Articles
Insurance
Bermuda continues to thrive as an insurance hub despite facing increasing competition from every direction. Intelligent Insurer investigates why it has such an appeal for companies looking to place their risks. 16 April 2013
News
Underwriting agency APC has launched a London market broking team to place risks for regional brokers that cannot be facilitated under its regular binding authorities. 10 April 2013
Insurance
Antares has revealed positive results for its syndicate 1274 for 2012, despite noting that both the most expensive ever marine loss for insurers and one of the most expensive storm events ever, happened last year. 10 April 2013
Insurance
Argo International, the Lloyd’s insurer and member of Argo Group, has appointed James McPartland as an underwriter in its professional indemnity team. He takes up his new position with immediate effect and will report to Ryan Barnes, class underwriter. 27 March 2013
News
Argenta Syndicate Management, a subsidiary of Argenta Holdings, has appointed David Thompson to the new role of head of claims and reinsurance operations, following the company’s decision to combine both departments into a single division. He will report to Paul Hunt, underwriting director. 27 March 2013
News
ProSight Specialty Underwriters, operating Syndicate 1110 at Lloyd’s, has appointed Dennis Huggins as technology underwriter. He takes up his position with immediate effect. 27 March 2013
Insurance
Lloyd’s of London has announced a profit of £2.77bn for 2012, marking a return to profit following last year’s loss of £516m, which was the costliest year on record for natural catastrophes. 27 March 2013
Insurance
Following last week’s sale of Canopius Holdings Bermuda Limited and its merger with Tower Group, Canopius Group Limited has renamed Omega Specialty Insurance Limited, its reinsurance platform in Bermuda, Canopius Reinsurance Limited. 20 March 2013
Insurance
Aon Risk Solutions has signed a unique co-insurance agreement with Berkshire Hathaway International Insurance that provides clients fast and efficient access to AA+ rated capacity for all eligible business placed by Aon Risk Solutions where the Lloyd’s market participates. 20 March 2013
Insurance
Demand for transactional risk insurance grew by 41 per cent globally in 2012 as firms increasingly turned to the insurance market to protect large deals and cross-border acquisitions or sales. 15 March 2013
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