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Insurance
Hive Aero, a managing general agency (MGA) specialising in aviation hull war insurance, has hired Mark Shurville as aviation analyst. 8 October 2019
Insurance
Allianz Group and Liverpool Victoria Friendly Society (LV=) will launch a joint venture that will create the third biggest personal lines insurer in the UK thanks to a deal that values LV=’s general insurance at more than £1 billion. 4 August 2017
Insurance
Insurers’ performance can vary dramatically in what might have been assumed as a relatively homogenous market, says Stuart Shipperlee. 19 October 2021
Insurance
UK managing general agent Globe Underwriting has appointed David Dymond as the new head of marine and transport following the retirement of Peter Rogers. 7 October 2019
Insurance
Private auto net incurred losses will increase by nearly 7 percent in 2017 to a new record of approximately $154 billion, reflecting elevated volume and costs of claims, according to the third annual US Property & Casualty Insurance Market Report by S&P Global Market Intelligence. 29 June 2017
Insurance
Specialist Lloyd’s broker MNK Re has launched a residual value insurance (RVI) centre of excellence with the appointment of Robert Prince as practice leader. 2 September 2019
Insurance
Allianz Group and Liverpool Victoria Friendly Society (LV=) have completed the first stage in the creation of their joint venture and strategic partnership through the planned sale of 49 percent stake in LV=’s UK General Insurance businesses (LV=GI) to Allianz Group. 2 January 2018
Insurance
From its home market in Central Europe, VIG Re is expanding in Continental Europe taking advantage of its low cost base, Johannes Martin Hartmann, its chief executive, told Baden-Baden Today. 24 October 2018
Alternative Risk Transfer
New risk transfer products using structures underpinned by the capital markets and particularly the insurance-linked securities (ILS) community have represented the industry’s key source of innovation in recent years, Brian Secrett, chief underwriting officer at Tokio Millennium Re (TMR), told Baden-Baden Today. 24 October 2018
Insurance
Property loss activity has been benign in Central and Eastern Europe (CEE) in the past five to six years, benefiting insurers and reinsurers—but this should not mean rate decreases, Christian Kreutzer, head of market underwriting CEE at Swiss Re, told Baden-Baden Today. 24 October 2018
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