News
Insurance
UnipolRe, the Dublin-based reinsurer backed by Italian insurer UnipolSai Assicurazioni, has sent its largest ever team to Baden-Baden this year as it looks to consolidate the healthy growth it has enjoyed in the region. 22 October 2018
Insurance
Re/insurance broker Miller has hired Richard Boughton in a business production and broking role to further strengthen and grow its North American MGA business. 11 April 2017
Insurance
The underwriting division of GRP, which consists of seven niche and speciality line MGAs representing over £100 million in gross written premiums, is one of the newest members of the MGAA. The division’s chief executive officer Clive Nathan discusses why now is a good time for MGAs to flourish. 5 August 2019
Insurance
Tokio Marine Kiln (TMK), provider of specialist and corporate insurance, has appointed Paul Culham as group chief underwriting officer (CUO) with effect from 1 April 2016. 16 March 2016
Insurance
Thomas Miller Specialty, an underwriting agency providing marine, offshore, aerospace and cyber insurance products, has set up a general aviation division. 26 September 2017
Insurance
The General Insurance Stress Test (GIST) conducted by the UK’s Prudential Regulation Authority (PRA) suggested weaknesses in the natural catastrophe modelling of insurers. 11 December 2017
Insurance
RSA has reported a significant increase in first half profits after it completed its restructuring plan in February with the sale of its UK legacy liabilities. 2 August 2017
Insurance
Some executives running managing general agents (MGAs) should be prepared for the potential effect on their own businesses of losses from the series of hurricanes that have hit the US and the Caribbean—even if they have no direct exposure to the area. 10 September 2017
Alternative Risk Transfer
Insurance-linked securities (ILS) are expanding into new perils following investors’ appetite, and London might benefit from this growth potential following the introduction of a new regulatory framework, Jean-Louis Monnier, Swiss Re Capital Markets global co-head of ILS, told Monte Carlo Today. 9 September 2018
Insurance
Some lines of business hit by severe losses such as the wildfires this year have already seen substantial rate increases—but this is the exception rather than the rule, Adam Szakmary, director of underwriting, Bermuda, at Hiscox Re & ILS, told Monte Carlo Today. 9 September 2018
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