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As Michael Gove, a senior minister in Prime Minister Boris Johnson’s new government, told the UK’s Sunday Times newspaper that the government was working to the assumption of a no-deal Brexit, the London Market Group (LMG) has published its Brexit update report ‘A new relationship with the European Union’. 29 July 2019
Insurance
Insurtech Trace Isys has appointed Simon Howden as chief executive officer of the company. 1 June 2017
Insurance
Specialist reinsurance broker Capsicum Re has launched a new New York cyber hub, led by Patrick Bousfield who has been promoted to executive director. 4 June 2018
Insurance
It is designed to tackle the increasing number of exposures faced by SMEs due to changes in the work environment amid COVID-19 lockdown. 7 May 2020
Insurance
Property/casualty insurer Chubb is creating a standalone cyber risk business under Bill Stewart as division president. 12 July 2017
Insurance
Catastrophe losses stemming mainly from the three the hurricanes and wildfires that hit the US last year cost Berkshire Hathaway some $3 billion and led to heavy underwriting losses in its re/insurance units. But Warren Buffett, the company’s chairman, was quick to stress that such years are rare and prior to 2017 the company had recorded 14 consecutive years of underwriting profits. 26 February 2018
Insurance
Some insurers are implementing only the minimum data protection standards as required in a jurisdiction—but this approach will cause problems for them, according to Darren Wray, CEO of consultancy firm Fifth Step. 13 September 2017
article
Both profits and growth dipped at Italian insurer Generali in the first quarter as the company blamed a more disciplined underwriting approach in its life business and a lower investment result due to its policy of reducing realised gains. 11 May 2017
Insurance
Despite the challenges of COVID-19, Deutsche Rück continues to strengthen its position in Germany while adding value in other European markets and targeting an expansion into the Middle East in 2021. Achim Bosch of the Deutsche Rück Group discusses the reinsurer’s position now and his views on tackling future pandemics. 19 October 2020
Insurance
In the absence of clarity as to what a future trade deal will look like between the UK and the EU, affected insurers have accelerated their plans to establish new EU subsidiaries, according to AM Best. 3 August 2018
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