Articles

Insurance

Models must evolve to tackle silent cyber - CyberCube

Concern from reinsurers will drive elimination of ambiguity in primary contracts.   17 December 2019

Insurance

The Hartford transfers $1.6bn US pension liabilities to Prudential

The Hartford, a US-based property/casualty insurer, has entered into an agreement to transfer $1.6 billion, or 29 percent of its $5.6 billion in US qualified pension plan liabilities, to Prudential Financial.   27 June 2017

Alternative Risk Transfer

Pool Re appoints GC Securities to explore ILS options

Pool Re has appointed GC Securities, a division of MMC Securities LLC, as its insurance-linked securities (ILS) advisor and placement agent.   25 April 2018

Insurance

Lack of understanding prevents cyber insurance purchase, says study

The most significant factor preventing companies to purchase cyber insurance is that firms do not understand their own risk exposures, according to a new study of the UK cyber risk insurance and broker community.   24 April 2018

Insurance

RGA appoints new members to the board of directors

Life and health reinsurer Reinsurance Group of America (RGA) has appointed John Gauthier and Hazel McNeilage to its board of directors, increasing the number of members to 11.   24 April 2018

Insurance

6m customers overpaying for insurance – Financial Conduct Authority

Some six million customers are overpaying for their insurance, according to the UK’s watchdog, the Financial Conduct Authority (FCA), which has proposed tough new measures to address the issue.   4 October 2019

Insurance

XL Catlin first to bind political risk policy on London Market PPL

XL Catlin has started trading on the London Market’s electronic placement platform PPL, becoming the first insurer to bind a political risk policy.   23 April 2018

News

Cathedral acquisition boosts Lancashire’s results

Re/insurer Lancashire’s gross written premiums increased by 33.5 percent to $907.6 million in 2014, compared with $679.7 million in 2013, primarily derived from the new Lloyd’s segment following the acquisition of Cathedral in the fourth quarter of 2013.   12 February 2015

Insurance

JLT to acquire Towergate broker

Jardine Lloyd Thompson (JLT) has agreed to acquire Hayward Aviation from Towergate Insurance for £27 million.   8 December 2014

Insurance

AmWINS MGA Unicorn launches SME division under LV= hires

US-based global broker AmWINS Group has launched a small and medium-sized enterprise (SME) division within its London-based managing general agent Unicorn Underwriting.   12 June 2018

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