News
Insurance
Re/insurer Hudson Structured Capital Management (HSCM Bermuda) has appointed Jeff Sangster to the post of partner, chief financial officer (CFO) and head of strategy. 5 August 2019
Insurance
Brexit has cost major UK Financial Services firms, including insurers and insurance brokers, almost £4 billion so far, according to data analysis by professional services firm EY. 26 June 2019
Insurance
Bermuda-based specialty re/insurer Sompo International has appointed Christopher Gallagher to a new role of chief executive officer of its commercial property and casualty business. 2 April 2019
News
Losses for insurers stemming from natural catastrophes were substantially higher than the long-term average in 2018 with an eventful second half of the year contributing to a high overall loss figure of $160 billion, half of which was insured, according to a report by Munich Re. 9 January 2019
Reinsurance
The re/insurance industry holds high expectations for blockchain technology as an opportunity to increase efficiency of insurance processes, and the future is beginning to take shape with the launch of new platforms and products. Intelligent Insurer reports. 4 December 2018
Insurance
Using live data from ship and cargo movements, insurers and reinsurers will be able to price and select the marine risk they want to underwrite more accurately, EY executives told Monte Carlo Today. 9 September 2018
Insurance
Independent Lloyd’s broker AFL Insurance Brokers has replaced its current chief financial officer (CFO) Keely Dalfen with a new hire from Towergate. 21 August 2018
Insurance
While the UK’s specialty insurance market is showing only “modest” rate increases, mergers & acquisitions (M&A) are on the rise as insurers look for growth, according to EY UK insurance leader Rodney Bonnard. 24 July 2018
Insurance
The re/insurance industry has offered a mixed reaction to the publication of the UK Government's white paper on Brexit this week, with some commentators calling it a step in the right direction but others stressing that it does not resolve the key issue of contract continuity and doubt remains as to whether UK insurers will remain licenced to pay claims in a few EU countries without an agreement in place. 13 July 2018
Insurance
The UK motor insurance market has reported a net combined ratio (NCR) of 96.8 percent in 2017, the best result since 1994 and the second best since records began, according to EY’s Annual UK Motor Insurance Results. 28 June 2018
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