News
Insurance
Barbican Insurance Group has established a Special Purpose Syndicate (SPS) which will commence as of January 1, 2015. 19 December 2014
Insurance
The chairman of Barbican Managing Agency (BMA), Jeremy Soames, has stepped down after five years in the role. 27 March 2015
Insurance
Everyone is talking about insurtech, but apart from its being a useful portmanteau term, does the reality live up to the hype that surrounds it? Intelligent Insurer asks those in the know. 18 October 2019
Insurance
BMS Canada Risk Services, the Canadian arm of broker BMS Group, has rebranded and launched specialist managing general agency (MGA) Lions Gate Underwriting. 24 June 2015
Insurance
Although rates remain almost universally soft, a sense of cautious optimism is entering the market with some chief executives forecasting a “soft landing” in 2016 where declines are not as severe as anticipated and not as steep as they were in 2014 and 2015, says Dennis Sugrue, director, insurance ratings at Standard & Poor’s Ratings Services (S&P). 2 November 2015
Insurance
Marsh has appointed Mike Canniffe as UK affinity leader and Paul Kershaw as placement and proposition leader in its UK consumer and commercial practice. 22 August 2014
Insurance
Flood Re, the UK Government’s scheme to pool flood risk, has invited insurers, brokers and software firms to test their processes for the reinsurance scheme before its launch in April 2016. 17 August 2015
Insurance
Equinox Global, the Lloyd’s cover holder specialising in trade credit insurance, has announced Joe McNamara as vice president – Credit and Political Risk, at Equinox Global in New York and Dagmar Böhning as underwriting manager, at Equinox Global in Hamburg, Germany. 20 August 2013
Insurance
Re/insurance firm Endurance Specialty Holdings has reported an increase in its net income for the first quarter of 2016 – up to $106.4 million, compared with a net income of $100.3 million for the first quarter of 2015. 3 May 2016
News
The Cincinnati Insurance Company, one of the biggest 25 insurance companies in the US, has completed a $100 million cat bond that transfers the company’s risks associated with earthquakes on a per-occurrence basis, as well as severe convective storm losses on an aggregate basis. 27 January 2014
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