News
Insurance
Prior-year reserve releases, which have been supporting reinsurers’ profitability in the current soft market, are drying up at some reinsurers, which may help to increase rates, Munich Re chief financial officer Jörg Schneider. 9 May 2017
Insurance
If all US businesses had cyber insurance, over $5 billion a year would be lost to the insurance industry from cyber data exfiltration alone, according to catastrophe risk modelling firm RMS. 8 May 2017
Insurance
Lloyd’s syndicate AEGIS London has appointed Dan Rouse as casualty underwriter. 18 May 2015
Insurance
The covered agreement between the EU and the US will establish a level playing field for transatlantic reinsurance business. But as it makes underwriting more attractive for reinsurers from the opposite side of the Atlantic, it is set to increase competition in both markets, adding pressure on pricing and conditions in an already soft market. Other countries like Switzerland don't want to be left behind. 19 January 2017
Insurance
Marine broker Ropner Insurance Services has strengthened its team with three executives from Endeavour Insurance Brokers. 18 June 2015
Insurance
French reinsurer SCOR has unveiled several new appointments including new managing directors in the Americas and Asia-Pacific all reporting to group chief operating officer (COO) Romain Launay. 16 January 2017
Insurance
AIG has appointed Michael Brady as the company’s first chief technology officer (CTO). 10 April 2015
Insurance
Bermuda-based Everest Re has expanded its US insurance platform with the appointment of two executives into its casualty operation. 19 August 2015
Insurance
Broker Willis has strengthened its team with the addition of two executives to Willis Bermuda. 17 December 2015
Insurance
Arthur J Gallagher, the international division of Arthur J Gallagher & Co, has appointed Trevor Newbery as an independent non-executive director of Arthur J Gallagher UK, effective from 2 November 2015. 17 November 2015
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