Respondents to the Global Awards Survey, currently being conducted by the team at Intelligent Insurer, have been focusing heavily on innovation in the industry, a recent analysis of the data compiled so far has revealed.
Rising levels of convergence capital will require a change of strategy among reinsurers, with those that lack an identifiable brand or the underwriting expertise likely to be left behind.
After many years of softening, the excess and surplus lines market is now in a state of rehabilitation—but its health remains delicate and some smaller managing general agents have struggled and could ultimately be forced out of the market.
Kiln, a specialist re/insurance business which is part of the Tokio Marine group, has appointed Richard Bennison as a non-executive director to the R J Kiln & Co and Kiln Group Boards. Bennison, a chartered accountant, will chair the R J Kiln & Co Audit, Risk and Compliance Committee.
ALPS Property & Casualty Insurance Company has appointed Bruce Crockett and Jack Sennott to the Board of Directors and David Bell as CEO.
Increased political pressure could see more captives move onshore in the coming months, according to Clive O’Connell, a partner at Goldberg Segalla Global.
Xchanging – a provider of business process, procurement and technology services – has expanded its presence in Southeast Asia, with a significant growth in headcount and a new regional hub office in Kuala Lumpur.
Nick Fearon has joined Miller, a specialist insurance and reinsurance broker, in a senior production and broking role to develop a book of business that includes professional indemnity, technology and cyber risks.
Endurance Specialty Holdings, a Bermuda-based property and casualty re/insurer has elected John Charman as the Company's chairman and chief executive officer, following the resignation of David Cash.
Professional Indemnity Protect (PI Protect), part of Barbican Group Holdings, has appointed Denise Mercer as underwriting manager. Mercer will report to William Hall, head of underwriting at PI Protect.