Articles
Insurance
In a highly competitive environment, brokers need to harness the powers of innovation, client centricity, agility and diversification to stay on top, says Dimitris Tsesmetzoglou, CEO of Matrix Brokers at Lloyd’s, in an interview. 10 September 2017
Insurance
The increased regulatory burden that has been imposed on insurers in recent years, exacerbated by Solvency II, has continued to prompt many smaller players to convert from being fully fledged insurers to become managing general agents (MGAs). 10 September 2017
News
Some 18 months ago, Stephen Postlewhite, chief executive officer of Aspen Re, was moved to head up the group’s insurance business and tasked with repositioning the business and implementing a new business model. He spoke to Intelligent Insurer about his achievements so far and the challenges to come. 9 September 2017
Insurance
Irma’s insured damage in Florida could be the largest ever in the US, perhaps equivalent to Hurricane Katrina in 2005 which recorded $50 billion on an inflation-adjusted basis, Barclays analyst Jay Gelb said in a Sept. 5 equity research analyst note. 6 September 2017
News
US property/casualty reinsurers enjoyed growth in their gross written premiums in the first six months of the year, according to a survey of 18 reinsurers’ statutory underwriting results conducted by the Reinsurance Association of America (RAA). 22 August 2017
Insurance
Direct Insurance London Market, the Lloyd’s division of specialist broker Direct Insurance Group, has reached agreement to take on Alwen Hough Johnson’s Latin American facultative business and hire two of its senior executives as it targets growth in that region. 22 August 2017
Insurance
Tokio Marine & Nichido Fire Insurance, a subsidiary of Tokio Marine Holdings, has established a representative office in Phnom Penh, Cambodia, as it looks to support the growing number of Japanese companies operating in the market. 22 August 2017
Insurance
Willis Towers Watson has hired a senior executive from Marsh USA into the role of corporate risk and broking market leader for its Metro DC/Chesapeake market. 22 August 2017
Insurance
Brit has hired Aspen Insurance’s vice president, primary casualty, to the role of senior vice president, excess casualty, its unit for Brit Global Specialty USA. 22 August 2017
Insurance
Ascot Group has formed a new standalone managing general agent (MGA) and hired two senior executives from WKFC Underwriting Managers, part of Ryan Specialty, including its CEO to run it. 22 August 2017
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