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Insurance

Lloyd's 'six bold ideas' that will change the future of the marketplace

Lloyd's has outlined 'six bold ideas', including simplifying market access and lowering costs, that it hopes will help transform the 333-year-old marketplace and prepare it to thrive in an increasingly challenging environment.   21 June 2019

Insurance

US cyber premiums double in four years but growth ‘slowing’: AM Best

US cyber insurers have seen written premiums more than double in four years from $996 million in 2015 to $2 billion in 2018, a report from ratings agency AM Best has shown.   21 June 2019

Insurance

Lloyd’s reveals new advisory committee of industry veterans as it forges ahead with bold new strategy

Specialist insurance and reinsurance market Lloyd's of London has formed global and London advisory committees to support its "bold new strategy" for the future.   20 June 2019

Insurance

Liberty Mutual Re appoints AXA's Jens Voges to new marine & energy underwriting role

Liberty Mutual Re, a part of Liberty Mutual Insurance Group, has appointed Jens Voges as senior underwriter and product leader of marine & energy within its London market risks (LMR) team.   20 June 2019

Insurance

AIG appoints global chief procurement officer from Verizon

American International Group (AIG) has appointed Michael O’Malley as global chief procurement officer.   20 June 2019

Insurance

AIG unveils global reinsurance business AIG Re under Marsh's Christopher Schaper

American International Group has consolidated its assumed reinsurance operations, including Validus Re, AlphaCat and Talbot Treaty, to form one global business, called AIG Re.   20 June 2019

Insurance

AXA group CFO Gérald Harlin to leave after 29 years; triggers reshuffle

French insurer AXA has unveiled leadership changes that will take effect after the departure of its group chief financial officer (CFO) Gérald Harlin, who is leaving the company after 29 years.   20 June 2019

Insurance

Aspen hires Lloyd’s of London executive for global role

Bermuda-based Aspen Insurance Holdings has hired Lloyd’s executive Joshua Brekenfeld as director of global corporate development.   19 June 2019

Insurance

TRIA lapse in US could ‘end terrorism coverage’, warns APCIA’s Wienecke

The US government’s current Terrorism Risk Insurance Act (TRIA) must be reauthorised this year, even though the programme expires at the end of 2020, the American Property Casualty Insurance Association (APCIA) has warned.   19 June 2019

Insurance

R&Q boss Ken Randall steps down; co-founder Quilter and AM Best's Sellek appointed joint CEOs

Ken Randall will no longer serve as the group chief executive officer (CEO) of Randall & Quilter Investment Holdings (R&Q), and will hand over the reins to Alan Quilter, who co-founded the business with him in 1991.   19 June 2019

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