Articles

Insurance

Broker Howden expands Thai business via merger with Maxi

Howden, the retail broking arm of Hyperion Insurance Group, has merged its Thailand-based subsidiary with motor insurance broker Maxi.   1 February 2019

Insurance

AXIS outlook revised to negative due to insurance operations

AM Best has revised the outlooks to negative from stable of AXIS Capital Holdings and its operating subsidiaries, according to a Feb. 16 press release.   19 February 2018

Insurance

GRP promotes Bruce to group MD

Broking firm Global Risk Partners (GRP) has appointed Mike Bruce to the newly created role of group managing director.   17 December 2018

Insurance

AXIS Insurance taps CNA exec for US programs unit

AXIS Insurance has hired the vice president, workers’ compensation and underwriting officer, large casualty business unit, of CNA.   22 December 2017

Insurance

Integro poaches Chubb exec for marine practice

Integro Insurance Brokers has hired Stephen Feron from Chubb to serve as a senior vice president in its marine practice.   22 December 2017

Insurance

Rates force Beazley to shrink reinsurance unit in first nine months

Beazley enjoyed strong growth overall in the first nine months of 2017 but its reinsurance division shrank as the company reduced it because of continued rate decreases – a trend it expects to reverse on cat business, at least, because of the recent heavy losses in North America.   9 November 2017

Alternative Risk Transfer

Re/insurers brace themselves for $20bn hit from Florence

The re/insurance industry should brace itself for losses of between $15 billion and $20 billion, according to the guidance of risk modelling agencies and analysts.   13 September 2018

Insurance

LIIBA warns members over no-deal Brexit

The London Insurance and International Brokers Association (LIIBA) is calling for its members to prepare for the possibility that the UK will leave the EU without a trade deal.   25 July 2018

Insurance

Howden expands in Africa through partnership with Tanzanian broker

Howden, the retail broking arm of Hyperion Insurance Group, has entered into a strategic partnership with one of Tanzania’s oldest insurance brokers BR Puri & Company by establishing a newly formed local entity, Howden Puri Insurance Brokers.   25 July 2018

Insurance

IAG considers options for Asia operations

Insurance Australia Group (IAG) is reviewing its Asian operations after running out of buying opportunities, according to a Reuters Feb. 14 report.   14 February 2018

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