News
Insurance
The executive believes professional indemnity has great scope for growth in a hard market. 9 November 2020
Insurance
Specialist insurance broker Price Forbes, part of the Ardonagh Group of companies, has launched a new professional liability division following the hire of an experienced team that previously worked at wholesale insurance broker Lloyd & Partners, which was merged with JLT Specialty in 2015. 23 July 2019
Insurance
The new hires will strengthen its property, engineering and aviation portfolios. 2 January 2020
Insurance
The re/insurer swung to a loss of $227.4m compared to a profit of $120.3m last year. 3 August 2020
Insurance
Specialist Lloyd’s re/insurer Beazley will be seeking 10 percent rate increases across the board in this renewals season as it looks to offset higher retrocessional costs while re-pricing perils responsible for larger than expected losses in recent years. It also expects to shed 10 percent of its business. 9 September 2019
Insurance
The UK-based international insurance broker has unveiled a major expansion in Europe. 23 August 2021
Insurance
Inga Beale, chief executive officer, Lloyd’s, has spoke about the need for young talent in the insurance industry. 16 May 2016
Insurance
Insurers are using artificial intelligence (AI) for example to increase efficiency in the claims process raising potentially unjustified fear among staff of being made redundant, executives noted during a roundtable organised by Intelligent Insurer. 13 April 2017
Alternative Risk Transfer
The growing role of insurtech and its influence on the industry is expected to be the main topic of conversation at SIRC this year, according to delegates surveyed by Intelligent Insurer. 29 October 2019
Insurance
While reinsurers are no longer obliged to have a branch or subsidiary on the other side of the Atlantic to be able to operate there after the implementation of the EU-US Covered Agreement, they are likely to keep the local units, according to ratings agency AM Best. 18 October 2017
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