News
Insurance
If the UK leaves the EU without a deal and the European regulators refuse initial Solvency II equivalence, European cedants could lose access to elements of the London reinsurance market, Peter Allen, partner at Moore Stephens, told Monte Carlo Today. 9 September 2018
Insurance
Three years since its launch, Marco Sordoni, chief executive of UnipolRe, the Dublin-based reinsurer backed by Italian insurer UnipolSai Assicurazioni, assesses the company’s development and explains why it prefers deeper relationships with fewer clients. 9 September 2018
Insurance
Using live data from ship and cargo movements, insurers and reinsurers will be able to price and select the marine risk they want to underwrite more accurately, EY executives told Monte Carlo Today. 9 September 2018
Insurance
Lloyd’s profitability review is being described as the biggest shakeup of the market since reconstruction in the 1990s. As syndicates are forced to pare back capacity, it could have far-reaching consequences well beyond the market itself, as Intelligent Insurer reports. 8 September 2018
Insurance
Italian insurer Generali has entered into an exclusive negotiations with the shareholders of Sycomore Asset Management to acquire a majority stake in the company and enter into a strategic partnership. 7 September 2018
Insurance
Bermuda-based Randall & Quilter (R&Q) Investment Holdings has revealed a corporate restructuring to create a new division comprising of its US and European programme management businesses. 7 September 2018
News
The industrial internet of things (IIoT) market is already estimated to be worth $146 billion, and that’s expected to grow to $232 billion in the next five years, according to researchers. 6 September 2018
Insurance
Bermuda-based re/insurer Sompo International Holdings is launching a global financial and professional lines platform encompassing insurance and reinsurance capabilities. 6 September 2018
Insurance
Arch Insurance, part of Bermuda-based re/insurer Arch Capital Group, has hired AIG's Valerie Turpin as executive vice president (EVP) and head of US property. 6 September 2018
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has launched an 'on demand' aviation insurance product for manned aircraft which it claims to be the first in the market. 6 September 2018
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