News

Insurance

Carrot boss Ed Rochfort joins IMS as UK’s Trak Global rebrands

IMS brand extended to cover worldwide insurance and mobility b2b divisions.   11 February 2020

Insurance

Arch Capital appoints new CEO

Bermuda-based Arch Capital Group (ACGL) has promoted president and chief operating officer (COO) Marc Grandisson to the position of CEO, replacing Constantine Iordanou.   19 March 2018

Insurance

Lemonade, Metromile, Root struggle to reach underwriting profits

The venture-backed full-stack US insurtech startups continued to show rapid premium growth in the second quarter of 2018 with moderately lower underwriting losses but they have yet to generate a sustainable loss ratio under 100 percent, according to “The Second Quarter in InsurTech Start-up Financials” by Matteo Carbone.   29 August 2018

Insurance

Swiss Re merges European units' leadership with new appointment

Swiss Re has appointed Claudia Cordioli to lead its reinsurance business in Western and Southern Europe.   27 March 2018

Insurance

European financial reforms strike right balance, says ALFI

Provisionally agreed reforms to European financial supervision have hit the right balance between European intervention and national autonomy, according to the Association of the Luxembourg Fund Industry (ALFI).   8 April 2019

Insurance

Buyers who can differentiate themselves may dodge harsher rate hikes: Arch’s buyer

It’s important to start renewal discussions early and to establish clear objectives and understanding around net appetite.   15 September 2020

News

Potentially $60m of cost savings in Montpelier Re acquisition

The acquisition of Montpelier Re could mean that Endurance will generate substantial annual cost synergies of more than $60 million.   2 April 2015

Insurance

EC3 Brokers hires former Greenlight Re, Wellington executives for US expansion

London-based EC3 Brokers has appointed James Norris as chief actuary and Terry Holley as senior vice president in the US.   11 July 2019

News

Insurers bet on reinsurance in unexpected U-turn

Having given up on reinsurance in recent decades, some large insurers have had a change of heart as they seek diversification and the access to the capital markets which reinsurers have developed in recent years. Is their bet that they can handle these volatile risks—and that their shareholders will back them—a risky one? Intelligent Insurer investigates.   14 May 2018

Insurance

‘Rapid increase’ in global wind speeds

New findings suggest wind power could increase by over a third in the next 10 years.   19 November 2019

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