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The continued soft market is the biggest concern during this renewals season, according to respondents to Intelligent Insurer’s Baden-Baden 2017 survey, a response that shows that despite the heavy losses in the US in recent months, negotiations in Europe may not involve rate increases to the extent some would like. 25 October 2017
Insurance
Hiscox Re’s strategy of balancing its internationally traded, catastrophe exposed big ticket insurance and reinsurance lines with low volatility retail business is built exactly for times like this—when rates are likely to harden, according to Andrew Dolphin, chair of international business at Hiscox Re. 24 October 2017
Insurance
The risk of physical damage arising from a cyber attack is a growing area of concern, driven by recent incidents and the potential scale of future events, according to Tom Harvey, product manager of RMS Cyber Solutions. 23 October 2017
Insurance
Film producer Harvey Weinstein is fighting back against Chubb, demanding that the personal indemnity insurer must pay for his legal defense against 11 lawsuits that accuse him of sexually harassing or assaulting women over the past three decades, according to a Reuters May 8 report. 9 May 2018
Insurance
Insurtech firm REIN has raised $7.3 million in venture funding and unveiled its first digital product for commercial drone operators, underwritten through Liberty Specialty Markets (LSM). 29 June 2018
Insurance
Equinox Global, the Lloyd’s cover holder specialising in trade credit insurance, has opened an office in the Netherlands and has appointed Frank Masteling as head of Equinox Netherlands. 9 June 2014
News
Japan-based Toa Reinsurance Company (Toa Re) has hired the former chief executive of Amlin Europe to spearhead a new European reinsurance venture. 17 May 2018
Insurance
Qatar Insurance Company, which earlier this year secured access to Lloyd’s through the acquisition of Antares, enjoyed solid growth and a big jump in its net profit for the first quarter of 2014. 17 April 2014
Insurance
Intermediary Hyperion Insurance Group has appointed Mark Stephen as a non-executive director and chair of its audit committee. 17 May 2018
Insurance
AEGIS London, the UK-based subsidiary of AEGIS, has appointed David Croom-Johnson as its new managing director (MD). 12 June 2015
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