News – Page 162
-
News AgendaInsurance 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
-
News AgendaDorian ties as strongest Atlantic hurricane – Aon cat report
Tropical cyclones Dorian, Imelda, Faxai each poised for multi-billion-dollar economic losses, according to Aon
-
News AgendaCyber 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
-
News AgendaAon 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
-
News AgendaWoulfe appointed IP head at Tokio Marine Kiln
TMK has announced a newly created role of head of intellectual property
-
News AgendaFCA 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
-
News AgendaMunich 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
-
News AgendaManagement 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
-
News AgendaHarrell 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
-
News AgendaMS 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
-
News AgendaHDI appoints Stamm CUO for Swiss branch
Thomas Stamm joins HDI Global from rival insurer AIG in Switzerland
-
News AgendaAIG appoints heads of global aerospace and UK energy, construction
Two new senior specialty hires at AIG in London come from Chubb and ArgoGlobal
-
AnalysisTakaful 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
-
News AgendaLloyd’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
-
News AgendaFAIR: Continental frustration at African sovereign ratings handicap
Local reinsurers in African countries face the handicap of sovereign credit ratings below investment grade, affecting their own ratings and business options
-
Online onlyFAIR 2019: Marrakech Special Issue
Read GR’s special issue for the FAIR 2019 conference in Marrakech, Morrocco
-
News AgendaTurkish insurers vulnerable to politics, economic turbulence and poorly priced motor
Many global insurers now think twice about investing in Turkey, with those present considering their options
-
News AgendaReserve releases down at Lloyd’s; Hiscox, Beazley outperform rivals – Jefferies report
Rates have risen 3.9%, costs have fallen £100m, and Lloyd’s is demonstrating discipline by withdrawing from unprofitable business, market analyst Jefferies has observed
-
News AgendaBrit Re rated ‘A’ by AM Best ahead of US casualty treaty plans
The reinsurer plans to expand in 2020 by writing US-based casualty excess of loss reinsurance business
-
News AgendaTrust Re forms new exec committee with group CFO, CRO seats
Mohsin Altaf, Trust Re’s new group CFO, and Marios Argyrou, its new chief risk officer, join an executive committee aiming to demonstrate improved corporate governance and transparency at the Bahraini reinsurer
