Articles

Insurance

North P&I Club opens Brexit subsidiary in Ireland

Mutual marine liability insurer North P&I has received authorisation from the Central Bank of Ireland (CBI) to operate from Ireland, allowing it to implement its Brexit contingency plan.   22 January 2019

Insurance

Ardonagh-owned Price Forbes taps JLT, Marsh, Miller execs

Specialist insurance broker Price Forbes, part of the Ardonagh Group of companies, has expanded its power, utility and construction team with four new appointments from JLT, Marsh and Miller.   12 July 2018

News

Munich Re Specialty taps Aspen, XL Catlin to lead Americas underwriting

Munich Re Specialty Group (MRSG) of London has added former Aspen and XL Catlin executives to lead its underwriting team.   31 August 2018

Insurance

Facebook evidence helps AXA win fraud case against boxing champion

French insurer AXA has won a fraud court case in the UK against three-time Home Counties boxing champion Conroy Downer by using Facebook evidence.   31 August 2018

Insurance

UK small businesses face 65,000 cyber-attacks per day

UK small businesses are being targeted with an average of 65,000 attempted cyber-attacks every day and at least one small business in the UK is successfully hacked every 19 seconds, according to a Hiscox report.   18 October 2018

Insurance

Zurich names new CEO of general insurance, Australia & New Zealand

Zurich Australian Insurance, a division of Zurich Insurance Group, has appointed Tim Plant as CEO of general insurance, Australia & New Zealand.   10 July 2018

Insurance

More than 100 die in record floods in Japan

At least 100 people have died in Japan as record rainfall caused flooding and landslides in western Japan, according to news reports.   9 July 2018

Insurance

European insurers target high-margin lines, reduce cost

European insurance companies are increasingly concentrating on high-margin lines and cost efficiencies in order to meet return on equity (ROE) targets, according to AM Best.   28 August 2018

Insurance

Reinsurance MGA, marine specialist form joint venture

Belgium-based reinsurance managing general agency (MGA) FourteenZeroFive and marine group 24Vision.Solutions formed a joint venture to facilitate the take up of reinsurance for engineering and energy placements across Africa.   15 May 2018

Insurance

R&Q completes reinsurance to close of Syndicate 3334

Bermuda-based Randall & Quilter (R&Q) has completed a transaction providing capital to support the reinsurance to close (RITC) of Hamilton Underwriting’s Syndicate 3334’s 2014 and prior years of account.   19 February 2018

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