Articles

Insurance

BMS bolsters energy division with JLT, Price Forbes hires

Broker BMS Group has hired four new executives from JLT and Price Forbes to expand its energy division.   17 September 2018

Insurance

Neal faces wide range of problems at Lloyd’s

Lloyd’s is in danger of falling behind the rest of the re/insurance industry if its new chief executive officer John Neal does not get a firm grip relatively quickly, according to Gavin Coull, partner and head of reinsurance at legal firm BLM.   17 September 2018

Insurance

Lemonade unveils open source policies

AI-powered insurtech firm Lemonade Insurance Company is planning to create open source policies with an aim to make them simple, approachable, relevant, and digital, according to CEO and co-founder Daniel Schreiber.   16 May 2018

Insurance

Up to 40% of some insurers’ revenues at risk from insurtech

Between 30 percent and 40 percent of some insurers’ revenues are at risk from the threat being created by Insurtech embracing technological innovations including data, robotics and artificial intelligence (AI), according to Paul Williams, executive chairman of insurtech company JRW Group.   4 July 2017

Insurance

Fidelis launches in Ireland with execs from XL, PartnerRe, AXIS, Hiscox

Bermuda-based Fidelis Insurance Holdings has revealed plans to establish a re/insurer in Ireland, which it said will allow it to take advantage of opportunities in the European Economic Area.   23 October 2018

Insurance

Former Novae CFO joins AIG unit as head of reinsurance

American International Group (AIG) has appointed Charles Fry as head of reinsurance, operations and transformation, general insurance.   3 October 2017

Insurance

Typhoon Jebi expected to cost up to $5.5bn: RMS

Risk modelling firm RMS has estimated that the insured loss for Japan from Typhoon Jebi will be between $3 billion and $5.5billion (¥340 to ¥620billion).   17 September 2018

Insurance

Hurricane Florence floods devastate North Carolina

Hurricane Florence drenched North Carolina with more downpours on Sunday, Sept. 16, damaging tens of thousands of homes and threatening worse flooding as rivers fill to the bursting point, Reuters reported on Sept. 16.   17 September 2018

Alternative Risk Transfer

Horseshoe appoints new London head from MS Amlin for ILS boost

Bermuda-based Horseshoe Group has appointed Jean-Bernard Crozet as senior vice president – advisory services and head of London office.   9 July 2018

Insurance

TigerRisk hires Swiss Re exec to head reinsurance unit

Reinsurance broking and risk/capital management firm TigerRisk Partners has appointed Seth Ruff as partner and head of reinsurance solutions.   10 October 2017

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