Articles

Insurance

Castel unveils broker e-trading platform to tackle complex, unusual SME risks

Castel Specialty, a division of club-style MGA formation platform Castel Underwriting Agencies, has launched a new e-trade solution to address complex and unusual small business risks.   15 May 2019

Insurance

Aon: reinsurance ‘resilient’ despite unprecedented nat cat losses in 2018, 2017

Reinsurance sector earnings have remained buoyant in the face of unprecedented natural catastrophe losses over the past two years, Aon’s Reinsurance Aggregate (ARA) report has found.   1 May 2019

Insurance

Sompo International appoints Thomas Brazil as new CEO of European unit

Bermuda-based specialty re/insurer Sompo International Holdings has appointed Thomas Brazil as the new chief executive officer of SI Insurance (Europe), the company’s platform for European Economic Area (EEA) insurance business.   23 April 2019

Insurance

Lloyd's Channel Syndicate names Ackland as chief commercial officer

SCOR-backed Channel Syndicate 2015 at Lloyd’s has appointed Matt Ackland as chief commercial officer of the London platform.   13 March 2019

Insurance

Aspen gives $10m transaction bonus to ex-CEO O’Kane post Apollo takeover

Aspen has granted a $10 million bonus to its former chief executive officer Christopher O’Kane and $1 million to group chief financial officer Scott Kirk for assisting the Bermuda-based re/insurer with its $2.6 billion merger deal.   20 February 2019

Insurance

Willis Re swoops for Canopius exec to build agriculture business in Asia

Willis Re, the reinsurance division of broker Willis Towers Watson, has set up an agriculture team in Asia Pacific with the appointment of Canopius executive David Gregori.   20 February 2019

Insurance

JBA broadens access to Sri Lanka flood model via Simplitium’s ModEx platform

Flood risk modeller JBA Risk Management has released its Sri Lanka flood model on Simplitium’s ModEx platform. The initiative aims to broaden accessibility to the Sri Lanka model for both the insurers and the wider Disaster Risk Reduction (DRR) community.   20 February 2019

Insurance

Spanish and German CPRI figures show shift in claims trends, says BPL Global

Spain and Germany were in the top 10 countries for credit and political risk insurance (CPRI) claims by value over the past three years, highlighting a change in collection trends, a report by specialist broker BPL Global has found.   20 February 2019

Insurance

Cat bond issuance reaches $9.7bn in 2018, rate hardening expected: Swiss Re

After experiencing 18 months of above average industry losses, Swiss Re expects that ILS investors will want to see rates harden in 2019, especially for loss-impacted tranches.   20 February 2019

Insurance

Ascot hires inland marine head from Markel

Specialist re/insurer Ascot has appointed Jeff Vetter as executive vice president and head of inland marine. He joins from Markel where he led their inland marine division.   20 February 2019

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