Articles

Insurance

Beazley’s Horton praises US growth to balance earnings drop

Beazley CEO highlights growth in US business and rise in gross premiums written in 2018 results despite depressed earnings as challenging market conditions take their toll.   7 February 2019

Insurance

Aspen Q4 2018 results hit by natural catastrophe losses

Catastrophe losses drove a net loss of $147 million at Bermuda-based Aspen Insurance Holdings, which is to be acquired by alternative investment manager Apollo in a $2.6 billion deal signed in August 2018.   7 February 2019

Insurance

THB boosts motor fleet with two hires

THB UK Risk Solutions, the UK broking operation of the specialist insurance and reinsurance broker THB, has appointed two new motor fleet brokers.   4 May 2018

Insurance

UK small businesses face 65,000 cyber-attacks per day

UK small businesses are being targeted with an average of 65,000 attempted cyber-attacks every day and at least one small business in the UK is successfully hacked every 19 seconds, according to a Hiscox report.   18 October 2018

Alternative Risk Transfer

ILS woes could trigger hardening in retro markets

A combination of losses in 2018, capital still trapped in relation to 2017 events and a lack of new capacity entering the market, will likely lead to a hardening of the pricing of ILS deals and higher prices in the retro market in 2019.   10 January 2019

Alternative Risk Transfer

Essent Group unveils $424.4m ILS deal

Bermuda-based mortgage insurance provider Essent Group has closed a $424.4 million reinsurance transaction and related mortgage insurance-linked notes offering.   26 March 2018

Insurance

Tropical storm Michael to turn into hurricane

Tropical storm Michael is expected to become a hurricane and carry strong winds and rain to Cuba, Florida and southern Georgia, according to the National Hurricane Center (NHC).   8 October 2018

Insurance

Ageas hires Aspen UK CFO Jonathan Price

Insurance group Ageas has hired a new chief financial officer (CFO) for its UK business from Aspen Insurance Group.   19 February 2019

Insurance

Legal & General partners with Co-operative Bank for home insurance

UK-based Legal & General is partnering with The Co-operative Bank to offer a range of home insurance products.   9 May 2018

Insurance

UK regulator investigates suspected misconduct in aviation broking industry

The UK’s Financial Conduct Authority (FCA) is investigating potential misconduct within the aviation broking industry in the UK.   21 April 2017

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