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Fear over jobs may turn marine rates: Sompo
Insurance
Lloyd’s profitability review could act as a catalyst to turn rates in the marine market—but larger insurers not part of the market could find it harder to achieve rate increases because of wider client relationships, Adrian Poxon, head of global specialty reinsurance, Sompo International, told Baden-Baden Today.   22 October 2018
Insurance
Trade credit insurers are expected to pay some £31 million to help firms in the supply chain recover from the collapse of UK construction company Carillion, according to the Association of British Insurers (ABI).   25 January 2018
Insurance
Insurance Europe has urged policymakers to ensure that the Paris Climate Agreement is fully implemented and adhered to, now that it has come into force.   4 November 2016
Insurance
The British Insurance Brokers' Association (BIBA) has extended the tenure of its chairman Lord David Hunt of Wirral for another three-year term.   2 December 2016
Insurance
California-based insurtech company Hippo has raised $25 million in Series B funding, led by Comcast Ventures and Fifth Wall, and other fintech investors.   22 January 2018
News
Ed, a reinsurance, wholesale and specialty broker formerly known as Cooper Gay, has appointed Gary Corke as chief executive officer (CEO) of underwriting.   25 January 2017
Insurance
Cuvva, a start-up reinsured by Swiss Re, has launched a new car insurance cover targeting low-mileage users.   25 January 2017
Insurance
The capacity for the forthcoming Indian entity will be provided by Markel’s Syndicate 3000 at Lloyd’s and written through the Lloyd’s India platform, based in Mumbai.   24 July 2017
Insurance
The International Underwriting Association (IUA) has established a London Market group to examine the future impact of technology on underwriting.   31 October 2016
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, intends to redomicile its insurance company from the UK to Luxembourg.   8 December 2017

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