News
Insurance
The London Market Group (LMG) has launched its London Market (LM) Target Operating Model (TOM) Steering Board. 27 January 2016
Insurance
Bermuda-based reinsurance group Premia Holdings has appointed DARAG Germany CEO to lead its European operations. 7 September 2017
News
Munich Re reclaimed the No. 1 position from Swiss Re in AM Best’s 2018 annual ranking of the Top 50 Global Reinsurance groups. 5 September 2018
Insurance
Traditional insurers are too slow to react to trends in the sector and managing general agents (MGA’s) may be able to adapt more quickly and efficiently, offering the necessary expertise and potentially making the insurer’s underwriting capabilities become obsolete, according to a panel discussion at the 2017 Managing General Agents’ Association conference. 5 July 2017
Insurance
Extratropical Cyclone Zeus, which primarily affected France on March 6 and 7, 2017 has caused insured property market losses of €192 million, according to estimates by catastrophe insurance data provider PERILS. 13 April 2017
Insurance
The Federal Emergency Management Agency (FEMA) warned over the consequences if the US congress fails to reauthorise the National Flood Insurance Program (NFIP) that will expire on July 31, 2018. 23 July 2018
Insurance
Liberty Specialty Markets (LSM) will form a $27 billion consortium with the Channel Syndicate and Canopius to provide capacity for its new trade finance insurance initiative Toredo. 6 March 2018
Insurance
Bermuda-based holding company Everest Re Group has been granted in-principle approval by the Central Bank of Ireland to operate as an authorised non-life insurer in Ireland. 3 October 2017
Insurance
S&P Global Ratings said on July 7 that it reduced its outlook for UK-based life insurer Legal & General’s (L&G’s) subsidiaries as the group’s spending is outpacing retained earnings. 10 July 2017
Insurance
An agile and lean managing general agent (MGA) market may help insurers respond to a soft market which makes finding profitable growth a challenging quest. 3 May 2017
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