Articles

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

Insurance

Blockchain-powered insurtech launches to 'disrupt' motor market

Insurtech start-up VouchForMe, a blockchain-powered peer-to-peer insurance model based on social proof endorsements, has launched in the UK with the aim to "disrupt and revolutionise the insurance industry".   19 February 2019

Insurance

Stricter EU rules drive ‘rise in workloads and stress’ for insurance staff

Insurers and unions warn of a “substantial rise in insurance employees’ workloads and stress” as a result of stricter European Union financial rules, brought in after the 2008 crisis.   19 February 2019

Insurance

Everest adds retail property expert from Ironshore

Everest Insurance hired Kevin Flaherty to join its retail property team in the US East region.   19 February 2019

Insurance

Chubb appoints new life sciences leader for the UK and Ireland

Insurer Chubb has appointed Louise Joyce as life sciences manager for the UK and Ireland. She will be responsible for leading Chubb's life sciences team and overseeing its strategic development and execution.   19 February 2019

Insurance

Aspen follows AXIS recruit with Liberty cyber underwriter in London

Aspen Insurance has hired an experienced cyber and errors and omissions (E&O) underwriter for its London-based cyber team, which is headed by Mauro Signorelli.   19 February 2019

Insurance

Ageas hires Aspen UK CFO Jonathan Price

Insurance group Ageas has hired a new chief financial officer (CFO) for its UK business from Aspen Insurance Group.   19 February 2019

Insurance

Apollo appoints Cloutier as Aspen CEO, reshuffles board as it closes $2.6bn acquisition

Alternative investment manager Apollo has unveiled Mark Cloutier as the new executive chairman and group chief executive officer of Aspen and made other leadership changes.   18 February 2019

Insurance

InsurTech TrackActive collaborates with Gen Re to ‘reinvent’ healthcare insurance

TrackActive, a UK-based InsurTech startup, said it is on target to raise the £300k it needs in seed funding after it partnered with Gen Re, lead investor HR Tech Partnership, and other angel investors through Seedrs.   13 February 2019

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