Articles

Insurance

Aon hires Phelps in Enterprise Client Group expansion

Global professional services firm Aon has hired Richard Phelps as an Enterprise Client Group leader as part of expansion plans. He will report to Jim Herbert, co-global head of the company’s Enterprise Client Group.   14 June 2019

Insurance

Marine insurers face ‘cocktail of risk’ after Gulf of Oman tanker attacks

Attacks on two oil tankers in the Gulf of Oman on Thursday will force insurance underwriters to scrutinise voyages more closely with premium increases for vessels in the region a “near certainty”, an industry expert has said.   14 June 2019

Insurance

US cyber insurance premiums up 10% to over $2bn in 2018, finds Aon

Cyber insurance premiums in the US increased to $2.03 billion in 2018, a rise of around 10 percent from 2017, analysis by Aon has revealed.   12 June 2019

Alternative Risk Transfer

Aon Securities hires JLT Capital Markets co-heads in ILS growth strategy

Aon Securities, the investment banking division of re/insurance broker Aon, has made two new strategic hires to help drive growth and innovation within its capital markets function.   11 June 2019

Insurance

Berkshire Hathaway opens French hub in European expansion; hires AXA XL exec to lead

Berkshire Hathaway Specialty Insurance (BHSI) has launched a new office in Paris, and appointed François-Xavier d’Huart as country manager, as part of its strategic expansion in Europe.   11 June 2019

Insurance

Tokio Marine taps Skuld’s Knighton to expand marine liability in 'challenging market'

Specialty insurer Tokio Marine HCC has expanded its marine liability division, which began trading in January, with the appointment of Paul Knighton as marine liability & logistics underwriter.   11 June 2019

Insurance

Everest bolsters excess casualty team with Aspen and Conifer hires

Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has made two key hires from Aspen and Conifer to help expand its excess casualty retail capabilities in the Central and West territories in the US.   11 June 2019

Insurance

ERS to launch underwriting academy in Swansea

UK-based specialist motor insurer ERS is launching an underwriting academy in Swansea, relocating a number of roles to the city from London and the South East.   11 June 2019

Insurance

Insurance markets in Africa stabilise but insurers ‘less bullish’, finds AIO survey

Insurance leaders in Africa remain cautious about business growth despite market stabilisation following the economic downturn of 2015/16, a survey of insurance CEOs has found.   11 June 2019

Insurance

AIG appoints Driscoll and Baugh to new global underwriting leadership roles

American International Group (AIG) has appointed Kean Driscoll as global chief underwriting officer for property and agriculture, general insurance, and Alexander Baugh to the new role of global chief underwriting officer for casualty and financial lines, general insurance.   6 June 2019

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