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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
Pen Underwriting, the London-based specialist underwriting business within the Arthur J Gallagher group, has appointed Jonathan Turner as executive chairman. 27 August 2015
Insurance
The chief financial officer (CFO) of re/insurance intermediary Hyperion Insurance Group, Eric Fady, is set to step down. 1 July 2015
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
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
The chairman of Barbican Managing Agency (BMA), Jeremy Soames, has stepped down after five years in the role. 27 March 2015
Alternative Risk Transfer
The outlook for the non-life reinsurance sector is improving as prices are expected to rebound in 2019 following the sector’s second consecutive year of above-average losses. 15 January 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
Barbican Insurance Group has established a Special Purpose Syndicate (SPS) which will commence as of January 1, 2015. 19 December 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
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