GRM Insurance
-
Cyber: A fast maturing market but take-up remains low
Juan Aznar Gáldiz, managing director of HDI Global in Spain, said that awareness of the critical nature of cyber risk…
-
Travelers acquires UK online insurer Simply Business
Travelers, the US insurance giant, has acquired Simply Business, an insurer of small businesses in the UK. The company has…
-
AmTrust profits hit by catastrophe losses
Multinational specialty insurer AmTrust Financial Services announced second-quarter 2017 net income of $5.8m, compared with $127.2m in the second quarter…
-
Markel expands Southeast Asia political risk team
Markel International has appointed Alex Holcroft as political risk underwriter in Singapore. He joins the existing trade credit and political…
-
Blenheim launches specialty reinsurance division
Blenheim has appointed John Cutts to develop a specialty reinsurance division within Lloyd’s Syndicate 5886, subject to relevant regulatory consents.…
-
BRIT grows specialty biz, ups reinsurance protection
BRIT, the largest Lloyd’s-only insurer, grew gross premiums by 6% to $1.093bn and net earned premiums by 0.6% to $740.7m…
-
Improved H1 profit and combined ratio for AGCS but premiums fall
Allianz Global Corporate & Specialty (AGCS) delivered increased profit and an improved combined ratio for the first half of this…
-
Alesco’s energy division makes substantial new hires
Alesco Risk Management Services, the specialty broker, has made a number of senior hires in its energy division. David Hallows…
-
Novae posts H1 loss but cyber keeps growing
Novae Group, the specialty insurance group that recently recommended an offer from AXIS Capital, has announced its interim results for…
-
Towergate announces push into specialty lines with terror product
Towergate Underwriting has launched a new London business called Geo Specialty. The first market to go live is political violence,…
-
BHSI forms southern Europe hub in Dublin
Berkshire Hathaway Specialty Insurance Company (BHSI) has established a new office in Dublin and appointed Cormac McNamara as property and…
-
Ransomware attacks double in 2017 and accidental data loss remains a concern: Beazley
Ransomware attacks more than doubled in the first half of 2017 compared to the same period of 2016, while accidental…
-
Argo announces two senior appointments
ArgoGlobal, the Lloyd’s insurer and part of Argo Group, has appointed Dominic Kirby to replace David Harris as managing director…
-
Upstream energy market at ‘tipping point’ with some insurers likely to withdraw
The upstream energy insurance market is at a “tipping point” and cannot sustain current premium levels, with some players likely…
-
Insurance sector most concerned by cyber security finds survey
Directors and senior managers working in finance and insurance consider cybersecurity a higher priority than any other sector, with those…
-
Sompo Canopius hires new credit and political risk analyst
Sompo Canopius has announced the appointment of Bruce Shepherd as credit and political risk analyst. He will head the credit…
-
Liberty leads out new equine and livestock teams
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has entered the equine and livestock markets, appointing Julian Bowen-Rees…
-
Dale Underwriting to launch contingency and specialty SPA
Dale Underwriting Partners, which is managed by Lloyd’s third-party managing agency Asta, has been granted in principle approval by the…
-
Cyber and surety lines boost Aspen’s Q2 premiums
Specialty lines boosted Aspen Insurance’s interim performance. The Bermuda group reported net income after tax of $75.8m for the second…
-
Pay-as-you fly drone cover ready for take-off
The UK’s first pay-as-you-fly drone insurance will be launched later this year by Allianz Global Corporate & Specialty (AGCS). AGCS…