Articles

Insurance

UK motor insurance sector posts record results

The UK motor insurance market has reported a net combined ratio (NCR) of 96.8 percent in 2017, the best result since 1994 and the second best since records began, according to EY’s Annual UK Motor Insurance Results.   28 June 2018

Insurance

Blanc resigns as CEO EMEA of Zurich and chair of ABI after less than a year

Zurich Insurance Group’s CEO Europe, Middle East & Africa (EMEA) Amanda Blanc has resigned with immediate effect. She joined the group in October 2018 from AXA.   3 July 2019

Insurance

Gallagher acquires Allied Insurance Brokers and Ascinsure Specialty Risk in the US

Broker Arthur J Gallagher has acquired Pennsylvania-based Allied Insurance Brokers and its subsidiary Ascinsure Specialty Risk.   19 September 2019

Insurance

Ascent appoints chief operations officer

Specialist managing general agent (MGA) Ascent Underwriting has appointed Kevin Cleary as chief operations officer (COO).   4 July 2016

Insurance

Watford has fallen 'horribly short of expectations', investor suggests sale

Capital Returns has called for the reinsurer to sell itself as it lacks 'inherent competitive strengths or core competencies' and has generated 'extremely disappointing results'.   19 May 2020

Insurance

HDI Global appoints new head of Switzerland from AXA XL

Industrial lines insurer HDI Global has appointed Michael Rüsch as the new authorised representative and head of its branch for Switzerland.   7 May 2019

Risk Management

Why insurers need to be more honest with risk and insurance managers

While insurers have welcomed the hardening market, it poses a challenge for insurance managers—who are increasingly looking at alternative risk transfer solutions, according to Scott Feltham, group insurance manager for Compass Group. He explains why the hardening market could be bad for insurers in the long run.   23 October 2020

Technology

Transforming quote, bind and issue with APIs

Underwriting application programming interfaces (APIs) make it possible to close and remarket much more business than before, aiding customer retention and helping carriers and brokers triage and boost volumes together. This is never more important than in today’s hardening market.   17 May 2021

Insurance

Pandemic has been a call to arms for re/insurers: Swiss Re

The COVID-19 pandemic has driven awareness of risk, but that won’t last forever and the sector must not sit on its laurels, according to the CEO of reinsurance Asia at Swiss Re.   15 November 2021

Insurance

Hudson Structured was lead investor in $45.5m Catalina private debt transaction

Hudson Structured Capital Management (HSCM) acted as a lead investor in the recent $45.5 million private debt arrangement for Catalina General Insurance, a subsidiary of Catalina Holdings (Bermuda), the company has revealed.   12 May 2017

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