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Lloyd’s Market Association (LMA) has appointed a Markel executive as chairman of its Worldwide Property Panel, which leads on a wide range of issues affecting Lloyd’s managing agents and syndicates on behalf of the Lloyd’s market. 16 January 2018
Insurance
Eight catastrophe bonds totalling $2.05 billion in risk capital were completed in the second quarter of 2010, making it the second most active second quarter on record, according to a new report issued today by Guy Carpenter & Company, LLC and GC Securities. 1 September 2010
Insurance
Startups driven by technology are set to revolutionise insurance, and in cyber the change is needed sooner rather than later, Oliver Brew of CyberCube told Monte Carlo Today. 10 September 2019
Insurance
Markel co-CEO Richard Whitt, III is pushing for rate increases in the property market and is otherwise prepared to shed business. 26 April 2018
Insurance
One of AXA’s many motives in buying XL Group is the reinsurance portfolio it comes with, which will offer further diversification, and also the access to the capital markets that now comes hand in hand with this. 5 March 2018
Insurance
Chubb CEO Evan Greenberg has hailed rate improvements as the insurer presented its first quarter 2018 results. 25 April 2018
Insurance
Re/insurers increasingly accept there may be little movement on rates yet again in the next renewals—and they are willing to judge lines of business on their own merits, Christopher Donelan, president and chief underwriting officer of North American reinsurance and head of global casualty at Sompo International, told PCI Today. 30 October 2018
Insurance
There are lucrative opportunities in the North American property-catastrophe treaty sector, which Lucy Forcey, senior underwriter for AmTrust at Lloyd’s (ATL) Syndicate 1861, plans to take advantage of. 30 October 2018
Insurance
The re/insurance industry is facing a structural shift as a consequence of the impact of technology, but not every insurtech venture and vendor will be successful, Stefan Holzberger, chief rating officer at AM Best, told delegates at PCI yesterday. 30 October 2018
Alternative Risk Transfer
Brian Duperreault, the chief executive officer of AIG, has called for insurance linked-securities (ILS) to help cover the growing challenge of cyber risk, at the official opening event of the 15th Singapore International Reinsurance Conference, noting that Asia has more cyber attacks than any other region. 29 October 2018
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