Articles

Insurance

AXIS taps AIG's Bob Quane as head of underwriting and portfolio optimisation

Bermuda-based AXIS Capital Holdings has hired AIG's Robert “Bob” Quane as head of underwriting and portfolio optimisation.   11 February 2019

Insurance

Pen Underwriting unveils new CEO as Turner moves to Gallagher

The company has also appointed a new chief underwriting officer and MD of international & financial lines.   11 February 2020

Insurance

Willis Re partners with insurtech Concirrus to transform specialty reinsurance markets

Willis Re, the reinsurance division of broker Willis Towers Watson, has entered into a strategic partnership with London-based insurtech company Concirrus.   22 May 2019

Insurance

US P&C faces slower reserve releases, higher loss trends

Positive P&C pricing and rising investment income in the US insurance sector are expected to be offset by slower reserve releases and higher loss trends in 2019, according to Morgan Stanley analyst Kai Pan.   14 January 2019

Insurance

AXA UK deploys machine learning for motor claims

The aim is to take the right decision as soon as the claim is notified.   10 February 2020

Insurance

Sompo swoops for Amlin's Pützer as head of financial lines in Germany

Bermuda-based specialty re/insurer Sompo International Holdings has hired Udo Pützer to join the company’s European insurance platform as head of financial lines insurance, Germany.   21 May 2019

Insurance

2019 Townsville Floods property loss estimated at A$1.2bn

PERILS is currently investigating the recent bushfires and hail events in Australia.   10 February 2020

Alternative Risk Transfer

World Bank issues $1.36bn cat bond

The World Bank has issued its largest ever catastrophe bond covering earthquake, providing the organisation with $1.36 billion of capital markets protection.   7 February 2018

Insurance

Re/insurers should better manage results volatility caused by FX

An increase in foreign exchange volatility in the second quarter of 2016, enhanced further by the surprising result of the UK’s EU referendum vote, has distorted the performance of re/insurance companies during the period. Making more use of hedging for foreign exchange risk could ease such distorting effects from companies’ profit and loss accounts, experts claim.   26 August 2016

Insurance

Born with it

He has nothing to prove and enough money, reputation and goodwill to enjoy a very happy retirement. Yet at the age of 74, former Aon chairman Pat Ryan is doing it all again with his new company, Ryan Speciality Group.   1 June 2012

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