Articles

Insurance

Ascot CEO becomes new Lloyd’s Market Association chairman

Andrew Brooks, CEO of Ascot Underwriting, has been appointed the next chairman of the Lloyd’s Market Association (LMA) with effect from Jan.1, 2019.   10 October 2018

Insurance

London Market profitability to remain under pressure in 2018: Fitch

The profitability of London Market insurers is set to remain under pressure in 2018, according to Fitch Ratings.   10 October 2018

Insurance

Travelers partners with Amazon for smart home solutions

US-based property/casualty insurer Travelers has teamed up with Amazon to offer smart home solutions through a digital storefront on the electronic commerce giant.   10 October 2018

Insurance

Allianz strengthens AGCS UK broker relationships with AIG hire

Allianz Group's specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has strengthened its broker relationships team in the UK with a new hire from AIG and a promotion from within.   10 October 2018

Insurance

Chubb estimates Q3 cat losses at $450m pre-tax

Chubb has estimated the net losses in the third quarter of 2018 attributable to natural catastrophes globally at $450 million pre-tax, or $372 million after tax.   10 October 2018

Insurance

Reinsurance to protect Florida P&C players from hurricane Michael

Insurers and reinsurers exposed to hurricane Michael in Florida are likely to be only modestly impacted by hurricane Michael because of their typically high reinsurance protection, according to KBW.   9 October 2018

Alternative Risk Transfer

Allianz seeks expansion in alternative risk transfer through new AGCS structure

Allianz is targeting an expansion in alternative risk transfer ART) through a new structure and leadership at its corporate solutions unit Allianz Global Corporate & Specialty (AGCS).   9 October 2018

Insurance

Generali launches cyber security subsidiary

Italian insurer Generali has launched a new cyber insurance function and a startup company to offer innovative cyber risk assessment solutions through its web-based platform in Europe, Asia and the Americas.   9 October 2018

Insurance

Willis names head of Central & Eastern Europe, Middle East-Africa

Broker Willis Towers Watson has appointed Pamela Thomson-Hall as the head of the Central and Eastern Europe, Middle East, and Africa (CEEMEA) region.   9 October 2018

Insurance

Outgoing Aspen CEO suggests senior management can stay

Aspen CEO Christopher O’Kane suggested that senior management will be allowed to stay as he is replaced with Brit chairman Mark Cloutier when Apollo takes control.   2 October 2018

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