All News articles – Page 8
-
NewsWTW report warns of marine & offshore energy hybrid warfare targets
‘Gray zone’ attacks against ships, undersea cables, and offshore oil installations are a major risk in 2025, the broker has warned in a new political risk report.
-
News‘Intense competition’ among London brokers – Gracechurch broker rankings 2024
More women were featured in Gracechurch’s “London’s Leading Brokers 2024” than in the previous year’s broker rankings, while the ‘Big Five’ broking houses dominated the report.
-
NewsOAK Re appoints Irvine property CUO
Chief underwriter joins from rival carrier Lancashire and was previously a broker at Guy Carpenter.
-
NewsBMS adds to energy broking practice with three new senior hires
Three London additions to the specialty re/insurance broker come from rival intermediaries Howden and Price Forbes.
-
NewsAon names O’Connell global cyber strategy leader, exec MD Reinsurance Solutions
Robert O’Connell was previously CEO of Bermuda-based Cyber Re and Platform Labs, focused on cyber underwriting, data science and analytics.
-
NewsASR Middle East starts operating via Lloyd’s Dubai
Africa Specialty Risks Syndicate 2454 is operating through its service company in the Dubai International Financial Centre.
-
NewsAon Client Treaty adds three new carriers and increases to 28.5% of placements
The broker’s ‘signature London market placement facility’, led by QBE, renews for 2025 offering 28.5% co-insurance across core lines of business.
-
NewsComplacency is now biggest risk for insurers – Swiss Re’s Haegeli
Chief economist of Swiss Re Jérôme Haegeli spoke in London as the reinsurer launched its global economic and insurance outlook for 2025/26.
-
NewsLondon market has ‘superpower’ to meet client needs against growing risks – Neal
‘We have a riskier world with the impact of Covid, war on land and the climate,’ says chief executive of Lloyd’s John Neal, speaking at an S&P event in London.
-
NewsOAK Re gains Lloyd’s underwriting approval
Syndicate 2843 launches with blue chip capital providers including Bain Capital and Hampden Agencies, the largest provider of private capital to Lloyd’s.
-
NewsHamilton moves into credit, bond and political risk reinsurance with Lottimore hire
Lottimore joins Hamilton in Bermuda from Validus Re where he was vice president, credit lines underwriter for three years.
-
NewsArch names Ouwehand as new head of terrorism, political violence and war
Jelle Ouwehand promoted to lead London-based team after several years as a senior underwriter and before that as a broker at Marsh.
-
NewsRapid growth of MGAs continues to lead the sector – AM Best
Rating agency maintains is positive view on delegated underwriting authority enterprises segment, as well as for the global reinsurance business.
-
NewsHowden: cyber-attacks cost UK businesses £44bn in the last five years
The (re)insurance broker has estimated firms can reduce the cost of cyber-attack by up to 75% (£30bn) by implementing simple cyber security basics more widely.
-
NewsResilience fears lead WTW client study
Some 80% of risk leaders concerned about their organisations’ emerging-risk resilience in the next decade, according to a new WTW survey.
-
NewsOptio completes Den Hartigh acquisition
Dutch tech-enabled MGA provides P&C products, primarily land-based equipment, marine and high net worth, distributed via brokers through its proprietary distribution platform.
-
NewsZywave: How AI is changing the insurance industry’s reputation
Artificial Intelligence has the potential to benefit both insurance professionals and consumers, says Doug Marquis, chief technology officer at Zywave.
-
NewsCoalition: Addressing the information breakdown in the cyber reinsurance market
In the evolving age of digital risk, cyber insurance has emerged as a preferred method for businesses to protect themselves, writes Shawn Ram, head of insurance at Coalition.
-
NewsBMS Specialty rehires Phillips as African practice leader
The specialty broking arm of BMS makes a return hire, who rejoins from Afro Asian Insurance Services, where he was group CEO.
-
NewsSaudi Re highlights impact of local market reinsurance premium cession
The Saudi regulator’s regime for local market reinsurance premium cession takes effect from 1 January 2025, affecting at least 30% of all reinsurance treaties and facultative risks, Saudi Re noted in remarks published on the country’s stock exchange website.
