Articles

Insurance

New Sirius CEO unveils strategic changes to streamline underwriting and global operating structure

Bermuda-based Sirius Group has unveiled key strategic changes, including forming a new management committee, to streamline its global operating structure and enhance focus on its core underwriting business.   30 August 2019

Alternative Risk Transfer

Losses from Hurricane Dorian estimated between $15bn and $25bn as storm heads towards land

Upgraded to a hurricane, storm Dorian has been described as "extremely dangerous" by the National Hurricane Center (NHC) with the potential to become a category 4 hurricane as it tracks towards Florida.   30 August 2019

Insurance

Joint Hull Committee appoints AXA's Newton as new chairman

London-based Joint Hull Committee (JHC) has appointed Paul Newton as its new chairman, succeeding Peter Townsend, who stepped down in June.   22 August 2018

Insurance

Mt. Logan Re CEO steps down

Rick Pagnani, the chief executive officer (CEO) of Everest Re Group's specialist reinsurer Mt. Logan Re, is stepping down after leading the Bermuda-based company for five years.   31 May 2018

Insurance

Hyperion seeks new CFO as Corbett decides to leave at year end

Intermediary Hyperion Insurance Group's chief financial officer (CFO) Oliver Corbett has decided to leave the company to pursue other opportunities.   25 July 2018

Insurance

JLT closes $45m windstorm cat bond

JLT Re unit Jardine Lloyd Thompson Capital Markets (JLTCM) has completed the placement of catastrophe bond Oak Leaf Re 2018-1, which closed at $45.26 million.   27 June 2018

Insurance

Insurtech CoverWallet launches commercial insurance application

New York-based insurtech startup CoverWallet, an online platform helping small businesses to understand, buy and manage insurance, has launched the first application programme interface (API) for commercial insurance.   27 June 2018

Insurance

Everest unveils transportation and logistics group

Bermuda-based Everest Re Group has launched a new transportation and logistics business segment within Everest Insurance, led by Jeff Engelbrecht.   25 June 2018

Insurance

AXA improves P&C business in H1

AXA reported a better underwriting profitability in its property/casualty (P&C) business in the first six months of 2017.   3 August 2017

Insurance

Markel gains German insurance licence; seeks EEA growth

Specialist insurer Markel Corporation has been granted a licence by the German federal financial supervisory authority BaFin to establish an insurance company in Germany.   19 July 2018

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