News
Insurance
Lloyd’s of London is ahead of the international expansion plan included in its Vision 2025 but traditional markets will remain a major income source for a while, as Intelligent Insurer finds out. 23 September 2016
Insurance
Barbican Insurance Group has appointed Adam Wickens as class underwriter for financial and professional lines. 22 September 2016
Insurance
Closing the insurance gap – the difference in many sectors and parts of the world between economic and insured losses – would allow re/insurers to innovate and stop fighting over the same shrinking pie. 19 September 2016
Insurance
Lloyd’s and the Lloyd’s Market Association (LMA) have made a deal with US hurricane model provider Applied Research Associates (ARA), which will provide its Hurloss hurricane model and Middle East earthquake model to subscribing managing agents on a shared service basis. 19 September 2016
Insurance
XL Catlin has expanded its accident and health (A&H) insurance business with the appointment of Ronnell Agatep as its global head of underwriting, based in New York. 16 September 2016
Insurance
XL Catlin has entered into a definitive agreement to acquire Brooklyn Underwriting and Brooklyn IT (Brooklyn) from Paul Hines, their beneficial owner. 16 September 2016
Insurance
XL Catlin’s insurance operations has appointed Wilson Yeo as property manager for Singapore. 15 September 2016
Insurance
XL Catlin wants to be a top five player in property/casualty reinsurance as it aims for growth despite the tough market conditions the industry is facing, Greg Hendrick, chief executive of reinsurance for the company, told Monte Carlo Today. 14 September 2016
News
In contrast to those who believe a soft market is the “new norm” for reinsurance and that the days of a marked cycle are over, Stephen Catlin, the founder of Catlin and now executive deputy chairman of XL Group, believes an overreaction in pricing will eventually occur. 12 September 2016
Insurance
As scale and diversification remain key for reinsurers grappling with pricing pressure, players are adapting their business models, according to Moody’s Investors Service. 12 September 2016
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