News
Insurance
Regulatory changes in Latin America are pushing local insurers to leverage catastrophe risk models in-house, making them better able to compete with global insurers who have long had access to models. 11 September 2019
Insurance
Bermuda-based re/insurer Sompo International has hired Alison Wood and Lorene Phillips for its global casualty reinsurance team in London. 13 November 2017
Insurance
A new aviation consortium has been established in Lloyd’s Asia to write general aviation insurance and reinsurance risks based in the Asia-Pacific and Middle East Regions. 11 April 2014
Insurance
UK-based Aviva said that it has completed the sale of its 50 percent shareholding in life insurance and pension joint ventures Unicorp Vida and Caja España Vida, as well as its retail life insurance business Aviva Vida y Pensiones, to Santalucía Compañía de Seguros y Reaseguros. 18 September 2017
Insurance
Appealing to a dynamic and diverse workforce will be central to the long-term success of the industry, says Matthew Connell of the Chartered Insurance Institute. 13 May 2019
Insurance
Newbridge Risk Partners, an underwriting cell on the Castel MGA formation platform, has secured a new binder with Lloyd’s and London company market capacity to support the continuing growth of its political violence and terrorism insurance and reinsurance business. 9 November 2017
Insurance
Re/insurance broker UIB has launched a retail broking business in Colombia to be headed by Yolanda Guerra as chief executive officer. 5 April 2018
Insurance
Aon has launched its Americas capital advisory team to help re/insurers identify and deliver balance sheet solutions that reduce volatility and increase profitability. 1 October 2018
Insurance
AM Best said it does not expect to take rating actions as a direct consequence of the implementation of Solvency II. 8 December 2015
Insurance
There is a lot of pent-up demand in the US insurance market for big carriers to place certain lines of business into run-off, which hasn’t really taken off in the same way it has in Europe, Artur Niemczewski, CEO of Pro Global, and Mory Katz, president and CEO of ProTucket, told Monte Carlo Today. 12 September 2018
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