News

Insurance

Markel taps Guy Carpenter exec for new ceded reinsurance head role

Specialty insurer Markel Corporation has appointed Julia Chu to the newly-created position of chief global ceded reinsurance officer.   14 March 2018

Insurance

Heavy losses prompt "strategic review" of ProAssurance Lloyd's syndicate

Specialty insurance company ProAssurance Corporation is expecting to report a net loss of $9 million to $10.5 million from its London market business, prompting a "strategic review" of its Lloyd's syndicates.   5 February 2019

Insurance

Gallagher Q2 results boosted by brokerage

US-based broker Arthur J Gallagher has increased revenues and reported a jump in earnings in its brokerage business and in the group earnings.   27 July 2018

Insurance

IUA unveils new contract continuity clause for 'no-deal' Brexit

The International Underwriting Association (IUA) has published a new Brexit contract continuity clause with a supporting document for when risks are underwritten on a subscription market basis.   27 July 2018

Insurance

Buffett warns on cyber risks

Warren Buffett said he doesn’t want Berkshire Hathaway being a leader on cyber insurance because neither he nor others in the industry really know the risk, according to a May 5 Bloomberg News report.   8 May 2018

Insurance

Sompo advances European expansion with Luxembourg unit

Bermuda-based property and casualty re/insurer Sompo International Holdings (SIH) has completed the integration of Sompo Japan Nipponkoa Insurance Company of Europe (SJNKE) on May 1 with SJNKE becoming a wholly-owned subsidiary of SIH.   8 May 2018

Insurance

Munich Re hires Hennessy for US specialty expansion

Munich Re has hired John Hennessy as CEO & president of its North American underwriting platform Roanoke Group (RGI).   27 July 2018

Insurance

Neon unveils new contingency offering with Barents Re hire

Specialist Lloyd's insurer Neon has launched a new contingency offering with the hiring of Barents Re executive Jeremy Cooke as contingency underwriter.   10 April 2018

Insurance

Insurtech Brolly files first own claim with Hiscox after burglary

Insurance startup Brolly, which offers an AI-driven insurance app, is claiming on its own business insurance for the first time after its office was burgled.   14 September 2018

Insurance

Munich Re appoints Von Bomhard as new chairman of supervisory board

Reinsurer Munich Re has elected former CEO Nikolaus von Bomhard as the new chairman, and Anne Horstmann as deputy chairman of the supervisory board.   1 May 2019

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