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Soft market pressures, a prolonged low interest rate environment, low barriers to ILS capital entering the sector, the digital economy, tepid GDP growth… Hiscox Re’s Bill Lazzaro argues that how we respond to the current challenges in the reinsurance sector will define our future. 15 December 2016
Insurance
Legal & General (L&G) has appointed Cheryl Agius as the chief executive officer (CEO) of its general insurance business. 15 December 2016
Insurance
Plum Underwriting’s premium from its eTrade business is expected to build up over £12 million in the first year of its trading, which was formed in October last year. 14 December 2016
Insurance
Bermuda-based specialty insurer Axis Capital has appointed Conrad Brooks as general counsel, succeeding Richard Gieryn Jr, who is retiring following 14 years at the company. 14 December 2016
Insurance
Italian insurer Generali has promoted Marco Sesana to the position of country manager for Italy and appointed Timothy Ryan as its group chief investment officer (CIO). 13 December 2016
Insurance
Investment management firm Invesco has appointed Ed Collinge as the head of its UK insurance team, a newly created position. 12 December 2016
News
European asset management firm Amundi has acquired Italy headquartered Pioneer Investments for an all-cash deal of €3,55 billion. 12 December 2016
Insurance
Specialist Lloyd’s insurer Neon has appointed Tom Hulst and Gavin Hunter as non-executive directors of Neon’s Bermuda operations with immediate effect. 12 December 2016
Insurance
Aviation renewals in November has shown a tightening of underwriting discipline, suggesting a change in soft market conditions. 12 December 2016
Insurance
RPC Consulting, the insurance consultancy arm of law firm RPC, has hired two executives from Willis Towers Watson to expand its consulting business in London. 12 December 2016
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