All News articles – Page 168
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News Agenda
Baden-Baden: Is re/insurance ready for Industry 4.0? - GC Symposium
Reinsurance broker Guy Carpenter kicks off 2019’s Baden-Baden Reinsurance Meeting by asking whether the sector is ready for the forces of the fourth industrial revolution – so-called Industry 4.0
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News Agenda
Aon launches US regional insurers’ group
Re/insurance broker Aon has launched a group for US regional insurer clients, but is planning global rollout
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News Agenda
Samengo-Turner appointed global fac leader at Guy Carpenter
He steps up to the global fac role in London after leading Marsh JLT Specialty Asia in Hong Kong, where a replacement has already been found
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News Agenda
Arig seeks shareholder vote on underwriting cessation, appoints interim CEO
Central Bank of Bahrain has advised the country’s stock exchange to resume trading of Arig shares, suspended since 14 May
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News Agenda
MS Amlin bails out of the aviation insurance market
London market re/insurer MS Amlin has confirmed its exit from the aviation insurance market, putting its portfolio into runoff
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News Agenda
New CFO and COO appointments at PartnerRe
Reinsurer PartnerRe has announced executive leadership changes
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News Agenda
Insurance M&A surpassed $4bn in August – GlobalData report
Total insurance industry M&A deals announced in August 2019 globally were worth $4.04bn, according to GlobalData’s deals database
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News Agenda
Dorian ties as strongest Atlantic hurricane – Aon cat report
Tropical cyclones Dorian, Imelda, Faxai each poised for multi-billion-dollar economic losses, according to Aon
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News Agenda
Cyber terror task force set up by the Geneva Association
New cyber terrorism task force formed by International Forum of Terrorism Risk (Re)Insurance Pools and the Geneva Association
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News Agenda
Aon Reinsurance Solutions forms global wholesale committee
The reinsurance broker’s new global wholesale committee is to be chaired by Bill Fearnley-Whittingstall, head of its Americas division in London
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News Agenda
Woulfe appointed IP head at Tokio Marine Kiln
TMK has announced a newly created role of head of intellectual property
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News Agenda
FCA personal lines crackdown will knock non-life profits – rating agencies warn
Rating agencies Moody’s and Fitch weigh in on UK Financial Conduct Authority proposals to ensure motor and home insurers’ existing customers do not pay more for renewing policies than new customers pay
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News Agenda
Munich Re to launch first Syndicate-in-a-Box at Lloyd’s
The German reinsurer backs the Lloyd’s plans with its Munich Re Innovation Syndicate to feature parametric risks
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News Agenda
Management buyout for Markel’s Brazilian arm
The exec team of Markel International’s Brazilian arm have bought out the firm from its parent, renamed NEWE Seguros
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News Agenda
Harrell appointed MD, COO at Willis Re Specialty
New specialty MD at Willis Re’s most recent role was to lead international insurance at Aspen and active underwriter of its Lloyd’s Syndicate 4711
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News Agenda
MS Amlin refocuses underwriting strategy, cuts nine business classes
A reshuffle and restrategy at re/insurer MS Amlin creates a specialty business by combining marine and P&C international platforms, as well as cutting several lines of business
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News Agenda
HDI appoints Stamm CUO for Swiss branch
Thomas Stamm joins HDI Global from rival insurer AIG in Switzerland
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News Agenda
AIG appoints heads of global aerospace and UK energy, construction
Two new senior specialty hires at AIG in London come from Chubb and ArgoGlobal
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Analysis
Takaful needs to reduce expenses, boost awareness and distribution – FAIR panel
Takaful and retakaful specialists discussed the market for Islamic insurance products in a panel debate at FAIR 2019 in Marrakech
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News Agenda
Lloyd’s investigation reveals hundreds of sexual harassment witnesses
An independent advisory group will be set up at Lloyd’s of London to ensure the re/insurance market takes the right actions