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Insurance
Broker Gallagher has recruited Brent Kruger as its new UK chief information officer (CIO). 13 September 2019
Insurance
Hyperion Insurance Group is merging its retail and specialist broking businesses, Howden and RKH, to be led by José Manuel González as chief executive officer. 12 September 2019
Insurance
Specialist re/insurance broker BMS Group has appointed Neil Prior as director in its global risks division, reporting to managing director Ian Gormley. 12 September 2019
Insurance
Broker Marsh will rename its Jelf business as Marsh Commercial in the first quarter of 2020 and a appoint new leadership team, in a move aimed at strengthing its offering in the local UK market, and streamlining its organisational structure. 11 September 2019
Insurance
Products and penetration in the Latin American life reinsurance market are not as mature as those in the US and some of European countries, creating “unique opportunities” for double-digit growth in certain Latin American countries, such as Brazil. 11 September 2019
Alternative Risk Transfer
The retro market has felt the impact of market changes in appetite and capacity across the Latin American region, Julian Vereker, head of group marketing at THB, told FIDES Today. 11 September 2019
Insurance
Following the difficult years of 2017 to 2019, which were dominated by extreme hurricanes, earthquakes, wildfires, typhoons and winter storm events, 25 insurance-linked securities (ILS) bonds are expected to be impaired in the 12-month period to June 30. 11 September 2019
Insurance
There is a potentially big opportunity for the insurance-linked securities (ILS) markets to develop parametric cat bonds that could cover some of the growing risks in Eastern Europe and Western areas of Asia, according to Kirill Savrassov, chief executive of PhoenixCRetro. 11 September 2019
Insurance
The pace of change in cyber risks means a forward-looking approach is essential, as historical data has limited relevance. 11 September 2019
Insurance
Despite some of the recent challenges they have faced, insurance-linked securities (ILS) investors are not going anywhere soon, and they will form increasingly deep and complex relationships with the industry, Mike Van Slooten, head of market analysis at Aon, told Monte Carlo Today. 11 September 2019
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