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The marine insurance sector is undergoing a rapid period of change and it is critical that insurers understand the risks the industry is facing and offer products that match these new trends, Dieter Berg, president of the International Union of Marine Insurance (IUMI) yesterday (Thursday 14 May). 15 May 2015
Insurance
MSIG at Lloyd’s, the international specialty arm of Mitsui Sumitomo Insurance Group, has appointed Martin Eyres as property underwriting manager and promoted Andrew Dougall as head of property/casualty. 14 May 2015
Insurance
Broker and risk management firm Integro has acquired Kite Warren & Wilson, a London-based insurance brokerage with specialties in marine hull & liability coverage and financial lines. 14 May 2015
Alternative Risk Transfer
Hiscox enjoyed strong growth in the first quarter of the year with its ILS business and speciality lines portfolio making up for tough market conditions in other lines including its reinsurance business Hiscox Re. 12 May 2015
Insurance
Capsicum Re, the specialist reinsurance broker, has poached two senior executives from JLT Re to boost its marine & energy specialty division joining Alistair Lockhart-Smith, who was also lured from JLT last month to lead the division. 11 May 2015
Insurance
Italian underwriting agency Marintec has entered into a strategic partnership with PartnerRe Wholesale, the specialist SME division of global reinsurer PartnerRe. 11 May 2015
News
The Navigators Group achieved growth across its US casualty, international marine and international management liability and E&O divisions though its net income dipped and book as a whole shrank in the first quarter of 2015. 8 May 2015
Insurance
Arthur J Gallagher (AJG) International, the UK-based international brokerage division of AJG, has expanded its presence in Chile with the acquisition of a majority shareholding in Quality Risk Management (QRM). 7 May 2015
Insurance
Tokio Marine Kiln, the dual platform provider of specialist and corporate insurance, has launched what it claims is the first comprehensive insurance product for drone insurance in the Lloyd’s market. 6 May 2015
Insurance
Amid challenging markets conditions, Intelligent Insurer compares the 2014 results of some of the world’s bigger players and examines the trends behind the explanations their chief executives give around their results. 5 May 2015
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