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Ogden discount rate ‘just a bump in the road’ for motor insurers, says S&P

UK16-07-2019Insurance news, Reinsurance News

S&P Global Ratings said the less generous than expected minus 0.25 percent Ogden discount rate announced yesterday is ‘just a bump in the road’ for UK motor insurers.

Hudson Structured leads Series B funding round for insurtech RiskGenius

North America16-07-2019Insurance news, Reinsurance News

Hudson Structured Capital Management (HSCM Bermuda) has led the Series B funding round of insurtech RiskGenius, which provides software-based natural language processing tools for improving the quality and accuracy of insurance policies.

International Re launches first re/insurance solution for mid-sized captives

North America16-07-2019Insurance news, Reinsurance News, Specialty

Specialist captive managing general agent (MGA) International Re (I–RE) has launched a re/insurance solution for mid-sized captives with the establishment of I–RE SA.

Munich Re appoints new leader of life and health in Korea from Chubb

Asia Pacific16-07-2019Insurance news, Reinsurance News

Munich Re has hired Kyungsuk Lee as new head of life and health business in Korea. He was most recently CFO at Chubb Life Korea Insurance and has worked for direct insurance companies in the US and Korea for over 15 years.

AssuredPartners snaps up broker Hettle Andrews for UK expansion

UK16-07-2019Insurance news, Reinsurance News

Florida-based property/casualty broker AssuredPartners has acquired Birmingham-based risk management and insurance broking firm Hettle Andrews & Associates.

Fidelis Group names senior claims manager

UK16-07-2019Insurance news, Reinsurance News

Louisiana-headquartered Fidelis Group Holdings (FGH) has hired Mark Taylor as senior manager of its claims division.

AJG: Ethiopian Airlines / Boeing crash to cost insurers over $1bn

Global16-07-2019Insurance news, Reinsurance News

The Ethiopian Airlines crash on the 10 March 2019, and the subsequent worldwide grounding of the Boeing 737 Max fleet, “could cost aviation insurers over $1bn combined”, the broker AJ Gallagher has estimated.

DARAG seals quota share reinsurance deal with Scandinavian insurer Protector Forsikring

Europe16-07-2019Insurance news, Reinsurance News

European legacy acquirer DARAG Group has entered into a retrospective quota share reinsurance agreement with Scandinavian insurance company Protector Forsikring.

Apollo hires Fidelis' Nick Burkinshaw as chief underwriting officer to drive profitable growth

London Market, UK16-07-2019Insurance news, Reinsurance News, Specialty

Apollo Syndicate Management, an independent specialist re/insurer at Lloyd’s, has appointed Nick Burkinshaw to the newly-created board level position of chief underwriting officer (CUO).

Gallagher names Nick Burns CEO of employee benefits consulting division in UK

UK16-07-2019Insurance news, Reinsurance News

Insurance brokerage and risk management firm Arthur J Gallagher has named Nick Burns as new chief executive officer (CEO) of its employee benefits consulting division in the UK.

Showing 1 to 10 of 14357 results

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