News

Insurance

Saudi insurance market faces consolidation

Tightening solvency requirements are likely to drive consolidation in the Saudi Arabian insurance market in the next few years as weaker companies merge with stronger rivals, according to a Fitch Ratings report.   20 November 2017

Insurance

Thai Floods the turning point for understanding risk

David Masters, director at S&P Global Ratings, traces the increasing regionalisation of pricing back to the Thai floods of 2011.   12 September 2019

Insurance

Willis Towers Watson partners with Sompo to launch insurance platform for middle market real estate companies

Broker Willis Towers Watson (WTW) has entered into a strategic partnership with Sompo Global Risk Solutions (GRS), a part of Bermuda-based re/insurer Sompo International Holdings, to create an integrated insurance platform for the middle market commercial real estate segment.   12 September 2019

Insurance

New Lloyd’s of London syndicate to insure COVID-19 vaccine delivery

Lloyd's has created its first public-private syndicate to address a global health emergency.   23 July 2020

Insurance

SCOR to sell its employee wellness solutions unit Rehalto

French reinsurer SCOR is in exclusive negotiations with the employee support services provider Workplace Options to sell SCOR Global Life's employee wellness solutions subsidiary Rehalto.   14 September 2018

Insurance

Lloyd's appoints outgoing Beazley CUO to its board

Neil Maidment, Beazley's chief underwriting officer (CUO), has been appointed as an independent non-executive director of Lloyd’s board with effect from February 2019.   9 November 2018

Insurance

New insurtech startup targets commercial property underwriting

New insurtech startup Pricing Platform has developed a new software application that it claims will transform the commercial property underwriting market.   9 November 2018

Insurance

Liberty makes senior hire from Ironshore in Europe

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Markus Hefel as deputy country manager for Switzerland.   12 October 2018

Insurance

AAIC launches cyber insurance for farmers, ranchers and SMEs

The American Agricultural Insurance Company (AAIC) has launched a cyber insurance product to protect small business owners and farmers/ranchers from the growing risks they face.   20 February 2019

Insurance

Gallagher appoints John Thompson as CEO of UK specialty and wholesale

Broker Gallagher has appointed John Thompson as chief executive officer (CEO) of the UK’s specialty London market and wholesale businesses.   8 April 2019

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