Articles
Insurance
Against a backdrop of a deteriorating rating environment, overcapacity and downturn in the industry, the energy insurance market continue to face its lowest rating environment in several decades, according to the latest quarterly Energy report from Lloyd & Partners. 6 April 2017
Insurance
Lloyd’s turn-key managing agent, Charles Taylor Managing Agency, has appointed a chief underwriting officer (CUO) as it actively markets its services to secure the management of a second syndicate at Lloyd’s. 19 May 2016
Insurance
Global loss adjuster McLarens has appointed Graham Smart to the newly created global role of chief commercial officer, as it looks to ramp up its strategic growth plans and expand its service offerings. 4 April 2019
Alternative Risk Transfer
The catastrophe bond limit on-risk has reached $30 billion during the 12 months to June 30, 2018 – an increase of $4.2 billion from the prior year period, and a new record for the sector, Aon noted in the report titled 'Alternative Capital Fortifies Its Position'. 7 September 2018
Insurance
While China and India promise great growth potential, profitable business for reinsurers is hard to come by—the key is to offer cedants added value and additional services, Jean-Paul Conoscente, CEO of SCOR’s P&C reinsurance business unit globally, told SIRC Today. 29 October 2018
Insurance
An increasingly complex political environment is causing challenges for insurers as they grapple with the consequences of trade wars and sovereign uncertainties, says Philip Chung of S&P Global Ratings. 29 October 2018
Insurance
Insurers and reinsurers must find a way to plug the protection gap in the US, revealed so starkly in the aftermath of recent hurricanes and especially relating to flood risk, David Sampson, chief executive of the Property Casualty Insurers Association of America (PCI), told PCI Today. 28 October 2018
Insurance
The fear factor of an impending and costly cyber attack is driving rapid growth in this market, according to a survey by specialist lines underwriting agency CFC Underwriting conducted at the 2016 Cyber Symposium in London. 5 January 2017
Insurance
Canada-based Fairfax Financial Holdings reported net earnings of $1.74 billion for 2017 compared to a net loss of $512.5 million in the fiscal year 2016. 16 February 2018
Insurance
Australia-based insurer QBE has appointed Roger Ball as director of motor. 13 October 2015
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