Articles

Insurance

MGA leaders offer insights into the big issues for the industry now and in the future

Now seems to be a great time to be running an MGA – but are there downsides? And what is the future for the sector? We asked five MGAs some questions around their confidence, concerns and goals—and their opinions on technology in our virtual roundtable.   12 July 2019

Insurance

Hiscox optimistic ahead of 2019 half year results despite market ‘deterioration’

Specialist re/insurer Hiscox expects to deliver between $150 million and $170 million in profit before tax in its 2019 half year results, despite a “significant” and “continued deterioration” in the insurance market caused by 2018 catastrophe events such as Typhoon Jebi in Japan and Hurricane Michael in Florida.   12 July 2019

Insurance

Allianz chief Jon Dye to replace Amanda Blanc as new ABI chairman

The Association of British Insurers (ABI) has appointed Allianz Insurance chief executive Jon Dye as its new chairman, replacing Amanda Blanc who resigned last week.   12 July 2019

Insurance

Uinsure partners with WhenFresh to launch ‘Zero Questions Asked’ quotes

General insurer (GI) Uinsure has launched a ‘zero questions asked’ quote platform for UK home insurance in partnership with big data ‘supermarket’ insurtech WhenFresh.   12 July 2019

Insurance

Universal appoints Donaghy as new CEO, Downes to become executive chair

Florida-based Universal Insurance Holdings has appointed current chief operating officer Stephen Donaghy as its new chief executive officer (CEO).   12 July 2019

Insurance

PartnerRe appoints Chris Shanahan president of US life operations

Bermuda-based PartnerRe has appointed Chris Shanahan as president of its US life operations.   11 July 2019

Insurance

Ryan Specialty bags group chief compliance officer from Chubb

Chicago-based specialty insurance services business Ryan Specialty Group (RSG) has appointed Michael Blackshear as senior vice president and global chief compliance officer.   10 July 2019

Insurance

Aon: traditional reinsurance sector drives Q1 2019 rebound

Global reinsurance capital markets recovered in Q1 2019, increasing by 3 percent to US$605 billion over the three months to March 31, 2019 up from US$585 billion at 2018 year end, according to Aon’s latest reinsurance market outlook.   10 July 2019

Insurance

Brit hires US casualty vice presidents from Swiss Re and Redstone

Specialty re/insurer Brit has hired Garick Zillgitt from Swiss Re and Justin Magee from Redstone Underwriters to strengthen its casualty portfolio in the US.   10 July 2019

Insurance

Assurant expands 2019 property cat reinsurance programme, lowers retention by $40m

US-based insurer Assurant has expanded its reinsurance protection, while lowering its per-event retention from $120 million in 2018 to $80 million, as it looks to reduce its catastrophe exposure and boost earnings in 2019.   10 July 2019

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