News
Insurance
The ECON committee of the European Parliament has called on the European Commission to delay the implementation of the Insurance Distribution Directive (IDD). 18 October 2017
Insurance
Brown & Riding, the US-based wholesaler and specialty insurance broker, has appointed a new chief operating officer. 23 August 2017
Alternative Risk Transfer
There has been a ‘double flight to quality’ by investors in insurance-linked securities (ILS) funds as a reaction to the losses of 2017 and specifically the inability of some ILS funds to get a handle on the extent of their exposure to the losses, Jutta Kath, chief operating officer, Secquaero Advisors, told PCI Today. 30 October 2018
Alternative Risk Transfer
The insurance-linked securities (ILS) market is largely in a good place but the market must accept that there is nothing ‘alternative’ about ILS any more—it’s here to stay, and a part of the furniture, Mark Hvidsten, deputy chairman at Willis Re, told PCI Today. 30 October 2018
Insurance
The market remains tough for reinsurers, with rate increases well below what was forecast 12 months ago as an abundance of capacity maintains pressure on the market, Paul Ludwig, senior vice president and client executive of the reinsurance division of Munich Re America, told PCI Today. 30 October 2018
Insurance
Reinsurance broker TigerRisk Partners has appointed Megan Stewart Hodge as a partner and head of client strategy, based in Chicago. 16 October 2017
Insurance
Ed, a reinsurance, wholesale and specialty broker formerly known as Cooper Gay, has appointed Neil Perry as the group chief financial officer (CFO), replacing Russell Benzies, who is leaving the group. 1 February 2017
Insurance
PwC has appointed Paul Delbridge to take on the role of London Market insurance leader from Jim Bichard. 31 January 2017
Insurance
Ironshore, now a Liberty Mutual Company, has appointed Russell Fisher as vice president of political risk and trade credit to underwrite European business lines, based in London. 24 May 2017
Insurance
The decision to set the Ogden discount rate at minus 0.25 percent is likely to push people being awarded large insurance payouts to demand lump sum payments, rather than periodic payment orders (PPO). 23 October 2019
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