Insurance
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Lloyd’s opens in India as results suggest tough renewals ahead for risk managers
Lloyd’s has officially opened its India branch and welcomed MS Amlin as its first underwriting syndicate. The ceremony, which took…
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Everest Insurance targets upper middle market casualty business
Everest Re Group Ltd has appointed Christopher McKeon to lead its newly launched commercial casualty unit within Everest Insurance. The…
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New and more costly claims driving up liability losses: AGCS
Corporate risk managers are facing larger and more complex losses resulting from a growing number of liabilities than ever before,…
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New website and client/member portal from Maxis Global Benefits Network
Maxis Global Benefits Network (Maxis GBN) has launched a new website, client portal and member portal, as part of a…
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Beazley launches Anything Lineslip at Lloyd’s
It used to be said you can insure almost anything at Lloyd’s. Now Beazley has launched Anything Lineslip, which promises…
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Insurers must step up to help Nigerian economy
Insurance will play a greater role in the Nigerian economy, according to the Nigerian Insurers Association (NIA). Eddie Efekoha, chairman…
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Japan’s commercial quake insurance gap unlikely to narrow in short term: Fitch
Japanese corporates continue to be significantly underinsured for commercial earthquake risk, despite the large economic losses incurred in the March…
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Lloyd’s continues expansion but must watch combined ratios and reserves
If the Lloyd’s insurance market is a decent yardstick for the state of the international commercial and specialty insurance and…
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ICA warns Debbie flood victims to be on alert for scammers
The Insurance Council of Australia (ICA) has warned households and businesses affected by tropical cyclone Debbie and its aftermath to…
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Managing complex casualty risks through global programmes
The US is the biggest economy in the world, so it is natural that companies want to continue to expand…
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Coface sees global business confidence growing but political risk widespread
Despite persistent political risk, business confidence is reported to be growing in the advanced economies, and financial markets are buoyant.…
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Peak Re posts strong premium growth but higher combined ratio as soft market continues
Peak Re, the Hong Kong-based reinsurance group majority owned by China’s Fosun group, has reported strong growth in gross written…
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SCOR continues life expansion in Asia with new Japanese license
The Financial Services Agency of Japan has granted SCOR Global Life SE approval to open a branch office in Tokyo…
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Mitsui takes 11% stake in UIB Group
The international insurance broker UIB Group Ltd (UIB) has confirmed that Mitsui Sumitomo Insurance Company (MSI) has recently taken an…
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Willis Towers Watson launches cyber product for global airlines
Willis Towers Watson has introduced CyFly, an insurance product specifically tailored to cover cyber exposure affecting the airline industry. The…
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London still ranked top financial centre despite Brexit
Brexit and the US election have had a significant impact on the latest Global Financial Centres Index, with big percentage…
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New leaders for Brokerslink construction unit
Brokerslink has expanded its global construction practice with the appointments of Brian Schofield and Edouard Marron as co-practice leaders. Mr…
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AXA CS UK launches credit and political risk partnership with Anvil
Anvil One Ltd, the credit and political risk MGA, has signed a partnership with AXA in London through AXA Corporate…
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FM Global launches global flood map for risk managers
Property insurer FM Global has made its Global Flood Map publicly available to make it easier for risk managers to…
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South Africa downgraded to junk status after cabinet reshuffle
“Heightened political and institutional uncertainties that have arisen from the recent changes in executive leadership” have resulted in S&P Global…