Articles

Insurance

Lloyd’s appoints Brexit programme director Hayley Spink to lead global operations

Lloyd's of London has appointed Hayley Spink as head of global operations, replacing Joe Dainty who's leaving Lloyd’s in March to join DXC.   7 March 2019

Insurance

Lloyd’s broker AFL taps chief commercial officer from JLT

Independent Lloyd’s broker AFL has appointed Jonathan Bines, formerly a specialty property & casualty senior partner at JLT, as chief commercial officer.   10 April 2018

Insurance

Blockchain will change how people look at data

Blockchain will lead to new risk assessment models and a new way of looking at data, according to Magdalena Ramada Sarasola, director, insurance consulting and technology, at Willis Towers Watson.   16 October 2018

Insurance

AXA US IPO secures funds for XL acquisition

The initial public offering (IPO) of AXA’s US unit was priced below the indicative price range but the proceeds, combined with a bond issue will still substantially secure the funding for AXA's planned acquisition of XL Group, according to Moody’s.   14 May 2018

Insurance

IFRS 17 still beset by some uncertainties, says AM Best

Ratings agency AM Best has highlighted concerns about further amendments being proposed to the International Accounting Standard, IFRS 17, which seeks to reflect market values in the published financial statements of insurers.   16 September 2019

Insurance

UK P&C outlook negative as challenges are set to last

Rating agency AM Best has a negative outlook on the UK’s non-life market as the negative impact from the challenges the UK sector is facing is likely to last.   21 March 2018

Insurance

Household insurance ‘remains unprofitable’ in Northern Australia, finds the Australian Competition and Consumer Commission

An inquiry examining Northern Australia’s insurance market has confirmed that providing household policies in the region “remains unprofitable for insurers”.   30 July 2019

Insurance

Gallagher hires Marsh duo to expand trade credit & surety practice

Broker Gallagher has bolstered its Manchester-based team with two experienced specialists from Marsh to build out its footprint in the north of the UK.   26 July 2018

Insurance

Five long-term impacts of the coronacrisis… and three things to be positive about

Everyone is hoping that the outbreak of COVID-19 will be contained as swiftly as possible, with many countries advising precautionary measures, such as lockdown, for a minimum of 12 weeks to protect the vulnerable. The re/insurance industry can expect to feel the effects of this pandemic well beyond that. Intelligent Insurer reports.   30 March 2020

Insurance

Pioneer bolsters property cat team with BMS hire

Pioneer Underwriters, an underwriting group within Minova Insurance Holdings, has appointed James Sharpington as an underwriter in its Pioneer CAT team.   23 July 2018

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