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Insurance
The UK government’s new proposal for the personal injury Ogden discount rate could mean reserve releases for re/insurers of up to £2.5 billion, according to consultancy firm EY.   7 September 2017
AXIS CEO: Third party capital means ‘opportunity’ to offer cheaper reinsurance
Insurance
Third party capital can help reinsurers lower the cost of capital and therefore coverage and this should be seen as an attractive business opportunity, according to AXIS Capital CEO Albert Benchimol.   16 February 2018
Lloyd’s chairman warns of LatAm protectionism
Insurance
The rise of protectionism could prevent Latin America becoming one of the biggest insurance markets in the world, Lloyd’s chairman Bruce Carnegie-Brown suggested in a Feb. 15 press release.   15 February 2018
Insurance
XL Catlin’s insurance operations has appointed Bonnie Chow as senior underwriter, political risk and trade credit for Asia Pacific, to be based in Sydney.   26 August 2016
Insurance
Softbank’s communication and technology expertise and network of hi-tech investments would give Swiss Re a competitive advantage as the re/insurance sector adapts to transformational technologies that will over time test its business model, according to Moody’s.   12 February 2018
Insurance
Zego, the provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has raised £1.225 million in seed funding from investors led by LocalGlobe.   19 July 2017
Insurance
Aon Risk Solutions, the risk management business of Aon, has entered into an agreement to acquire all of risk management firm Stroz Friedberg, with the intent of creating a comprehensive cyber risk management advisory group.   12 October 2016
Insurance
Specialty re/insurer Sompo International has launched a new middle market property insurance unit in the US, and appointed Patrick Mulhall to build and lead the new team.   23 May 2017
News
Lloyd’s insurer Canopius Group has formed an integrated unit to manage the assumed reinsurance business previously written separately by Canopius and Sompo Japan Nipponkoa Insurance.   14 September 2015
Insurance
Marine insurance provider Skuld has appointed Simone Ingeberg as the new head of Skuld Oslo 1, the larger of its two Oslo business units.   5 July 2017

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