All News articles
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People & Opinion
Third Point Re CEO to be head of runoff at SiriusPoint
The merger is expected to close on or about this Friday, subject to the satisfaction of the closing conditions.
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News
Bermuda’s excellent insurance run-off reputation grows
Bermuda’s reputation as a place for insurance run-off excellence grew continually in 2020, a leading executive in the Bermuda office of professional services firm PwC has said.
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News
Start-up Conduit Re ‘off to flying start’
Conduit Re is part of the “class of 2020” group of companies that have been set up in Bermuda to capitalise on rising re/insurance rates.
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New fault investigated ten years on from Christchurch
A decade on, GNS Science experts have embarked on a research project to determine the earthquake risk of a recently discovered fault in the Waikato
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Government’s plan to reverse EU Vnuk law – risky or ‘positive development’ for insurance?
With the UK government planning to scrap the Vnuk law, what does this mean for the insurance industry’s plans to cover micromobility, such as e-scooters? Insurance Times finds out
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News
Aviva approves €3.2bn sale of its French business
Aviva’s capital and liquidity has been strengthened with an increase in excess capital of around £2.1bn
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Insurance industry braces as Fire Safety Bill debated in parliament
The House of Commons today debates the Fire Safety Bill, identifying key amendments that could affect the insurance sector
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Aviva to exit Turkey
The transaction is expected to complete this year, but is subject to closing conditions and regulatory approval
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WTW and Liberty partner to provide reputation cover
The solution is available globally and initially to clients in the leisure hospitality, manufacturing, retail and transportation sectors
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ESG drives better financial performance - study
Sustainability initiatives drives better financial performance due to improved risk management and more innovation
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News
Captive formation picks up in Guernsey
The jurisdication expects to see a “significant rise” in 2021 against the backdrop of a hardening commercial insurance market
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Managing risk in a volatile world
Risk leaders must work on strategies and business models to help their firms achieve their objectives in the new environment
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2020 figures highlight resilience of Cayman International Insurance
2020 saw further increases in the number of Cayman reinsurance captive/company formations, a trend that is expected to continue into 2021 and beyond.
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News
Swiss Re reports strong underlying performance in 2020, despite large losses related to COVID-19
Swiss Re reported a Group net loss of USD 878 million for 2020. Excluding USD 3.9 billion of COVID-19-related claims and reserves (pre-tax) for the year, Swiss Re’s net income was USD 2.2 billion, a material increase from USD 727 million in 2019. Based on the Group’s ...
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News
Technology will continue to drive M&A – Clyde and Co
The law firm says that technology will continue to be a key feature of deals in the coming year
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News
Allianz Insurance exposed to BI claims through broker wordings
Chief executive adds that the insurer has seen 3,000 new business interruption claims following the Supreme Court’s judgment in January
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People & Opinion
Arch Managing Agency confirms new managing director
The new hire, who has more than 20 years of industry experience, will provide ‘robust management oversight’ says Arch Insurance International chief executive
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News
Rock Insurance Group reveals new underwriting agency
The underwriting agency looks forward to building successful broker partnerships
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2021, a year of opportunity – Nexus
In the January-February issue, Colin Thompson, Nexus Underwriting Management’s group chief executive tells Insurance Times how those businesses that learnt from the challenges of 2020 will be one step ahead this year
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News
M&A set to soar in 2021 – Clyde and Co
In the law firm’s report released yesterday, it revealed that dealmakers’ appetites have returned after the hit of the pandemic