News
Insurance
Bermuda insurers have lowered their net catastrophe exposure in 2017 compared to the previous year by about 2.0 percent, according to a Nov. 30 Catastrophe Risk in Bermuda report by the Bermuda Monetary Authority (BMA). 3 December 2018
Insurance
Asta, a third party managing agency at Lloyd’s, has appointed Neil Griffiths to a newly-created position of head of regulatory operations, to strengthen its senior management team. 6 January 2017
Insurance
Former Fidelis chief financial officer, Neil McConachie is joining the board of directors of Bermuda-based Third Point Reinsurance. 13 December 2017
Insurance
The competitive landscape for reinsurance in China and India are changing significantly through the introduction of a new regulatory regime and the liberalisation of the market, said S&P Global Ratings. 24 November 2016
Insurance
Re/insurance broker Miller has hired producer broker Ian Blick to manage and develop its energy facultative book of business. 3 May 2017
Insurance
Renewals negotiations point to a rate increase of around 10 percent in US property cat reinsurance while primary insurance is also witnessing higher pricing, Morgan Stanley analysts said in a research note after meetings with re/insurers. 7 December 2017
Insurance
Catastrophe modelling firm AIR Worldwide has updated its loss estimates for hurricane Maria in the Caribbean to between $27 billion and $48 billion. 7 December 2017
Insurance
John Neal, the former boss of Australia-based insurer QBE Insurance Group who lost his job last year following a shock profit warning, is likely to be appointed as the new chief executive of Lloyd’s of London, according to a Sept. 7 Financial Times report citing “people familiar with the matter”. 7 September 2018
Insurance
Italian insurer Generali has entered into an exclusive negotiations with the shareholders of Sycomore Asset Management to acquire a majority stake in the company and enter into a strategic partnership. 7 September 2018
Insurance
Weather risk management provider Meteo Protect has been named a coverholder at Lloyd’s. 16 October 2017
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