Articles

Insurance

Reinvention key for Lloyd’s as it bids to capture emerging market growth

The London Market, along with its flagship Lloyd’s, is falling behind in the important high-growth Asian insurance market as well as in major emerging markets such as Latin America.   13 June 2017

Insurance

WR Berkley sets up two Mexican companies; names heads

US insurer WR Berkley Corporation has formed two operating companies in Mexico after being granted authorisation by local regulator Comisión Nacional de Seguros y Fianzas (CNSF).   13 June 2017

Insurance

Peak Re gets green light to set up Labuan branch in Malaysia

Hong Kong-based Peak Reinsurance Company has been granted approval by the Labuan Financial Services Authority to carry on general reinsurance business in and through the Labuan insurance market.   13 June 2017

Insurance

Chubb expands terrorism and war capacity by 50%

Property/casualty insurer Chubb has increased its terrorism, political violence and war insurance capacity by 50 percent to meet the needs of large, multinational businesses with growing global exposures.   13 June 2017

Insurance

Validus to raise $250m through share offering

Bermuda-based Validus Holdings priced an underwritten public offering of 10 million depositary shares worth $250 million.   13 June 2017

Insurance

The Insurance Act: more work needed, warns Airmic

Market practice has a long way to go before insurers, brokers and their customers take full advantage of the Insurance Act, ten months after it became law, according to a new report issued by UK risk management association Airmic at its annual conference in Birmingham, UK.   13 June 2017

Insurance

AXA applies for reinsurance license in India

French insurer AXA is in the process of acquiring a reinsurance license in India, Intelligent Insurer understands.   12 June 2017

Insurance

UK government urged to work on insurance issues despite Brexit

The UK government needs to continue working on insurance issues such as whiplash reforms and the discount rate review despite the distraction caused by Brexit negotiations, law firm Clyde & Co has warned.   12 June 2017

Insurance

Liberty reveals next boss of aviation reinsurance

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Hans Towler to the aviation reinsurance team.   12 June 2017

Insurance

XL Catlin taps senior casualty underwriter from Zurich Australia

Re/insurer XL Catlin has appointed David Mutton as senior underwriter, casualty for Australia.   12 June 2017

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