Articles

Insurance

Lack of diversity in insurance can't be fixed overnight — it's a work in progress

The dial is slowly shifting for diversity and inclusion in the insurance industry, but is still lagging far behind other sectors due to the lack of flexibility in workplaces and initiatives to support change.   28 August 2019

Insurance

IAG posts solid results despite quake reserves boost

General insurer Insurance Australia Group (IAG) has said that it has increased its loss reserves in relation to the 2010 and 2011 Canterbury earthquakes by NZ$950 million ($713.6 million).   19 February 2015

Insurance

Tokio Marine hires RSA exec to develop UK business

Specialist insurer Tokio Marine HCC has appointed Chris Christou as business development manager covering London and the South East of England.   15 February 2017

Insurance

Kenya Re downgraded on enterprise risk management concerns

AM Best has downgraded Kenya Reinsurance Corporation due to concerns over the effectiveness of its enterprise risk management (ERM) in the face of expected business growth and increasingly sophisticated competition.   21 February 2018

Insurance

Ironshore unveils new energy facility in the US

Bermuda-based Ironshore Specialty Casualty has launched a new oil and gas facility offering liability coverages for on-shore middle market energy classes in the US, with annual revenues between $5 million and $200 million.   14 February 2017

Insurance

Rates decline for 14th consecutive quarter, but deterioration less marked

Global insurance rates declined for the 14th consecutive quarter in the third quarter of 2016, although the rate of decline moderated by weighted average for the third quarter in a row, according to Marsh’s Global Insurance Market Index covering the third quarter of 2016.   11 November 2016

Insurance

JLT Specialty US hires senior vice president from Aon

JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group, has appointed Mark Purdy as senior vice president to enhance its analytics and consulting practice.   8 June 2017

News

Swiss Re expects stable rates

Swiss Re expects stable prices for the upcoming January renewals in the absence of any significant events, Moses Ojeisekhoba, head of reinsurance, told Monte Carlo Today.   12 September 2018

Insurance

Willis Towers Watson appoints Integro exec as Midwest leader

Broker Willis Towers Watson has appointed Thomas Zacharopoulos as Midwest leader for its Financial Institutions Industry group.   9 May 2017

Insurance

Beazley expands data breach response team

Specialist insurer Beazley has appointed Rafael Sanchez as international manager of Beazley Breach Response Services (BBR Services), a team designed to coordinate data breach response.   23 September 2016

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