Articles
Alternative Risk Transfer
Having weathered competitive and recessionary challenges, Bermuda is experiencing a renaissance of sorts. Turbulence and uncertainty in other global hubs are making the industry’s traditional incubator of change look very much like a safe harbour for companies seeking robust and innovative risk-transfer solutions. Bermuda:Re+ILS reports. 2 September 2016
Alternative Risk Transfer
Vario Partners, an insurance inked securities (ILS) structuring and investment firm, has appointed Markus Gesmann as head of research and modelling and Mike Kontaratos as head of investment. 2 September 2016
Insurance
Cathedral Underwriting, the Lloyd’s managing general agent of Lancashire Holdings, has appointed John Spence to the position of active underwriter for Syndicate 3010, effective immediately, and Jon Barnes as the active underwriter for Syndicate 2010, effective early 2017. 2 September 2016
Insurance
Marine insurers are grappling with increased competition, a soft market, economic uncertainties and the looming threat of piracy. But Dieter Berg, president of the International Union of Marine Insurance, is optimistic around insurers’ ability to stay afloat in this challenging environment. Intelligent Insurer reports. 1 September 2016
Insurance
Brexit could lead to a loss of business for Lloyd's of London unless the UK government is able to negotiate passporting arrangements to maintain access to the European Economic Area (EEA), according to a report by Fitch Ratings. 1 September 2016
Insurance
Channel Syndicate 2015 at Lloyd’s has made a series of appointments within the international and North American lines of its property direct and facultative (D&F) division, with Claudia Adkins named as its head. 1 September 2016
Insurance
Integro, a broker and risk management firm, has expanded its presence in Latin America in an agreement with HR Latinoamerica (HRL) to serve as its exclusive London wholesale reinsurance trading partner. 30 August 2016
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has agreed to acquire the business, staff and assets of Wholesale Binding Authorities (WBA), an Italian Lloyd’s coverholder. 25 August 2016
Insurance
Beazley, backed by the Beazley Elements consortium of Lloyd’s insurers, has doubled its capacity for operational and fixed-site environmental risks to $50 million to cover the environmental liabilities of large multi-national companies. 23 August 2016
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed Steve O’Gorman as head of marine, as the former head Philip Thorpe-Apps takes on an expanded position as global head of marine and energy. 22 August 2016
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