Articles

Insurance

Marsh makes leadership changes after duo depart US property and FINPRO practices

Broker Marsh has made senior leadership appointments within its property and financial and professional liability (FINPRO) practices in the US and Canada.   4 September 2019

Insurance

Marsh property leader Duncan Ellis leaves to join AIG North America

American International Group (AIG) has appointed Duncan Ellis as head of retail property, North America general insurance.   4 September 2019

Insurance

Tesla to enter insurance market, promising to undercut rivals

Electric car maker Tesla has entered the insurance market, and some commentators have said it seems like a smart move.   4 September 2019

Insurance

Moody’s warns of 2020 ‘headwinds’ as it hails stable reinsurance sector outlook

Global reinsurance can expect to face market “headwinds” in 2020, despite strong capitalisation and rising pricing, credit ratings agency Moody’s has said.   4 September 2019

Insurance

Aspen recruits former Validus US CEO Jonathan Ritz as president

Bermuda-based Aspen Insurance Holdings has appointed Validus' Jonathan Ritz to the newly-created role of group president with immediate effect.   4 September 2019

Insurance

Fidelis taps Brit's Bob Clarkson to develop selective and profitable marine account

Bermuda-based Fidelis Insurance has hired Bob Clarkson to join its Fidelis Underwriting (FUL) London underwriting team as part of the group’s strategic initiative to further develop its focused offering of specialty insurance products.   4 September 2019

Insurance

ArgoGlobal pulls Syndicate 1200 from Asia, most hull underwriting globally to improve profitability

Lloyd's insurer and member of Argo Group, ArgoGlobal, has revealed its plans to exit Syndicate 1200 underwriting operations in Asia in a bid to "improve profitability" of the overall business.   2 September 2019

Alternative Risk Transfer

ILS market navigates stormy waters

A number of new reports on the global ILS market point to increasing signs of stability after a tough start to the year. Intelligent ILS investigates.   30 August 2019

Alternative Risk Transfer

Convergence capital expected to rebound after losses settle but investors will be cautious: S&P

A new report by S&P Global Ratings suggests that alternative reinsurance or third-party capital is likely to remain 'key' in the global market as reinsurers grapple to stay competitive following large losses in the recent years.   29 August 2019

Insurance

Many reinsurers ‘increase cat risk exposure’ to exploit 2019 price uptick, finds S&P Global

Most of the top 20 reinsurers have switched strategy to take advantage of the price uptick, seen during the April, June and July 2019 renewals, by increasing their exposure to catastrophe risk, a report from S&P Global has found.   9 August 2019

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