News

Insurance

AXIS Re swoops for MS Amlin underwriter for property reinsurance at Lloyd’s

AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has appointed MS Amlin's William Bennett as senior underwriter, property reinsurance at Lloyd’s.   21 September 2018

Insurance

RSA's Turner succeeds Berg as IUMI president

Richard Turner, European director of Global Risk Solutions at RSA Insurance Group, has been elected president of the International Union of Marine Insurance (IUMI).   20 September 2018

Insurance

Lloyd's report examines unanswered questions about AI risk liability

While artificial intelligence (AI) and robotics have helped insurers improve their operations and increase efficiency, it has also introduced new risks relating to trust, ethics, security and safety, a new Lloyd's report has suggested.   29 April 2019

Insurance

Tokio Marine Kiln hires Novae CFO as Dover departs

Tokio Marine Kiln (TMK) has appointed Reeken Patel as chief financial officer (CFO), replacing James Dover who is leaving the business after 12 years in the position.   18 September 2018

Insurance

Chubb appoints new reinsurance officer

Insurer Chubb has named Jeremiah Konz as executive vice president, reinsurance officer for its international general insurance business Chubb Overseas General.   18 September 2018

Insurance

Rapidly growing ILS market hits $93bn in 2018

The ILS market grew to $93bn of outstanding non-life capital in 2018, suggesting the market is in good health despite a quieter final quarter, according to the latest report from Willis Re.   29 January 2019

Insurance

Canopy partners with 360Globalnet to streamline deposit insurance claims experience

‘Our partnership demonstrates our commitment to transparency and efficiency.’   12 November 2019

Insurance

QBE unveils A$200m cost cutting programme

Australia-based insurer QBE is implementing measures targeting more than A$200 million ($144 million) in gross cost savings by 2021.   11 December 2018

Insurance

QBE boosts cat reinsurance protection

Australia-based QBE has reduced catastrophe retention and increased protection against catastrophe severity in its 2019 reinsurance programme.   11 December 2018

Awards

Big can be beautiful, say survey respondents

While innovation and the ability to be responsive to clients’ needs are often highly valued qualities within a rapidly changing reinsurance industry, sheer size and financial strength are also qualities still considered critical by many buyers.   19 June 2013

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