Articles
Insurance
Lloyd's has published its strategic plan of "transformational initiatives", including simplifying market access and lowering costs, to ensure the 333-year-old marketplace can thrive in an increasingly challenging environment. 1 May 2019
Insurance
The market is now well overdue a fundamental correction in pricing, something Stephen Catlin will look to capitalise on with his new venture Convex Group, unveiled yesterday (Tuesday May 1). He claims that losses in the industry have been so severe in recent years they are on the verge of destroying capital – something that should prompt a radical change. 1 May 2019
Insurance
Specialist Lloyd's insurer Neon has appointed former Hiscox underwriter Ben Murphy to its property insurance team in London. 31 August 2017
Insurance
French chemicals producer Arkema warned on Aug. 30 that its Crosby, Texas facility which makes organic peroxides is likely to explode and cause a subsequent intense fire. 31 August 2017
Insurance
New Zealand-based Tower has been impacted by severe and unprecedented weather and a settlement of a Peak Re dispute resulting in a half year loss of NZ$11.6 million ($8.04 million) for the half year ended March 31, 2018 compared to a loss of NZ$8.2 million in the same period a year ago. 30 May 2018
Insurance
Advisory firm Egan-Jones has joined Glass Lewis in recommending that AmTrust Financial Services stockholders vote "FOR" the company's merger agreement at the special meeting of stockholders on June 4, 2018. 30 May 2018
Insurance
TransRe’s parent Alleghany Corporation has estimated its pre-tax loss relating to Hurricane Matthew which hit North America at the beginning of October at less than $75 million. 18 November 2016
Insurance
Industry veteran Joseph Boren, chairman of Ironshore environmental and president of US field operations, is set to retire from the Liberty Mutual-owned company at the year-end 2017. 1 December 2017
Insurance
Specialist insurer Beazley has established its new US marine platform with an initial focus on hull, protection & indemnity (P&I) and liability coverage for the marine and marine construction sectors. 1 December 2017
News
Reinsurance broker and consultant JLT Re has appointed Graham Barden and Jon Warner to its aviation team as partners, based in its London office. 11 May 2017
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