Articles

Insurance

Willis Towers Watson bolsters insurance risk unit with new hire

Broker Willis Towers Watson has appointed Gavin Hill as senior consultant to its insurance risk consulting and software (RCS) business.   19 June 2017

Insurance

Zurich private clients head joins Munich Re-backed MGA UK General

Former Zurich executive Matthew Schofield has joined the senior management team of UK General Insurance as chief commercial officer, reporting to CEO Karen Beales.   19 June 2017

Insurance

BMA revokes licence of broker Intrepidus after ‘serious’ breaches

Intrepidus Insurance Services, a Bermuda insurance broker, has had its registration to operate revoked by the Bermuda Monetary Authority (BMA) following an investigation triggered by a complaint against the company.   4 July 2018

Insurance

Barbican appoints underwriting director from Mitsui Sumitomo

Barbican Protect, the UK insurance arm of Barbican Insurance Group, has appointed Martin Eyres as underwriting director.   8 March 2017

Insurance

Barbican hires former AXA MD for underwriting role

Barbican Insurance Group has appointed Adam Wickens as class underwriter for financial and professional lines.   22 September 2016

Insurance

Marsh names head of Glasgow operations

Global insurance broking and risk management firm Marsh has appointed Maureen Robertson as head of its Glasgow office, and Martin McKenna as regional sales leader, Scotland.   5 October 2017

Insurance

Swiss Re head of cyber explains the reinsurers’ cautious approach

While cyber demand is on the rise, Swiss Re takes a cautious approach in underwriting and suggests insurers should do the same as the ‘cybergeddon’ is yet to happen.   31 August 2017

Insurance

AIG completes sale of Advisor Group

American International Group (AIG) has completed the sale of its subsidiary Advisor Group to investment funds affiliated with Lightyear Capital, a private equity firm specialising in financial services investing, and PSP Investments, one of Canada’s largest pension investment managers.   9 May 2016

Insurance

RSA sells China business to Swiss Re

UK insurer RSA has agreed to sell Sun Alliance Insurance (China) to Swiss Re Corporate Solutions for £71 million, as it seeks to tighten the strategic focus of the group.   3 July 2014

Insurance

Cat risk and protectionism

Various markets such as Indonesia and India have a level of insurance sector protectionism, and more needs to be done to remove barriers to entry in order to reduce the insurance gap in Asia, says Philip Chung of S&P Global Ratings.   31 October 2018

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