News
Insurance
Russia's insurance market has reached a positive turning point as premiums grew in 2018 driven by life and non-life products, however, credit ratings agency AM Best warned that the recovery was “fragile” as threats remain. 18 July 2019
Insurance
Bermuda-based Everest Re reported a sharp drop in earnings for the second quarter of 2018 compared to the previous year primarily driven by the 2017 hurricane events – Harvey, Irma and Maria. 31 July 2018
Insurance
Lloyd’s, the specialist insurance and reinsurance market, has appointed Dawnmarie Black as US Northeast regional director. 21 March 2018
Alternative Risk Transfer
Lloyd’s agencies want insurance-linked securities (ILS) as a permanent re/insurance market fixture, according to a survey by the Lloyd’s Market Association (LMA). 14 August 2018
Insurance
US specialty property/casualty insurance provider AmTrust Financial Services has seen its net profit plummet in the first quarter of 2017 due to natural catastrophes and prior year adverse development. 9 May 2017
Insurance
Specialty re/insurer Canopius has hired Victoria Phillips as an energy underwriter from Marsh, based in Singapore. 22 January 2018
Insurance
John Neal, the former boss of Australia-based insurer QBE Insurance Group who lost his job last year following a shock profit warning, is likely to be appointed as the new chief executive of Lloyd’s of London, according to a Sept. 7 Financial Times report citing “people familiar with the matter”. 7 September 2018
Insurance
Kathleen Bibbings, who has more than 30 years’ experience in the insurance industry and currently heads up AIG’s Bermuda captive operations, has been appointed president of the Bermuda Insurance Management Association (BIMA). 6 June 2018
Insurance
Ascent Underwriting, the managing general agent (MGA) specialising in emerging and professional risks, has strengthened its cyber product with the addition of social engineering fraud coverage to its crime module. 29 July 2015
Insurance
Niche venture capital provider BP Marsh has invested further in managing general agency (MGA) Nexus Underwriting in connection with a proposed acquisition. 18 June 2015
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