News

Insurance

Bank of England consults on climate risk stress testing proposals

The Biennial Exploratory Scenario (BES) exercise will size these future risks.   19 December 2019

Insurance

Overcoming the human factor: exchange and augment data to improve an undervalued asset

Data should be vital to the insurance industry, but its potential has yet to be fully exploited, say software specialists at Morning Data.   18 October 2021

Insurance

The search for talent: new re/insurers in Bermuda face the old challenges

Recruitment is a perennial struggle for Bermuda’s re/insurance industry. The class of 2020/21 won’t escape that, but it could have some powerful strategic advantages in the war for talent.   25 March 2022

Insurance

Blanc resigns as CEO EMEA of Zurich and chair of ABI after less than a year

Zurich Insurance Group’s CEO Europe, Middle East & Africa (EMEA) Amanda Blanc has resigned with immediate effect. She joined the group in October 2018 from AXA.   3 July 2019

Insurance

Arch acquires Barbican Group as it deepens 'commitment to Lloyd’s and London'

Bermuda-based Arch Capital Group has agreed to acquire Barbican Group Holdings from funds managed by US alternative asset management firm Carlson Capital, in a move aimed at expanding its Lloyd’s and London market footprint.   31 July 2019

News

Profits dip at Blue Capital; Endurance ownership opens new risks

Endurance Specialty subsidiary Blue Capital Reinsurance Holdings enjoyed some growth in 2016 but its profits were hit by what it called the costliest year for industry losses within the last five years.   2 February 2017

Insurance

Willis IRM purchases Leeds firm Hale Kavanagh Insurance Brokers

Hale Kavanagh will soon begin trading under the 40-year-old Kennett brand.   17 December 2019

Insurance

Acappella boosts MGA business by hiring two former Dual execs

Acappella Group, the UK-based holding company funded by Willis and Ironshore, has appointed Liz Hanlon and Paul Russell to join its managing general agent (MGA) platform AAL.   20 December 2016

Insurance

Risk of flood high in Japan in wake of Typhoon Noru

Even with modern flood-control structures, the risk of flood damage remains high in Japan in the aftermath of Typhoon Noru, which made its first landfall in Yakushima, an island in Kagoshima Prefecture, Japan, as a Category 1-equivalent storm, before making a second landfall near Kainan City in Wakayama Prefecture, Japan, according to catastrophe modelling firm AIR Worldwide.   8 August 2017

Insurance

Amanda Blanc takes advisory role at Trov

She was previously the most senior executive woman within the Zurich Group.   16 December 2019

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