Articles
Insurance
The chief executive of Probitas Syndicate 1492 at Lloyd’s has said the syndicate may move to find a buyer for the capacity and shareholding in Probitas provided by Istmo Compañía de Reaseguros (Istmo Re), the Panama reinsurer now under regulatory supervision in its home market. 15 December 2016
Alternative Risk Transfer
Soft market pressures, a prolonged low interest rate environment, low barriers to ILS capital entering the sector, the digital economy, tepid GDP growth… Hiscox Re’s Bill Lazzaro argues that how we respond to the current challenges in the reinsurance sector will define our future. 15 December 2016
News
Istmo Compañía de Reaseguros (Istmo Re), the Panama reinsurer which backs Probitas Syndicate 1492 at Lloyd’s, has been downgraded to ‘E’ from ‘B’ by AM Best following the intervention of its regulator in Panama. 15 December 2016
Insurance
Axis Capital Holdings is set to relocate its London office to a new skyscraper called The Scalpel in 2018, adjacent to Lloyd’s of London at 52 Lime Street. 14 December 2016
Insurance
Delta Lloyd executive board member Ingrid de Graaf is leaving the company in the spring of 2017. 14 December 2016
Insurance
Guy Carpenter has formed a global strategic advisory organisation, appointing Rob Bentley as its president and Vicky Carter as vice chairman. 14 December 2016
Insurance
John Nelson and Inga Beale, the chairman and chief executive of Lloyd’s respectively, have confirmed that the market’s 2017 subscription will reduce by 10 percent in a joint year-end statement. 13 December 2016
Insurance
John Nelson and Inga Beale, the chairman and chief executive of Lloyd’s respectively, have warned that the solid performance the market has enjoyed this year, barring any major catastrophe claims in the next two weeks, simply masks a deteriorating and worrying trend: that current year underwriting is not profitable in aggregate at the moment. 13 December 2016
Insurance
Specialist listed Lloyd’s insurer Novae Group has appointed Helen Steadman as the head of cargo division. She will report to the head of marine Darren Carr. 13 December 2016
Insurance
Software provider Adsensa has introduced a solution designed to improve the processing of market reform contract (MRC) submissions and associated documents. 12 December 2016
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