Articles
Insurance
The aviation insurance market faced further upwards pricing pressure in the first half of 2018 driven by “on-going underwriting discipline and three-tier market conditions,” according to the JLT’s most recent Airline Insurance Market Update. 18 July 2018
Insurance
Re/insurance broker Miller has hired Ian Curtin to lead its energy construction team. 18 July 2018
Insurance
Charles Taylor Managing Agency (CTMA) has appointed Colin Grint as chief executive officer. He will join CTMA later in 2018 from Capita Managing Agency. 17 July 2018
Insurance
Following a review of recent years' asbestos-related claims and litigation activity and insurers' paid and incurred loss experience, Fitch has raised projection for ultimate all-time US industry incurred losses to $100 billion compared with a previous estimate of $90 billion. 16 July 2018
Insurance
New US sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country, according to a July 13 Reuters report citing chairman Bruce Carnegie-Brown. 16 July 2018
Insurance
Reinsurance broker JLT Re, a subsidiary of Jardine Lloyd Thompson Group, has appointed Guy Carpenter executive Scott MacColl as head of credit and surety for North America. 16 July 2018
Insurance
Commercial property MGA European Property Underwriting (EPUL), part of Global Risk Partners (GRP), has appointed Christopher Box to the role of senior underwriter for UK and European property owner risks. 16 July 2018
Insurance
Insurance broker Brown & Brown has acquired Portland-based Professional Disability Associates (PDA), a disability services company providing specialty claims management services. 16 July 2018
Insurance
The re/insurance industry has offered a mixed reaction to the publication of the UK Government's white paper on Brexit this week, with some commentators calling it a step in the right direction but others stressing that it does not resolve the key issue of contract continuity and doubt remains as to whether UK insurers will remain licenced to pay claims in a few EU countries without an agreement in place. 13 July 2018
Alternative Risk Transfer
The ILS capacity brings more efficient funding into the insurance market – and managing general agents (MGAs) must also take advantage of this, Grahame Chilton, CEO of Gallagher UK, told delegates at the MGAA 2018 conference in London today (July 12). 12 July 2018
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