Articles

Insurance

JLT Capital Markets closes $53.6m cat bond

Jardine Lloyd Thompson Capital Markets (JLTCM), part of JLT Re, has completed its second private placement catastrophe bond in two days.   15 June 2016

Insurance

Wins in reinsurance boosts growth at JLT but profits dip as it ‘transforms’

JLT Group enjoyed strong growth in its reinsurance segment in the first halve of 2018 but its profits were hit by the costs associated with its global transformation programme, which it claims will eventually benefit the business to the tune of £40 million a year.   26 July 2018

Insurance

Energy and marine underwriters to be impacted by EU Turkey sanctions

‘They must ensure sanctions exclusions in place and fit for purpose’.   14 November 2019

Insurance

Travelers poaches Catlin construction exec

US insurer Travelers has appointed Paul Latimer to lead the development of a global construction business offered through its Lloyd’s Syndicate.   23 March 2015

Insurance

Beazley hires specialty treaty underwriter to expand product solutions unit

Specialty insurer Beazley has appointed Desiree Khoury as a specialty treaty underwriter within its product solutions team, which provides customised turnkey products to insurance company partners.   24 June 2019

Insurance

Chaucer and AXA partner on specialty business in Africa

Specialist Lloyd’s insurance group Chaucer has formed a strategic partnership with AXA to support the development of a new specialty insurance business in Africa.   19 April 2016

Insurance

Everest Re adds Stone Point founding partner Hartzband to board

Bermuda-based re/insurer Everest Re Group has appointed Stone Point Capital founding partner Meryl Hartzband to its board of directors.   28 May 2019

Insurance

Sportscover dispels rumours it needs new funds

Lloyd’s managing agent Sportscover has disproved rumours that it needs fresh funds for its Syndicate 3334 to come into line (CIL) at the end of the month.   5 June 2014

Insurance

Travelers creates new EU subsidiary in Brexit move

Property/casualty insurer Travelers Europe will apply to the Central Bank of Ireland for authorisation of a new, wholly owned insurance subsidiary incorporated in the Republic of Ireland, according to a Dec. 19 statement.   19 December 2017

Insurance

Insurance groups urge delay on IFRS 17 until 2023 as 'significant issues not addressed’

Insurance bodies have called on the International Accounting Standards Board (IASB) to delay the implementation of IFRS 17, the new accounting standard, to 2023, saying a “number of significant issues have not been addressed”.   26 September 2019

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