Articles

Insurance

Any chance of UK rate hikes has gone now: buyer

Given some of the headlines and predictions of big rate hikes in the aftermath of the 2017 cat losses in the US, most buyers will be pleased with what remains a relatively stable environment for rates as they head to Monte Carlo, Mark O’Riordan, group reinsurance director at Ecclesiastical, told Monte Carlo Today.   9 September 2018

Technology

Strategic importance of digital grows as insurance evolves

Insurers are at a crossroads as AI drives industry evolution. Richard Hartley, CEO of insurtech Cytora, outlines the areas to watch as things progress.   26 May 2020

Insurance

Everest unveils transportation and logistics group

Bermuda-based Everest Re Group has launched a new transportation and logistics business segment within Everest Insurance, led by Jeff Engelbrecht.   25 June 2018

Insurance

Hurricane Michael losses expected at up to $4.5bn

Hurricane Michael made landfall as a Category 4 hurricane along the Florida Panhandle coast yesterday (Oct. 10) and is expected to have caused damage from wind and storm surge in the range of $2 billion to $4.5 billion, according to CoreLogic estimates.   11 October 2018

Alternative Risk Transfer

Hiscox appoints CFO for reinsurance, ILS

Specialist insurer Hiscox has appointed Liz Breeze as the new chief financial officer (CFO) of its reinsurance and alternative capital business Hiscox Re & ILS, based in Bermuda.   11 October 2018

Insurance

MGA leaders offer insights into the big issues for the industry now and in the future

Now seems to be a great time to be running an MGA – but are there downsides? And what is the future for the sector? We asked five MGAs some questions around their confidence, concerns and goals—and their opinions on technology in our virtual roundtable.   12 July 2019

Insurance

Allianz teams up with Silicon Valley firm in cyber protection

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has teamed up with Silicon Valley-based software company Zeguro.   5 October 2017

Insurance

Aspen grants CFO $2m retention award

Bermuda-based Aspen Insurance Holdings has granted its group chief financial officer Scott Kirk with a retention award in the amount of $2 million.   15 August 2018

Insurance

Skuld boosts syndicate team

Marine insurer Skuld has appointed David Munro in the new role of risk manager for Skuld’s Syndicate 1897 at Lloyd’s.   1 December 2014

Insurance

AXA XL to reduce cat exposure, lifts synergies

AXA XL, the property/casualty (P&C) and specialty risk division of the AXA group, is targeting higher synergies than previously announced from the combination of the XL Group and AXA businesses while also planning to further reduce the natural catastrophe (nat cat) exposure.   28 November 2018

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