Insurance
-
‘Balanced Book’ strategy pays dividends for HDI Global in soft market
HDI Global SE, the industrial insurance arm of German group Talanx, has reported a significant improvement in underwriting results, combined…
-
Hong Kong FDSC calls for government support to promote captives business
The Hong Kong Financial Services Development Council (FSDC) has revealed plans to fight back against progress made by Singapore in recent…
-
Seize the day – Parima interview
The current era of uncertainty is a great opportunity for Parima and its members to seize the initiative and demonstrate…
-
New solvency regime forcing consolidation in Philippine insurance sector
Recently installed commissioner for the Philippines Insurance Commission Dennis Funa has revealed that the national insurance market is undergoing a…
-
European Commission launches consultation on role of EIOPA
The European Commission (EC) has launched a public consultation on the operation of the European Supervisory Authorities (ESAs), including the…
-
Insurers start raising rates after Ogden change
Insurers have started the first of several expected rate increases for UK liability insurance after changes to the Ogden rate…
-
US thunderstorm losses on par with hurricane claims: Willis Re
Thunderstorms property losses in the US are equal to those caused by hurricanes, according to a new report from Willis…
-
Senior management views talent scarcity as serious risk
Organisations are facing up to the realities of shifting demographics and new technology in terms of accessing the right talent,…
-
Nigerian insurer sees profits rise 16%
Guinea Insurance has reported a 16.5% increase in gross premium income to NGN1.01bn for the 2015 financial year, against NGN867.99m…
-
James Tuplin joins XL Catlin to head CMT team in Europe
XL Catlin has poached James Tuplin from rival QBE to be its head of cyber and technology, media and telecoms,…
-
GCC insurers bullish on profitability but concerned about competition
Insurers in the Gulf Cooperation Council (GCC) region are relatively optimistic on profitability but are concerned about competition and low…
-
Europe’s largest insurers buying more reinsurance and retaining less risk, says AM Best
The 20 largest European cedents are still taking advantage of the soft market by buying more reinsurance and retaining less…
-
New partner for South African risk consultancy as ownership changes
CGF Research Institute has announced that Palmer Business Concepts (PBC) has bought 40% of the shares of the company and…
-
More than 20,000 organisations join anti-slavery register
More than 20,000 organisations have joined Tiscreport.org, the open data registry committed to helping to end slavery within our lifetimes.…
-
Hancock negotiates $5m AIG exit payment
AIG will pay outgoing chief executive Peter Hancock an additional $5m to his salary as part of an exit package,…
-
Neon launches marine and offshore construction consortium at Lloyd’s
Lloyd’s insurer Neon, which is part of The Great American Insurance Group, launched a new marine and offshore construction consortium.…
-
BHSI boosts professional liability offering and hires new head
Berkshire Hathaway Specialty Insurance (BHSI) has launched professional liability coverage for large, complex technology-related risks and has appointed Geoffrey Kendrick…
-
Insurers urged to address emerging fracking risks
Insurers need to address growing fracking risks and develop policies to specifically cover the emerging threat, according to a new…
-
XL Catlin appoints McMahon to head global property underwriting
XL Catlin has appointed Tim McMahon as global chief underwriting officer for property. Mr McMahon is currently head of energy,…
-
Lloyd’s Argenta Holdings acquired by Hannover Re
Hannover Re, the third-largest reinsurer in the world, is to acquire the UK holding company Argenta Holdings plc. Argenta owns…