Articles

Insurance

Pulse creates new specialty unit in London with Pen Underwriting hire

Lloyd's coverholder Pulse Insurance, a specialist provider of non-standard and impaired life cover, has launched its new specialty unit in London.   17 August 2017

Alternative Risk Transfer

CATCo chairman expects further rate declines at 2019 January renewals

The chairman of the CATCo Reinsurance Opportunities Fund is expecting further rate decreases in the January 2019 renewals following challenging 2018 renewals.   20 August 2018

Insurance

Beazley cyber, casualty releases praised by analysts

Equity analysts from Jefferies have praised the significant cyber and casualty at specialty insurer Beazley in 2017.   28 February 2018

Insurance

Duperreault says he left Hamilton to 'fix issues' at AIG

Brian Duperreault, the new president, CEO and director of American International Group (AIG), explained that he left the Bermuda-based Hamilton Insurance Group to fix issues at AIG which was recently hit by large losses, impacting investors’ confidence.   16 May 2017

Insurance

IUA and BIBA set out plans for UK Ogden discount rate reform

British Insurance Brokers' Association (BIBA) and the International Underwriting Association of London (IUA) have set out their plans for the UK’s Ogden personal injury discount rate reform in response to a government consultation.   16 May 2017

Insurance

XL Catlin elevates McAdams to global marine CUO

Re/insurer XL Catlin has promoted Rob McAdams to the position of chief underwriting officer for global marine.   25 May 2017

Insurance

Former Pen, SRS chief and CUO resurface at Australian Lloyd's underwriter

Australian-based cover holder Epsilon Underwriting Agency has appointed former SRS Underwriting Agency and Pen Underwriting chief executive, Paul Lynam, as its chairman.   21 June 2017

Insurance

Guy Carpenter restructures, reshuffles leadership post JLT deal

Reinsurance broker Guy Carpenter & Company has unveiled a new global capital solutions group and several key leadership appointments, which will become effective after the closing of the JLT acquisition by its parent Marsh & McLennan Companies (MMC).   17 January 2019

Insurance

Tokio Marine HCC to acquire AIG's medical business

Specialist insurer Tokio Marine HCC has reached a definitive agreement to acquire the medical stop-loss operations of American International Group (AIG), through its wholly owned subsidiary HCC Life Insurance Company.   3 October 2017

Insurance

Pioneer targets Latin America with new office and hires

Pioneer Underwriters has launched a new business in Latin America. It has opened a regional hub in Mexico City and appointed four senior insurance professionals as senior vice presidents.   8 January 2018

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