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Bermuda-based specialist re/insurer Ascot Group has poached a US marine team from Navigators Group and launched a new US marine business on the back of this. 13 July 2018
Insurance
Property/casualty insurer Chubb has appointed Annmarie Camp as head of its European personal risk services division, based in London. 13 July 2018
Insurance
Broker Lockton has expanded its financial institutions team with the appointment of Brian Horwell as a producer. 13 July 2018
Insurance
Specialist re/insurance broker BMS Group has appointed Danny Gluszkiewicz as a director of its Australian operations. He joins from InterRISK Australia. 13 July 2018
Insurance
Risk models are good at estimating the losses arising from ‘conventional hurricane events’ but their performance decreases when it comes to more severe or unusual events, according to a study by JLT Re, which analysed the precision of modelled market loss estimates for significant hurricanes since 2004. 12 July 2018
Insurance
The football World Cup will be watched by a billion people globally, but it is possible at all only thanks to the complex web of insurance policies underpinning its large and complex risks, from injured footballers to cyber and terrorism attacks. Intelligent Insurer reports. 2 July 2018
Insurance
Inga Beale, the chief executive of Lloyd’s, will step down at the end of the year after four years in the role, according to market sources. 29 June 2018
Insurance
Insurtech firm REIN has raised $7.3 million in venture funding and unveiled its first digital product for commercial drone operators, underwritten through Liberty Specialty Markets (LSM). 29 June 2018
Insurance
New York-based Assurant has finalised a $1.3 billion 2018 property catastrophe reinsurance programme reducing the company’s financial exposure and protecting 2.9 million homeowners and renters policyholders against severe weather and other hazards. 29 June 2018
Insurance
Asian life and general insurer FWD Group has held preliminary discussions with investment banks about a possible initial public offering (IPO) as part of regular meetings about the insurer’s strategy, Bloomberg News reported citing people familiar with the matter. 29 June 2018
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