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Insurance
Connected home insurer Neos said that it secured £5 million in series A investment from Aviva Ventures and backing from Munich Re. 26 May 2017
Insurance
Non-life insurance-linked securities (ILS) issuance reached a record breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year. ILS assets under management (AUM) also continue to grow alongside fierce competition from investors. 1 August 2017
Insurance
US renewal rates remain competitive on average across all major lines of business in the third quarter of 2016, but US financial and professional liability lines experienced the lowest rate of decline and property lines experiencing the greatest rate of decline, according to Marsh’s Global Insurance Market Index covering the third quarter of 2016. 11 November 2016
Insurance
Barbican Insurance has appointed Lloyd Howson as group finance director, to replace Richard Cunningham. 19 May 2015
Insurance
Airline premium and rates ended 2017 higher than the preceding year for the first time in a decade and the underlying conditions continue to support higher premium and rates in 2018, says David Godley, founder partner of Altitude Risk Partners, a specialist aviation and space underwriting agency. 18 April 2018
Insurance
Rate increases in the January 2018 renewals were lower than expected after the significant natural catastrophe losses of the third quarter of 2017 but retrocession catastrophe programmes increased by up to 20 percent, according to a JLT Re market report. 26 January 2018
Insurance
XL Catlin’s insurance operations has appointed Lloyd Haynes as senior underwriter, international casualty covering the Asia Pacific market, based in Singapore. 8 June 2016
Reinsurance
The third party general liability and agricultural sectors will provide lots of growth opportunities in the next 24 months says Javier Vijil, president & chief underwriting officer for the Latin American and Caribbean division. 11 November 2013
Insurance
Britain’s largest companies are showing strong interest in multifaceted cyber protection following the launch of a customised cyber insurance solution for large businesses by Beazley and Munich Re in April, according to the two companies. 7 June 2016
News
Lebabon-based reinsurer Chedid Re has opened new office in Casablanca Finance City (CFC), as part of its expansion strategy to increase the company’s presence in North and West Africa. 9 December 2015
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