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Insurance
Specialist Lloyd's insurer Neon has appointed Matthew Watson to its professional indemnity (PI) team. 5 July 2017
Insurance
Global insurance premiums increased by 3.1 percent in real terms in 2016, down from 4.3 percent growth in 2015, according to the latest Swiss Re Institute's sigma report. 5 July 2017
Insurance
Bermuda-based holding company Fidelis Insurance has promoted Ian Turner to the position of group chief actuary. 5 July 2017
News
Crosswinds Re, a specialty reinsurance business vehicle established by Crosswinds Holdings in the Cayman Islands, has entered into an underwriting agreement with TransRe as it struggles to find profitable business. 5 July 2017
Insurance
Traditional insurers are too slow to react to trends in the sector and managing general agents (MGA’s) may be able to adapt more quickly and efficiently, offering the necessary expertise and potentially making the insurer’s underwriting capabilities become obsolete, according to a panel discussion at the 2017 Managing General Agents’ Association conference. 5 July 2017
Insurance
Liberty Specialty Markets (LSM), part of the Liberty Mutual Insurance Group, has officially announced that it intends to headquarter its post-Brexit EU operations in Luxembourg. 4 July 2017
Insurance
South Korea’s new President Moon Jae-in will struggle to reform the local insurance market, according to a report by Axco Insurance Information Services. 4 July 2017
Insurance
Chubb has launched as new so-called MasterPackage solution for technology companies domiciled in the UK and Ireland which includes improved cyber coverage. 4 July 2017
Insurance
Advisory firm Moore Stephens has merged with actuarial firm James, Brennan & Associates (JBA). 4 July 2017
Insurance
Delta Insurance Singapore, which describes itself as the first cyber, technology and financial lines Lloyd’s Coverholder in Singapore, has opened for business. 4 July 2017
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