Articles
Insurance
The sharing economy has grown exponentially, fundamentally changing the business landscape, and insurers must think beyond traditional products and services in order to effectively meet the needs of the shared economy, according to a Lloyd’s Emerging Risk Report. 18 July 2018
Insurance
The aviation insurance market faced further upwards pricing pressure in the first half of 2018 driven by “on-going underwriting discipline and three-tier market conditions,” according to the JLT’s most recent Airline Insurance Market Update. 18 July 2018
Insurance
Managing general agents (MGAs) are coming under growing pressure from Lloyd’s as part of the market’s profitability push while also grappling with the continued uncertainty around Brexit. But executives in the sector remain confident they can adapt and manage the challenges. 18 July 2018
Insurance
Charles Taylor Managing Agency (CTMA) has appointed Colin Grint as chief executive officer. He will join CTMA later in 2018 from Capita Managing Agency. 17 July 2018
Insurance
Syndicate Research (SRL) has downgraded the B-^ (Below Average), stable outlook, Continuity Opinion of Lloyd's syndicate 780 (Advent Underwriting) to C+^ (Below Average). 17 July 2018
Insurance
Following a review of recent years' asbestos-related claims and litigation activity and insurers' paid and incurred loss experience, Fitch has raised projection for ultimate all-time US industry incurred losses to $100 billion compared with a previous estimate of $90 billion. 16 July 2018
Insurance
New US sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country, according to a July 13 Reuters report citing chairman Bruce Carnegie-Brown. 16 July 2018
Insurance
Reinsurance broker JLT Re, a subsidiary of Jardine Lloyd Thompson Group, has appointed Guy Carpenter executive Scott MacColl as head of credit and surety for North America. 16 July 2018
Insurance
Commercial property MGA European Property Underwriting (EPUL), part of Global Risk Partners (GRP), has appointed Christopher Box to the role of senior underwriter for UK and European property owner risks. 16 July 2018
Insurance
Insurance broker Brown & Brown has acquired Portland-based Professional Disability Associates (PDA), a disability services company providing specialty claims management services. 16 July 2018
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