Articles

Insurance

Marsh launches Japanese aircraft finance insurance consortium with Sompo

Broker Marsh has developed a Japanese aircraft finance insurance consortium (AFIC) in collaboration with Sompo Japan Nipponkoa Insurance and Sompo International.   26 June 2019

Insurance

Lloyd’s to tackle emerging risks with new £53m innovation facility backed by 12 carriers

Lloyd’s of London has launched a new initiative with £53 million capacity to expedite product development for new and emerging risks in the re/insurance marketplace. The move is a part of John Neal's transformation strategy to prepare the market for the future.   26 June 2019

Insurance

RGA reinsures nearly $3bn Horace Mann annuity business block

Reinsurance Group of America (RGA) has completed a $2.9 billion annuity reinsurance transaction with Horace Mann Life Insurance Company, effective April 1, 2019.   25 June 2019

Insurance

Tokio Marine places UK business into run-off as it shifts focus to Lloyd's

Specialty insurance group Tokio Marine has placed its UK insurance business, Tokio Marine Kiln Insurance (TMKI), into run-off as part of its strategy to enhance focus on its Lloyd's entities, and improve overall growth and efficiency by streamlining operations.   20 June 2019

Insurance

Liberty Mutual Re appoints AXA's Jens Voges to new marine & energy underwriting role

Liberty Mutual Re, a part of Liberty Mutual Insurance Group, has appointed Jens Voges as senior underwriter and product leader of marine & energy within its London market risks (LMR) team.   20 June 2019

Insurance

S&P lifts Lloyd's outlook as capital position and underwriting performance improves

S&P Global Ratings has revised the outlook of Lloyd's of London and its core subsidiaries to stable from negative, following changes made by the specialist re/insurance market to improve its overall underwriting performance.   17 June 2019

Insurance

Willis-backed insurtech Innovisk launches M&A MGA Themis

Innovisk Capital Partners, a London-based global insurtech start-up, has unveiled a new underwriting agency, called Themis, focussing on the provision of mergers and acquisitions (M&A) insurance solutions.   17 June 2019

Insurance

LIIBA adds Price Forbes and Lonmar CEOs to board

The London and International Insurance Brokers’ Association (LIIBA) has appointed James Masterton, chief executive officer of Price Forbes, and David Pexton, chief executive officer of Lonmar Global Risks, to its board.   17 June 2019

Insurance

MS Amlin hires RSA marine expert Vogiatzidou for Dubai operations

Re/insurer MS Amlin has appointed Mary Vogiatzidou as senior marine underwriter in its Dubai operations.   17 June 2019

Insurance

Swiss Re subsidiary ReAssure confirms IPO, expects LSE listing in July

ReAssure, a subsidiary of Swiss Re, has confirmed plans to undertake its initial public offering as per its announcement on the 7 June 2019.   14 June 2019

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