Insurance
-
Chubb hires underwriters for its APAC cyber team
International insurer Chubb has appointed two underwriters to lead the expansion of its cyber insurance business in Asia-Pacific. Andrew Taylor…
-
Chaucer Dublin establishes London branch
Chaucer, the specialist insurance group, has received authorisation from the UK’s Prudential Regulatory Authority to establish a branch of Chaucer…
-
JLT acquires Belgian specialty broker to boost EU platform
Broker JLT has joined London market insurers in establishing a platform for EU business post-Brexit. JLT said it has acquired…
-
Risk mitigation post-Sandy limit marine cargo losses from Hurricane Harvey
Risk measures in place at hurricane-prone ports since Superstorm Sandy are expected to have minimised the full impact of Hurricane…
-
XL Catlin appoints new casualty underwriting manager for Switzerland
XL Catlin has appointed Roman Mösli as casualty underwriting manager for Switzerland. Mr Mösli was previously casualty underwriting manager for…
-
Liberty Specialty Markets signs new PI underwriter in The Hague
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Marnix de Kievit to the newly created role…
-
MS Amlin commits to recall market with senior appointment
MS Amlin has announced that Ed Mitchell has joined as lead underwriter of its product recall team. Based in London,…
-
Falling premium rates and competition to hit Lloyd’s, says Moody’s
Growing competition combined with tepid economic conditions and a likely reduction in reserve releases will put pressure on premium rates,…
-
NFIP claims from Hurricane Harvey will rival Superstorm Sandy: RMS
The US National Flood Insurance Program (NFIP) could be facing gross losses of between $7bn and $10bn from Hurricane Harvey,…
-
New international head of underwriting at Mapfre Global Risks
Carlos Vasquez has been appointed as international head of underwriting at Mapfre Global Risks, the Mapfre unit that specialises in…
-
Telco to offer free funeral insurance cover in South Africa
Vodacom Insurance is introducing free Siyakha Funeral Cover in South Africa. The telecom giant said the funeral cover is the…
-
Award-winning risk managers urge governments to boost cyber mitigation
Winners of the European Risk Manager of the Year Awards have urged governments to concentrate on boosting cyber defences to…
-
Ascot’s Ethos launches US specialty MGA, Vertical Underwriting
Ascot Group has launched Vertical Underwriting Managers (VUM), the first US specialty MGA under its standalone Ethos Specialty Insurance Services…
-
UN’s insurance protection gap programme boosted by new partnership
The Microinsurance Network, a multi-stakeholder platform for the world’s microinsurance community of experts and institutions, has joined the United Nations’…
-
Hurricane Harvey not expected to be capital event for commercial insurers
Losses from Hurricane Harvey will impact the earnings of insurers covering risks in Texas but is not expected to prove…
-
IN THE SPOTLIGHT: Praveen Sharma, Marsh
International Programme News talks to Praveen Sharma, global leader – insurance regulatory & tax consulting practice, Marsh, about global programmes,…
-
Contract certainty and compliance in an uncertain, complex world
In the current global environment, the complexity of doing global international business is increasing; it is becoming more uncertain and…
-
Underwriting loss increases for US property/casualty industry
The US property/casualty industry has seen its underwriting result deteriorate further, recording a net underwriting loss of $5.1bn for the…
-
Insurance supervisors to focus on macroprudential supervision, says IAIS
During the next three years, insurance supervisors will focus on macroprudential supervision, which is concerned with the mitigation of systemic…
-
Japanese insurers to review earthquake insurance premiums
Earthquake insurance premiums are set to rise for certain regions in Japan, as major Japanese non-life insurers have begun to…