News

Insurance

Re/insurance potentially 'decisive' in tackling climate change, Bank of England’s Mark Carney tells UN Climate Action Summit 2019

Mark Carney, the governor of the Bank of England, said the re/insurance sector has a “crucial” role and “unique contribution” to make in tackling climate change and smoothing the transition to a 1.5 degree world.   26 September 2019

Alternative Risk Transfer

Reinsurance rate reductions accelerate in June renewals: JLT Re

Reinsurance broking and consultancy provider JLT Re said that the reinsurance rate decline accelerated in the 1 June 2017 renewal, falling for the sixth consecutive year.   2 June 2017

Insurance

Audit review service launched to tackle new UK data regulations GDPR

EC3 Consultants, a business support organisation targeting the insurance industry, has launched a General Data Protection Regulations (GDPR) review and audit service to support insurance companies, brokers and MGAs grappling with the new data requirements.   4 July 2017

Insurance

Trump healthcare executive order effect on insurers limited

For insurers, the effect of the US healthcare executive order signed by president Donald Trump is likely to be limited, according to research provider CreditSights.   13 October 2017

Insurance

Former MS Amlin CUO starts work at Pioneer Underwriters

The new group director of underwriting at Pioneer Underwriters has commenced his role.   17 October 2016

Insurance

Everest Re likely to get involved in M&A: CreditSights

Bermuda-based Everest Re is likely to get involved in mergers and acquisitions as reinsurers operating in the US are under significant pressure to grow, according to CreditSights analysts.   13 April 2017

Insurance

Beazley expands media coverage via recently acquired MGA Creechurch

Specialist insurer Beazley has introduced errors and omissions (E&O) and media liability coverage for TV/film producers through the company's newly-acquired Canadian operations.   15 February 2017

Insurance

Markel appoints marine underwriter for MENA region

Specialist insurer Markel International has appointed Amer Ibrahim as marine underwriter in Dubai to extend the range of its business in the MENA region.   10 May 2017

Insurance

LMG proposes free trade agreement to retain market access post-Brexit

The London Market Group (LMG) has published a proposal centred on a free trade agreement (FTA) that would enable the EU and UK to maintain access to their insurance markets and control over their regulatory systems after Brexit.   29 November 2017

Insurance

AXIS makes Berkley hire and key promotion in US Programs

AXIS Capital Holdings has made two appointments within the US Programs, property and casualty team of its AXIS Insurance business unit.   12 October 2017

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