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Insurance
Bermuda-based holding company Everest Re Group has been granted in-principle approval by the Central Bank of Ireland to operate as an authorised non-life insurer in Ireland. 3 October 2017
Insurance
Liberty Specialty Markets (LSM) will form a $27 billion consortium with the Channel Syndicate and Canopius to provide capacity for its new trade finance insurance initiative Toredo. 6 March 2018
Insurance
S&P Global Ratings said on July 7 that it reduced its outlook for UK-based life insurer Legal & General’s (L&G’s) subsidiaries as the group’s spending is outpacing retained earnings. 10 July 2017
Insurance
Traditional insurers are too slow to react to trends in the sector and managing general agents (MGA’s) may be able to adapt more quickly and efficiently, offering the necessary expertise and potentially making the insurer’s underwriting capabilities become obsolete, according to a panel discussion at the 2017 Managing General Agents’ Association conference. 5 July 2017
News
JLT Specialty Insurance Services, a US subsidiary of Jardine Lloyd Thompson (JLT), has appointed Chris Najim as senior vice president of analytics and consulting. 15 April 2015
Insurance
The Bank of England governor, Mark Carney, has claimed that the need to manage mega risks is “as important as ever.” 30 September 2015
Insurance
Insurance broker Lockton has named Jeff Henningsen as president of its Houston property and casualty insurance operation. 9 June 2017
Insurance
The London Market Group (LMG) has launched its London Market (LM) Target Operating Model (TOM) Steering Board. 27 January 2016
Insurance
Bermuda-based Qatar Reinsurance Company (Qatar Re) has received regulatory authorisation from the UK's Prudential Regulation Authority (PRA) to open a branch office in London and carry out certain regulated activities. 11 January 2018
Insurance
The underwriting division of GRP, which consists of seven niche and speciality line MGAs representing over £100 million in gross written premiums, is one of the newest members of the MGAA. The division’s chief executive officer Clive Nathan discusses why now is a good time for MGAs to flourish. 5 August 2019
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