical upstream and Tony Rastall as divisional director of energy, specialising in onshore construction risks.   7 September 2016
Insurance
JLT Re has expanded its specialist capability in London with the appointment of Matthew Carter as a partner in its London Market & International Division, which is led by Bill Bennett.   7 September 2016
Insurance
London market insurers performed well in the first half of 2016 and entered the second half of the year with strong balance sheets. But recent good performance conceals fundamental challenges to the market’s competitive position and prospective profitability, AM Best has said in a report.   6 September 2016
Insurance
IT Lab, an IT technology provider, has been appointed by reinsurance broker RFIB Group as its technology outsourcing and services partner.   6 September 2016
Insurance
European Property Underwriting Limited (EPUL), a London-based commercial property managing general agent (MGA), has hired two underwriters and made several promotions.   6 September 2016
Insurance
Probitas syndicate 1492 has expanded its Latin America presence with the appointment of Lloyd’s current Mexico country manager, Gabriel Anguiano, as head of strategy and business development, effective later in the year.   5 September 2016

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