News

Insurance

Lloyd’s starts hiring for Brussels Brexit subsidiary

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

Lack of understanding prevents cyber insurance purchase, says study

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

RGA appoints new members to the board of directors

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 partners with Munich Re for mortgage credit assessment

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 taps BCG and L Marks for new innovation lab

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

Sedgwick unveils new UK leadership following Cunningham takeover

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 makes Weald Risk a standalone business

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

Insurance

Singapore Re posts profit in Q1

Singapore Reinsurance had a profitable first quarter of 2018, with a profit before tax of $5.94 million, an increase of 13.4 percent year-on-year.   20 April 2018

Insurance

Miller taps Marsh and RKH execs for credit and political risks

Re/insurance broker Miller has expanded its credit and political risks unit with the hiring of Marsh and RKH Specialty executives, Oscar Moseley and Rosie Denee, in London.   20 April 2018

Insurance

Mumbai insurtech receives $22m in funding

Coverfox, an online insurtech startup based in Mumbai, has raised $22 million in Series funding, led by International Finance Corp (IFC) and Transamerica.   20 April 2018

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