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Marine insurers face ‘cocktail of risk’ after Gulf of Oman tanker attacks
Insurance
Attacks on two oil tankers in the Gulf of Oman on Thursday will force insurance underwriters to scrutinise voyages more closely with premium increases for vessels in the region a “near certainty”, an industry expert has said.   14 June 2019
India's strong economy means robust growth for insurance
Insurance
India's strong economy and evolving regulatory regime continue to support growth for its insurance and reinsurance sectors, according to a new report by Moody's Investors Service.   22 January 2019
Hurricane Michael losses expected at up to $4.5bn
Insurance
Hurricane Michael made landfall as a Category 4 hurricane along the Florida Panhandle coast yesterday (Oct. 10) and is expected to have caused damage from wind and storm surge in the range of $2 billion to $4.5 billion, according to CoreLogic estimates.   11 October 2018
Alternative Risk Transfer
Specialist insurer Hiscox has appointed Liz Breeze as the new chief financial officer (CFO) of its reinsurance and alternative capital business Hiscox Re & ILS, based in Bermuda.   11 October 2018
Insurance
Property/casualty insurance holding company Kingstone, through its wholly-owned subsidiary Kingstone Insurance Company (KICO), has signed new reinsurance treaties with multiple carriers for the treaty year beginning July 1, 2019.   26 July 2019
Reinsurance
The 16th Singapore International Reinsurance Conference (SIRC) promises an agenda filled with top re/insurance execs from the region discussing this year’s theme: Winds of Change.   17 October 2019
Insurance
Enstar Group-owned Lloyd’s managing agency, StarStone Underwriting has finalised a reinsurance-to-close transaction with Neon Underwriting, according to a Feb. 16 press release.   19 February 2018
Insurance
Specialist insurer Hiscox has developed a new insurance cover for ships seized by a foreign government, in response to what it sees as a growing threat amid heightened political tension globally.   24 July 2019
Insurance
Lloyd’s of London should spend more time focusing on the US and less time trying to grow in fast-emerging economies, Andrew Brooks, incoming chair of the Lloyd’s Market Association, according to the Financial Times.   14 January 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Ronan Gerety as general manager of insurance in Germany. He will be based in Cologne.   6 September 2018

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