Articles
Insurance
Pioneer Special Risk, a subsidiary of Pioneer Underwriters, has been approved as a coverholder at Lloyd’s for excess and surplus (E&S) casualty lines. 15 October 2015
Insurance
Lloyd’s syndicates have just weeks to submit a business plan mapping a route to profits, and those that fail will be closed, Jon Hancock, performance management director of Lloyd’s, confirmed to Monte Carlo Today. 12 September 2018
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
Niche venture capital provider BP Marsh has acquired a 20 percent stake in South African Property And Liability Underwriting Managers (PLUM) for £300,000. 3 July 2015
Insurance
The chief operating officer (COO) of Towergate, Michael Rea, has stepped down amid a restructuring of the firm. 27 February 2015
Insurance
Brit, the global specialty insurer, will act as lead partner for Ambridge Partners as it increases capacity to $175 million in its transactional liability facility. 16 February 2016
Alternative Risk Transfer
Tom Johansmeyer of PCS, Verisk Insurance Solutions, looks back at 2018 and what impacted the ILS market over the year, and forward to the next 12 months. 21 January 2019
Insurance
Stephen Catlin, the executive deputy chairman of XL Group, is retiring from the company at the end of 2017, the Bermuda-based re/insurer announced in a statement. 5 April 2017
Insurance
Liberty Mutual’s national insurance property operation has appointed Dan Feige as division underwriting manager for its inland marine division. 17 July 2015
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
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