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Operational risks such as pricing are top concerns for Lloyd’s CROs, finds LMA survey
Insurance
Operational risks such as pricing are top concerns for Lloyd’s CROs, finds LMA survey
Pricing, cost reduction and other “bread and butter” issues are the top concerns for chief risk officers (CROs) within Lloyd’s managing agencies.   18 September 2019
Bahrain’s Trust Re hires new executive management talent to boost corporate governance; forms committee
Insurance
Bahrain’s Trust Re hires new executive management talent to boost corporate governance; forms committee
Reinsurance firm Trust Re, headquartered in the Kingdom of Bahrain, has strengthened its executive management team with new appointments and formed a new executive committee.   18 September 2019
Willis Research Network, set up by Willis Re, partners with Mitiga Solutions on air traffic forecasting
Insurance
Willis Research Network, set up by Willis Re, partners with Mitiga Solutions on air traffic forecasting
The Willis Research Network (WRN) is partnering with Mitiga Solutions to enable airlines and airports to better manage the impact of natural hazards to air traffic management and aviation operations.   18 September 2019
Insurance
Gallagher hires Steve Wilkinson to lead claims at aerospace practice
Gallagher has hired prominent aviation market veteran Steve Wilkinson as head of claims at its global aerospace practice.   18 September 2019
Insurance
Lloyd’s appoints David Sansom as chief risk officer; Annette Andrews, chief people officer leaves the market
David Sansom has been appointed chief risk officer at Lloyd’s, as the market also confirmed the departure of Annette Andrews, its chief people officer.   18 September 2019
Insurance
Lloyd’s Neal reveals £2.3bn profit in H1 2019 but says ‘brave choices’ ahead
Lloyd’s of London has posted a £2.3 billion profit before tax for the first six months of 2019, prompting CEO John Neal to emphasise the importance of “maintaining momentum” and the need for ‘brave choices’ in the future.   18 September 2019
Insurance
Frederick Mutual signs up for Betterview property analytics for policy lifecycle
US insurer Frederick Mutual has signed up for Betterview's property analytics, saying it gives them a better understanding of risk.   18 September 2019
Insurance
Marine insurance market 'chaotic' as future remains uncertain, says IUMI
The ongoing global uncertainties, including the current trade tensions, will continue to impact all marine lines of business, specifically cargo and offshore energy, predicts the International Union of Marine Insurance (IUMI), which represents 43 marine market insurance and reinsurance associations globally.   17 September 2019
Insurance
Technology, Brexit and regulation top recurring concerns for insurance, finds law firm Beachcroft
Brexit, technology and regulation lead the key concerns of insurers in the latter half of 2019, according to a report by law firm DAC Beachcroft.   17 September 2019
Insurance
QBE combines cyber insurance with risk prevention and post-breach services
Specialist insurer QBE North America, a part of the QBE Insurance Group, has enhanced its cyber insurance solution to include cyberattack prevention services as well as post-breach response assistance.   17 September 2019

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