News
Insurance
Bermuda-based bond insurer Assured Guaranty issued a statement criticising David Einhorn of Greenlight Capital following a short-sale presentation. 24 April 2018
Insurance
Hive Aero, a new managing general agency (MGA) specialising in aviation hull war insurance has launched, with an initial stamp capacity of $50 million. 24 April 2018
Insurance
Munich Re expects its profit in the first quarter of 2018 to exceed €800 million due to “randomly low incidence” in major losses, up from €557 million in the same period a year ago. 24 April 2018
Insurance
Lloyd’s of London has started hiring staff for its Brussels subsidiary which will involve positions in finance, operations, compliance, HR, and underwriting. 24 April 2018
Insurance
The most significant factor preventing companies to purchase cyber insurance is that firms do not understand their own risk exposures, according to a new study of the UK cyber risk insurance and broker community. 24 April 2018
Insurance
Life and health reinsurer Reinsurance Group of America (RGA) has appointed John Gauthier and Hazel McNeilage to its board of directors, increasing the number of members to 11. 24 April 2018
Insurance
Arch Capital Group unit Arch Credit Risk Services entered into a multi-year agreement with Munich Re to provide mortgage credit assessment and underwriting advisory services related to Munich Re’s involvement in credit risk transfer programmes offered by Fannie Mae and Freddie Mac. 24 April 2018
Insurance
Lloyd’s has selected L Marks, an innovation specialist in the insurtech sector, and Boston Consulting Group (BCG) to support the set up and operation of its newly unveiled innovation lab. 23 April 2018
Insurance
Technology-driven risk solutions provider Sedgwick has appointed Ian Muress, Stewart Steel and Paul White to leadership roles for its combined business operations in the UK. 23 April 2018
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has promoted Weald Risk Partners from a division within the Castel Specialty portfolio to a standalone underwriting cell. 23 April 2018
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