News

Insurance

BMS rings changes in US reinsurance actuarial and analytics team

BMS has announced the retirement of chief actuary Dave Spiegler, as it makes changes to its US reinsurance actuarial and analytics team.   18 September 2019

News

Paul Houska joins reinsurance broker Holborn as senior VP; firm seeks US midwest growth

US reinsurance broker Holborn Corporation has appointed Paul Hoska as senior vice president, based in Kansas, as it seeks to grow further in the midwest region.   18 September 2019

Insurance

Firms ‘struggle’ to build strong cybersecurity culture’ as leaders spend less than a day a year on cyber risk, finds Marsh

A majority of board members and senior executives with responsibility for their organisation’s cyber risk management spent “less than a day in the last year” focusing on cyber risk issues, according to a survey from insurance broker Marsh and tech company Microsoft.   18 September 2019

Insurance

Bahrain’s Trust Re hires new executive management talent to boost corporate governance; forms committee

Reinsurance firm Trust Re, headquartered in the Kingdom of Bahrain, has strengthened its executive management team with new appointments and formed a new executive committee.   18 September 2019

Insurance

Willis Research Network, set up by Willis Re, partners with Mitiga Solutions on air traffic forecasting

The Willis Research Network (WRN) is partnering with Mitiga Solutions to enable airlines and airports to better manage the impact of natural hazards to air traffic management and aviation operations.   18 September 2019

Insurance

Frederick Mutual signs up for Betterview property analytics for policy lifecycle

US insurer Frederick Mutual has signed up for Betterview's property analytics, saying it gives them a better understanding of risk.   18 September 2019

Insurance

Marine insurance market 'chaotic' as future remains uncertain, says IUMI

The ongoing global uncertainties, including the current trade tensions, will continue to impact all marine lines of business, specifically cargo and offshore energy, predicts the International Union of Marine Insurance (IUMI), which represents 43 marine market insurance and reinsurance associations globally.   17 September 2019

Insurance

Ed bolsters risk solutions with senior hire from Faraday

London-based reinsurance, wholesale and specialty broker Ed has appointed Simon Stovell as divisional director for its risk solutions team.   17 September 2019

Insurance

London market veterans launch Commonwealth Insurance Forum

Two London market veterans have launched a new body, the Commonwealth Insurance Forum (CIF), to promote the industry within the 53 countries of the British Commonwealth.   16 September 2019

Alternative Risk Transfer

Risk trading insurtech AkinovA donates ILS assets to insurance standards-setting body ACORD

AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has donated some insurance-linked security (ILS) assets to ACORD, the global standards-setting body for the insurance industry.   16 September 2019

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