Articles

Alternative Risk Transfer

Resisting the seduction of models

The nat cat loss experiences of 2017 and 2018 have shown the weaknesses of relying upon a standardised external model without internal enhancement through the application of expert judgement and actuarial technique. Dirk Lohmann of Schroders investigates the solutions.   9 October 2019

Insurance

James River cancels auto insurance for Uber subsidiary Rasier over profit concerns

Bermuda-based James River Group Holdings has given notice of early cancellation of all insurance policies issued to Rasier - its largest customer and an affiliate of ridesharing company Uber Technologies.   9 October 2019

Insurance

BMS poised for 'strong profitable growth' as it secures major investment from BCI and PCP

BMS Group has secured a long-term equity investment, which values the specialist re/insurance broker at £500 million, from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP).   9 October 2019

Insurance

MGA Ascent boosts cyber underwriting team to meet US demand

Cyber and specialty lines MGA Ascent Underwriting has hired two cyber underwriters Kieran Shiret and Henry Rydon.   8 October 2019

Insurance

MGA Hive Aero appoints aviation analyst

Hive Aero, a managing general agency (MGA) specialising in aviation hull war insurance, has hired Mark Shurville as aviation analyst.   8 October 2019

Insurance

Lockton taps Marsh's Tom Orrico to lead financial institutions practice

Broker Lockton has hired Marsh's Tom Orrico to lead its financial institutions practice as senior vice president and managing director.   7 October 2019

Insurance

Globe Underwriting names new head of marine and transport following departure

UK managing general agent Globe Underwriting has appointed David Dymond as the new head of marine and transport following the retirement of Peter Rogers.   7 October 2019

Insurance

Guy Carpenter head of international facultative departs; interim successor revealed

Broker Guy Carpenter, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has appointed Frank Guerriero as interim head of international facultative operations.   7 October 2019

Insurance

Brown & Brown appoints Stephen Boyd to lead technology and digital strategy

Florida-based broking firm Brown & Brown has appointed Stephen Boyd as senior vice president of technology, innovation, and digital strategy.   4 October 2019

Insurance

CAC Specialty launches private equity unit with slew of key hires

Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has launched a new financial sponsors group (FSG) to bring together seven of its specialties.   4 October 2019

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