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Insurance
AFL Insurance Brokers (AFL) is expanding its surety and trade credit capabilities with the appointment of Nathalie Gordon as director of surety. 2 November 2017
Insurance
Flaspöhler, part of NMG Consulting, conducts an annual, global survey of brokers and insurance executives designed to illustrate reinsurers’ competitive positioning and respondents’ main concerns in a rapidly changing industry. Here, we reveal the top challenges reported by reinsurance brokers across Asia-Pacific. 1 November 2017
Insurance
Blenheim Underwriting Limited (Syndicate 5886) has launched its accident and health and specialty reinsurance divisions as part of its recently approved 2018 business plan, according to a Nov. 1 statement. 1 November 2017
Insurance
Bermuda-based Fidelis Insurance said that it has launched its first managing general agent (MGA), Radius, which will focus on niche specialty treaty excess of loss business such as cyber, nuclear and PA Retro. 1 November 2017
Insurance
While the soft market encourages re/insurers to get a better handle on their data, this momentum is unlikely to abate even if the cycle now reverses and the hard market returns, says Frank Fortunato, chief executive of CATEX. 30 October 2017
Insurance
Ironshore said on Oct. 30 that it appointed three executives to underwrite specialty casualty risk in the US and the London Market. 30 October 2017
Insurance
Fitch Ratings has reduced the outlook for Cayman Islands-based XL Group subsidiary XL (XLIT) and its property/casualty re/insurance subsidiaries to negative after “a meaningful deterioration in capitalization” following third-quarter nat cat losses. 30 October 2017
Insurance
Aon said on Oct. 30 that it has acquired has acquired UK’s independent insurance broking firm Henderson Insurance Broking Group. 30 October 2017
Insurance
Eight senior figures gathered at a roundtable discussion covering the forces driving change in and shaping the London Market in the context of how insurers and reinsurers are responding. The discussion, held in partnership with DXC, covered topics including Brexit, premium shrinkage and competition from other domiciles, talent and diversity. 30 October 2017
Insurance
Broker Willis Towers Watson said on Oct. 26 that the European Commission (EC) in October 2017 initiated investigation proceedings in respect of a suspected infringement of EU competition rules involving several broking firms, including the company’s principal UK broking subsidiary and one of its parent entities. 27 October 2017
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