Articles
Insurance
As tropical Storm Barry moves towards New Orleans, weather forecasters are predicting that it could become a hurricane and then stall over land, meaning that rain, not wind, will be the main peril. 12 July 2019
Insurance
Specialist insurer Markel Corporation has added a stand-alone employment practices liability policy customised for professional employer organisations (PEOs) to its management liability suite of products. 12 July 2019
Insurance
Re/insurance broker Aon has appointed Tim Ronda as president of its US reinsurance solutions business with immediate effect. 12 July 2019
Insurance
Now seems to be a great time to be running an MGA – but are there downsides? And what is the future for the sector? We asked five MGAs some questions around their confidence, concerns and goals—and their opinions on technology in our virtual roundtable. 12 July 2019
Insurance
Lloyd’s six bold initiatives receive 'outstanding' support from market participants and stakeholders
Lloyd’s of London has received "widespread backing" from its market participants and stakeholders on its recently-launched strategic plan of transformational initiatives, including simplifying market access and lowering costs, to ensure the 333-year-old marketplace can thrive in an increasingly challenging environment. 12 July 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has named Michael Chang, Graham Evans and Christopher Sparro to co-lead its commercial property and casualty (SI Commercial P&C) insurance business. 11 July 2019
Insurance
Arcus Syndicate 1856, which is managed by Barbican Managing Agency, has hired Alex Shepherd as active underwriter from RenaissanceRe Syndicate 1458 where he was head of property. 11 July 2019
Insurance
MS Amlin, the first re/insurer to join Lloyd's India office, has informed the Indian regulator IRDAI that it has decided to discontinue business operations in India as part of a group-wide review of its operating structure and performance. 11 July 2019
Insurance
Zurich-based reinsurer Swiss Re has suspended its previously announced initial public offering (IPO) of UK closed life book business ReAssure citing weak investor demand and market conditions. 11 July 2019
Insurance
The economic cost of a record breaking heatwave, severe storms and flooding in Europe in June 2019 is expected to exceed €1.774 billion (US$2 billion), according to Aon’s monthly Global Catastrophe Recap report. 11 July 2019
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