News

Insurance

BSX CEO bullish on growth of ILS and Bermuda’s place at the top

Greg Wojciechowski, chief executive of the Bermuda Stock Exchange, is bullish about the state of the ILS market in 2019—and believes Bermuda remains the natural location for this asset class to continue to evolve and develop.   10 September 2019

Insurance

HDI Global Specialty expands UK executive team in growth strategy

Specialty lines insurer HDI Global Specialty SE has expanded its UK executive team with the hires of Clare Constable as director of claims and Will Morris as director of underwriting for delegated authority.   4 September 2019

Insurance

AXA XL bolsters US structured risk solutions unit with AIG hire

AXA XL, the property & casualty and specialty risk division of AXA, has named Austin Su as US underwriting lead of its structured risk solutions (SRS) business.   4 September 2019

Insurance

UBS says Dorian losses likely to be at mid or lower end of $5-40bn

Insurers’ losses for Hurricane Dorian may come in at about $25 billion, say industry analysts at investment bank UBS.   3 September 2019

Insurance

GRP continues acquisition spree with Five Insurance Brokers

The news follows the acquisition of Marsh’s UK Networks business as GRP focuses on the retail commercial market.   24 February 2021

Insurance

Resolution, Ashbrooke acquire Sportscover European operations

The purchases ‘will add significant capability and expertise to both the Resolution and Ashbrooke groups’.   13 May 2021

Insurance

An industry revolution as cyber becomes the dominant peril

The cyber insurance market is booming. As an expert from CyberCube tells the Re/insurance Lounge, technology brings solutions as well as problems, and insurtech could be key to helping underwriters, brokers and others cope with the surging demand.   21 July 2021

Insurance

Better flood data in Asia can help close protection gap

Flood exposure data in Asia poses challenges due to the lack of precise location information, which in turn is making it difficult to underwrite this risk and close the protection gap, Iain Willis, managing director of JBA Risk Management Singapore, told SIRC Today.   29 October 2018

Insurance

Specialty Program Group acquires New York-based MGA The Mechanic Group

New Jersey-based Specialty Program Group (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired specialty insurance programme manager The Mechanic Group.   12 August 2019

Insurance

Making a difference when it matters

Commercial primary casualty wholesale insurance encompasses an ever-growing range of complex risks that businesses must understand, manage and insure. Markel’s growing team covering this line of business specialises in doing just that.   9 May 2024

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