News
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has expanded its liability team by creating two new senior underwriting roles. 19 July 2018
Insurance
Globe Underwriting, a UK based managing general agent (MGA), has created a new marine division, led by Peter Rogers as head of marine and David Dymond as head of underwriting. 23 May 2017
Insurance
Bermuda-based specialty re/insurer Lancashire Holdings is seeking a new group chief financial officer following the departure of Elaine Whelan next year. 24 May 2019
Insurance
The European Securities and Markets Authority (ESMA) has set out a principles rule book for the supervisory approach to company relocations from the UK as the country leaves the EU and stressed that special attention should be granted to avoid letter-box entities in the EU27. 1 June 2017
Insurance
A modeled single-event cyber catastrophe would generate “meaningful to significant” gross losses for three of the top 20 cyber insurance providers, ranging from 15 percent to 119 percent of these companies’ estimated 2022 policyholder surplus under a stress-test scenario, according to AM Best. 21 August 2018
Technology
Underwriting application programming interfaces (APIs) make it possible to close and remarket much more business than before, aiding customer retention and helping carriers and brokers triage and boost volumes together. This is never more important than in today’s hardening market. 17 May 2021
Insurance
Bermuda-based Everest Re CEO Dominic (Dom) Addesso has explained how the reinsurer miscalculated the cat losses from 2018 which made the company issue a profit warning for its second quarter 2018 results. 1 August 2018
Insurance
Warren Buffett's Berkshire Hathaway Insurance Group has been granted a certificate of authorisation by the Central Bank of Ireland to operate as an insurer in Ireland and the European Economic Area (EEA). 6 March 2019
Insurance
Re/insurance Lounge panel discuss how they think investors will react to hardening rates. 15 September 2020
Reinsurance
Re/insurers can start small but should think big to see real change in their organisations. A focus on specific areas to achieve real change needs to be combined with a willingness to question fundamental assumptions. 27 July 2022
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