News

Insurance

Interest in diverse approaches in terrorism cover grows at IFTRIP

Terrorism cover might reach up to 2-4 percent of investment portfolios as investors look to diversify away from pure natural catastrophe risks.   15 October 2019

Insurance

Schneider and HDI team up to transform industrial insurance

Industrial insurer HDI Global and Schneider Electric are to collaborate on the digital transformation of industrial insurance through data.   15 October 2019

Insurance

Specialist MGA Thames expands team with Munich Re, MS Amlin hires; opens London office

Thames Underwriting, a niche construction and commercial lines MGA, has established a new office in London with the appointment of four senior underwriters from Munich Re, MS Amlin, Pen Underwriting and Coast Underwriting.   11 October 2019

Insurance

Climate change worries for insurers escalate as activists buy company shares - AXA XL

Climate change is the biggest worry for many insurers in the Directors & Officers (D&O) liability sector, with shareholding activism exacerbating the problem.   9 October 2019

Insurance

Resolution Re names Steve Hales as CEO; Bermuda-domiciled reinsurer looks to build business

Steve Hales has been appointed CEO of Bermuda-domiciled reinsurer Resolution Re, part of the Resolution Life Group.   8 October 2019

Insurance

6m customers overpaying for insurance – Financial Conduct Authority

Some six million customers are overpaying for their insurance, according to the UK’s watchdog, the Financial Conduct Authority (FCA), which has proposed tough new measures to address the issue.   4 October 2019

Insurance

Convex to write excess and surplus lines in US

Specialty re/insurer Convex Group has been authorised to write excess and surplus (E&S) lines across the US.   4 October 2019

Insurance

Pro Global Holdings rebrands Vibe MGA Management as part of expansion strategy

Pro Global Holdings has confirmed the immediate rebranding of its Vibe MGA Management to Pro MGA Solutions Ltd in the UK, after receiving regulatory approval.   3 October 2019

Insurance

Research shows careless approach to quality of D&O insurance by many private equity firms: Mactavish

Many private equity firms are “not placing enough focus on the quality of insurance cover” in place at portfolio companies, according to research from Mactavish, the expert on commercial insurance placement and disputes.   3 October 2019

Insurance

AXA XL launches on-demand cover for UK Uber drivers

AXA XL has launched on-demand cover to help Uber drivers in the UK minimise loss of earnings after an accident.   3 October 2019

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