Articles

Insurance

Billion-dollar tornado losses must prompt insurers to better grasp flood risk: Aon

Some 250 tornadoes touched down in the US during April – the most for April since 2011 – a phenomenon that should invigorate insurers to redouble efforts to understand flood risk and further encourage insurance take-up to lower the protection gap, according to Aon.   14 May 2019

Insurance

Markel hires head of North American property reinsurance from Hiscox

Specialist insurer Markel International has appointed Nick Lazarus as managing director of North American property reinsurance, based in London.   14 May 2019

Insurance

Crypto security start-up Curv secures $50m insurance coverage from Munich Re

Crypto security company Curv has secured an insurance cover worth $50 million for its institutional digital asset wallet service from German reinsurer Munich Re.   13 May 2019

Reinsurance

The talent to meld art and science

As technology makes underwriting both an art and a science the industry must do more to attract young talent, says David Amaro, chair of the Bermuda Under 40s Re/insurance Group.   13 May 2019

News

A catalyst for positive change

The re/insurance industry must attract and nurture young talent. Aon Inpoint sits at the centre of the evolution sweeping the industry, acting as a catalyst for positive change.   13 May 2019

Reinsurance

Signs of a positive evolution

With job placement rates for students at close to 100 percent, more must be done to increase the profile of careers in insurance, says Sean Ramlal of US Reinsurance Under 40s.   13 May 2019

Insurance

AM Best warns of rating actions on insurers if TRIPRA is not renewed

US insurers with a large exposure to terrorism risk could face being downgraded by AM Best if the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is not renewed – a scenario that looks difficult at best given the hyper-partisan atmosphere pervading Washington at the moment, the rating agency has warned.   13 May 2019

Insurance

Everest bolsters E&S casualty group with Zurich, BXM hires

Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has strengthened its excess & surplus (E&S) casualty group with the addition of two new hires in Chicago.   13 May 2019

Insurance

AFL Insurance Brokers names Bines as new UK CEO; plans expansion in North America

Lloyd's broker AFL Insurance Brokers has appointed Jonathan Bines as the new chief executive officer (CEO) of UK, and unveiled its plans to expand business in North America.   13 May 2019

Insurance

Bredahl resigns as Third Point Re CEO; Daniel Malloy candidate for top role

Robert Bredahl has resigned from his position as the chief executive officer (CEO) of Bermuda-based reinsurer Third Point Re with immediate effect. He has been replaced by Daniel Malloy, currently CEO of the company's main operating subsidiary, on an interim basis.   10 May 2019

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