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Insurance
Jackson Lee Underwriting has launched what it claims is the market’s first Fleet GAP policy with a built-in temporary replacement vehicle solution. 23 October 2019
Insurance
Bermuda (re)insurers are still suffering above-average catastrophe losses and combined ratios, said ratings agency Fitch. 23 October 2019
Insurance
SSL Endeavour (SSLE) has signed definitive documents for the acquisition of a controlling shareholding in WorldLink Holdings, a North-American specialty aviation brokerage and MGA. 23 October 2019
Insurance
The International Underwriting Association (IUA) has established a new London market committee for underwriters providing professional indemnity cover to the construction industry, with a focus on issues surrounding the use of cladding and fire protection in the wake of the Grenfell fire. 23 October 2019
Insurance
NewRe CEO Renate Strasser said she didn’t see any reason why rates would go down, in fact it is likely to be “rather the opposite”. 23 October 2019
Insurance
Laure Forgeron, head P&C facultative EMEA for Swiss Re, sees growth for her area of the business “coming from everywhere”. 23 October 2019
Insurance
The re/insurance losses seen in 2017 and 2018 have given the market “a different feeling” this year, said Mark O’Riordan, group reinsurance director at Ecclesiastical. 23 October 2019
Insurance
Google, Facebook and Amazon could become significant players in the re/insurance business of the future, according to Johannes Martin Hartmann, chairman of the board at VIG Re. 23 October 2019
Alternative Risk Transfer
As investments into China’s Belt and Road Initiative (BRI) increase, Kirill Savrassov, CEO of Phoenix CRetro Reinsurance Company, told Baden-Baden Today that it represents big opportunities and challenges for the reinsurance industry, especially from a cat perspective. 23 October 2019
Insurance
Demographic trends are working in Pro Global’s favour in Germany, helping it tighten its grip on a market that it is already dominant in, according to Robert Buchberger, managing director at the firm. 23 October 2019
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