Articles

Alternative Risk Transfer

ILS market growth second-slowest in eight years in Q2 2019: Willis Re

The insurance-linked securities (ILS) market declined year-on-year in the second quarter of 2019, making it the second-lowest Q2 for issuance by volume in the past eight years, except for 2016.   7 August 2019

Insurance

Greenlight Re Q2 2019 results suggests turnaround has begun

Reinsurer Greenlight Re CEO Simon Burton, said “conditions are improving in multiple lines of business” as the firm reported gross written premiums (GWP) and net income increases in its 2019 second quarter results.   6 August 2019

Insurance

P&C insurance software firm Guidewire appoints Rosenbaum CEO

Property and Casualty (P&C) insurance industry firm Guidewire has appointed Mike Rosenbaum, former EVP Product at Salesforce, as chief executive.   6 August 2019

Insurance

Allianz secures Ben Mitchell for newly created role of regional head of multinational for the Americas

Allianz Global Corporate & Specialty SE (AGCS) has created the post of regional head of multinational Americas and hired Ben Mitchell for the role, starting immediately.   6 August 2019

Insurance

Cobbs Allen hires former JLT US CRO Payne to build broking business

US-based enterprise risk management agency Cobbs Allen has hired former JLT US chief revenue officer (CRO) David Payne as part of plans to expand its insurance brokerage business.   6 August 2019

Insurance

Argo CEO Watson says 2019 Q2 / H1 results show ‘strong shareholder value creation’

Argo Group’s 2019 second quarter and half year results deliver “strong shareholder value creation” despite some claims volatility in the second quarter of 2018, said CEO Mark E Watson III.   6 August 2019

Insurance

Marsh JLT Specialty Aviation Practice hires former Boeing executive Michael Tarling

There has been a reshuffle at Marsh’s aviation practice with the exit of key team members and the impending arrival of an experienced insurance executive from Boeing.   2 August 2019

Insurance

Lloyd's broker SSL Endeavour launches in Cyprus and Greece in Brexit move

Lloyd's broker and delegated authority specialist SSL Endeavour is expanding into Cypriot and Greek markets with the launch of SSL Endeavour Cyprus & Greece, pending regulatory approval.   2 August 2019

Insurance

AXA CEO Buberl says H1 2019 results show ‘strategy paying off’

AXA’s results for the first half of 2019 showed that the “strategy was paying off',' according to the French insurer’s CEO Thomas Buberl, as he called 2018 “a decisive year for the group’s transformation process”.   2 August 2019

Insurance

AmTrust acquires Legal Insurance Management Group in the UK & Ireland

AmTrust Financial Services, through its subsidiary AmTrust International, has acquired Legal Insurance Management Group (LIM), a specialist in the legal expenses, professional fees, home emergency and vehicle breakdown insurance markets in the UK and Ireland.   2 August 2019

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