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Peak Re reports sixth year of growth ‘despite severe nat cats’

Asia Pacific, China, Global, Hong Kong10-05-2019Insurance news, Reinsurance News

Hong Kong-based global reinsurer Peak Re has reported its sixth consecutive year of stable growth in 2018 despite what it called a “challenging environment”.

Queensland, Townsville 2019 flood estimates hit A$1.04bn: Perils

Australia10-05-2019Insurance news, Reinsurance News

Loss estimates for the northern Queensland and Townsville flooding earlier this year have topped A$1.04 billion (US$727,887) according to Perils second estimate published today.

JLT Re's Howard to step down from new Guy Carpenter role

London, UK10-05-2019Insurance news, Reinsurance News

Former JLT Re chairman Ross Howard is to retire from his new role at reinsurance broker Guy Carpenter after more than 40 years of leadership in the reinsurance business.

Liberty hires new claims manager for energy, property and construction from Neon

London, UK10-05-2019Insurance news, Reinsurance News, Specialty

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Gavin Coley to the role of claims manager for energy, property and construction (EPC).

Lloyd’s of London invests in AI-powered insurtech start-up Layr

London, North America, UK10-05-2019Insurance news, Reinsurance News, Technology News

Specialist insurance and reinsurance market Lloyd’s is investing in artificial intelligence start-up Layr, a cloud-based commercial insurance platform for small businesses, following the launch of its second cohort of insurtech innovators.

Record insurtech investments in Q1 2019: Willis Towers Watson

Global09-05-2019Insurance news, Reinsurance News, Technology News

The first quarter of 2019 witnessed the highest number of insurtech investments, with 85 deals attracting a total value of $1.42 billion, according to the latest report by Willis Towers Watson.

RSA sees strong growth opportunity in five industry practices to be launched this year

Global, London, UK09-05-2019Insurance news, Reinsurance News

RSA Insurance Group is launching five industry practices within its UK & International (UK&I) global risk solutions business to drive "strong profitable growth" in the areas it sees tremendous opportunity.

Allianz boosts AGCS alternative risk transfer leadership in growth move

Global, London, UK09-05-2019Alternative Risk Transfer News, Insurance news, Reinsurance News

Allianz Global Corporate & Specialty (AGCS) has made key leadership changes targeting expansion in the alternative risk transfer (ART) space. The move follows the division of ART line of business into two specialist teams.

Arcus hires James from Markel as NA property treaty head

London Market, North America, UK09-05-2019Insurance news, Reinsurance News

Arcus Syndicate 1856, which is managed by Barbican Managing Agency, has appointed Nick James as underwriting manager for North America property treaty.

Moody’s praises Lloyd’s plan but sees ‘high degree of execution risk’

Global, UK09-05-2019Insurance news, Reinsurance News

Moody’s rating agency views the Lloyd's of London’s modernisation plan as “credit positive” for its proposals to cut costs and increase its digital services. But it warned that delivery of the plan was subject to a “high degree of execution risk” as it required a major overhaul of the culture and huge investment.

Showing 111 to 120 of 16253 results

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