News
Insurance
Universal Property & Casualty Insurance Company (UPCIC) has expanded the top of its reinsurance tower for a single Florida event to $3.28 billion (an increase of $134 million) as part of Universal Insurance Holdings’ 2019-2020 reinsurance programmes, effective June 1, 2019. 3 June 2019
Insurance
Reinsurance broker TigerRisk Partners has formed what it is calling a cat capacity SWAT team, dedicated to identifying new sources of property-catastrophe capacity, as a potential capacity crunch looms for cedants ahead of next year’s cat renewals, many of which are themselves seeking more coverage as property exposures soar. 11 September 2022
Insurance
Cyber risk is now the second biggest concern across all business sizes and industries, and the percentage of businesses reporting they have been the victim of a cyber attack has doubled, according to the latest results of the 2018 Travelers Risk Index complied by The Travelers Companies. 21 September 2018
Insurance
Xchanging, a technology firm catering the insurance industry, has agreed a major multi-product contract to provide back-office claims adjusting and administration services to Lloyd’s managing agent, Marketform. 1 June 2016
Insurance
TigerRisk swoops for MS Amlin's James Few to helm London office, lead expansion in UK, EMEA and Asia
Reinsurance broking and risk/capital management firm TigerRisk has hired MS Amlin's James Few as chief executive officer (CEO) of its London office, responsible for leading expansion in the in UK, EMEA and Asia. 4 September 2019
Insurance
Electric car maker Tesla has entered the insurance market, and some commentators have said it seems like a smart move. 4 September 2019
Insurance
Liberty Specialty Markets (LSM) has promoted Paul Sankey to the role of global head of oil and gas, in addition to his job as head of the energy and construction teams in London. 19 March 2019
Insurance
Insurers face rate increases particularly in regions affected by nat cat events in the third quarter, but pressure is also rising in other regions, Tim Paske, managing director at re/insurance broker BMS, told Baden-Baden Today. 23 October 2017
News
Bermuda-based Langhorne Re, a global reinsurer targeting large in-force life and annuity blocks, has hired Marvin Pestcoe as its new executive chair and chief executive officer (CEO) from PartnerRe. 25 January 2019
Insurance
The ‘mammoth’ markets of China and India are evolving at a phenomenal pace. 3 November 2020
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