News

Insurance

AM Best: 2017/18 cat losses cause downgrades to outpace upgrades in H1 2019

Rating downgrades during the first half of 2019 outpaced rating upgrades for the first time in five years, according to a new AM Best report.   27 August 2019

Insurance

Aon launches Accident, Health & Life practice group to harness growth for Reinsurance Solutions

Aon has created a global Accident, Health & Life practice group in its Reinsurance Solutions business to help insurers take advantage of growth opportunities in the sector.   27 August 2019

Insurance

Aon: Tropical storm Dorian projected to become hurricane

Tropical storm Dorian is expected to become a hurricane with warnings in place for St. Lucia, according to the Aon cat report.   27 August 2019

Insurance

Gallagher: quarter of SMEs hit by crisis event in 2018 increasing risk of collapse

Research from Gallagher has found that nearly a quarter (24 percent) of UK small and medium enterprises (SME) were affected by a crisis event last year, with the subsequent trading paralysis putting thousands of them at risk of collapse.   27 August 2019

Insurance

HDI hires Stephanie Ogden as director of distribution for UK and Ireland

Industrial lines insurer, HDI Global SE (HDI) has confirmed Stephanie Ogden as its new director of distribution for UK and Ireland operations, she will take up the post on September 2, 2019.   27 August 2019

Insurance

CAC Specialty taps up Colin Daly to co-lead its Financial Lines Practice

CAC Specialty has appointed Colin Daly to co-lead of its Financial Lines Practice (FLP) as he takes up the post of executive vice president.   27 August 2019

Insurance

IGI CEO Jabsheh points to ‘healthier’ insurance market as H1 2019 results show growth

International General Insurance (IGI) has reported a rise in net profits and gross written premiums (GWP) as vice chairman and CEO Wasef Jabsheh pointed to the insurance market being in a “healthier position than it has been for a long time”.   27 August 2019

Insurance

Argo Surety increases single bond capacity to $100m; reshuffles key people

Provider of commercial, contract, and international surety bonds Argo Surety has unveiled an increased Treasury listing capacity that means it can consider single bonds up to $100 million.   27 August 2019

Insurance

Association of Bermuda Insurers and Reinsurers unveils key appointments

The Association of Bermuda Insurers and Reinsurers (ABIR) has appointed Wendy King as public policy and regulatory affairs analyst, and promoted Suzanne Williams-Charles, director of policy and regulation, with additional responsibilities as ABIR corporate secretary.   23 August 2019

Insurance

China Pacific invests in B3i; insurance blockchain seeks expansion in new and growing markets

Blockchain insurance industry initiative B3i has added Chinese insurer China Pacific Insurance Company (CPIC) as its latest shareholder, with Li Hao joining as a member of the board.   22 August 2019

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