Articles
Insurance
Ascent Underwriting, a London-based cyber and specialty lines MGA, has hired a new head of cyber from Brit Insurance. 2 October 2018
Insurance
Munich Re has appointed Mari Lizette Malherbe as chief executive officer (CEO) for Munich Re London life branch, the reinsurer's UK & Ireland life business. 2 October 2018
Insurance
Central Europe based investment group Arca Capital said that it will meet with state insurance regulators to oppose the AmTrust privatisation transaction and that it will continue to campaign aggressively against the "absurdly low" buyout price. 1 October 2018
Insurance
Starr Insurance Companies is expanding its presence in Europe with the opening of a new office on Oslo, Norway. 1 October 2018
Insurance
UK’s reinsurance scheme Flood Re is reducing the reinsurance premiums it charges to insurers from Jan. 1, 2019. 1 October 2018
News
Insurance is not known for being at the forefront of innovation. By and large, customers are buying the same types of covers from the same carriers in the same way as they were 20 years ago, says Anthony Bice, partner and head of EMEA Insurance, Oliver Wyman. 1 October 2018
Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has allowed state-run General Insurance Corporation (GIC) to retain the first right to offer reinsurance in India, BloombergQuint reported citing two people present at the firm’s recent board meeting. 1 October 2018
Insurance
Africa’s reinsurance and brokerage executives predict rising rates and profitability on the back of rebounding markets and a resurgent economy, according to the third edition of the Africa Reinsurance Pulse report. 1 October 2018
Alternative Risk Transfer
Tom Johansmeyer of PCS, Verisk Insurance Solutions, reviews 2017’s cyber losses and assesses where the momentum is—and examines why the ILS market should be taking note. 28 September 2018
Insurance
The procedure and the methods used by Covéa CEO Thierry Derez and Covéa to take over SCOR as well as their renewed expressions of interest after the bid has been rejected, “can only be considered as hostile and unfriendly, and are significantly disrupting the functioning of the company,” SCOR said in a corporate statement while insisting that Derez should resign from SCOR’s board. 28 September 2018
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