News

Insurance

A sober look at non-financial misconduct: the problems run deeper than boozy lunches

Perception is reality for the industry when it comes to bullying, harassment, and other issues, a report has found.   11 August 2021

Insurance

UK insurers ‘hugely disappointed’ as Ogden discount rate set at minus 0.25%

UK insurers will be “hugely disappointed” as the injury damages rate, the Ogden discount rate, was set at minus 0.25 percent today to come into force on August 5, 2019.   15 July 2019

Insurance

Liberty Mutual launches new global unit to serve M&A market

Liberty Mutual has launched a new global transaction solutions (GTS) unit to serve the growing market for mergers & acquisitions (M&A) insurance solutions.   12 September 2018

Insurance

Advantage strides into Lloyd’s

Advantage Property & Casualty Company, the business insurance unit of Advantage Insurance, has launched a new reinsurance underwriting business to participate in the Lloyd's insurance market.   2 December 2014

Insurance

Top aircraft lessor files $3.5bn claim on Russian losses, still ahead of airline policies

Book a court date; ‘it’s reasonable to assume’ insurers will contest the sum, CFO admits.   31 March 2022

Insurance

Marsh, Guy Carpenter, JLT to merge LatAm facultative reinsurance under Andrew Perry

Broker Marsh & McLennan Companies (MMC) is merging the Latin American facultative reinsurance operations of its wholly owned subsidiaries Marsh and Guy Carpenter with that of Jardine Lloyd Thompson Group (JLT). The combined business will be known as Carpenter Marsh Fac Re.   23 April 2019

Insurance

Gallagher unpicks core discussion points at RVS 22

Discussions in Monte Carlo were centred on three core areas, all of them based around supply dynamics, Tom Wakefield, chief executive officer of Gallagher Re UK, told Intelligent Insurer.   13 September 2022

News

Lloyd’s Acappella Syndicate appoints head of reinsurance

Acappella Syndicate 2014 has promoted Jim Quinn to the new role of head of the reinsurance division, and Matthew Bellamy to the position of head of property reinsurance.   27 March 2017

Insurance

Bermuda has evolved from a property cat hub to a diversified market: Everest Re

Bermuda has changed in the last five years from being a hub mainly for property catastrophe reinsurance into a broader and diversified market, Peter Bell, senior vice president, chief executive officer and managing director of Everest Reinsurance (Bermuda), told Intelligent Insurer.   12 September 2022

Insurance

Beazley enjoys growth but slips to $13.8m H1 loss due to COVID-19

CEO Andrew Horton is bullish on achieving a combined ratio of around 100 percent for the full year.   23 July 2020

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