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Ironshore’s Pembroke Managing Agency has introduced its ‘Specie Consortium’, a venture supported by 21 Lloyd’s syndicates which offers up to $635 million in capacity for any one risk. 11 August 2016
Insurance
A growing understanding of the threat of flood and the need for insurers to better cover this risk has led JBA Risk Management, a specialist in mapping and understanding flood risk globally, to launch a new office in Singapore. Two of the company’s directors explain why to Intelligent Insurer. 19 October 2016
Insurance
A magnitude 6.7 earthquake struck the Eastern Mediterranean at 22:31 UTC on July 20, 2017, impacting the Greek island of Kos and the Turkish city of Bodrum, along with numerous coastal towns in Turkey. 24 July 2017
Insurance
Bermuda-based Third Point Re has not made an underwriting profit in the past five years but CEO Robert Bredahl has now revealed a strategy to improve underwriting performance and push the combined ratio below 100 percent. 28 March 2018
Insurance
Mergers and acquisitions (M&A) in the global insurance industry are at their highest level for four years up 13 percent to 222 deals completed worldwide in the first six months of 2019 from 196 deals in the six months before. 1 August 2019
Insurance
Insurance broker Marsh has made several chances to its global management structure, including new appointments to its executive management team and new divisions. 7 September 2017
Insurance
Tokio Marine Group has revealed its plan to set up an insurance company in Luxembourg for writing European business after Brexit. 6 September 2017
Insurance
Diversification and the forming of new partnerships are playing an important role in the changing industry model. John Holm, executive director at Capita Insurance Services, talks to Intelligent Insurer about the increasing role of MGAs in this process and explains some of the outcomes of the Intelligent Insurer 2015 MGA survey. 5 May 2015
Insurance
The shareholdings of US holding company Berkshire Hathaway and commercial insurance firm National Indemnity Company in Munich Re have been reduced to 9.7 percent, below the threshold of the 10 percent required for voting rights. 30 September 2015
Insurance
The boards of the Britannia Club and the UKP&I Club, two of the oldest protection and indemnity (P&I) clubs in the world, are in merger discussions. 26 February 2016
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