Articles
Insurance
More unprofitable business will be forced from Lloyd’s as part of this year’s performance review, although it will also take a more nuanced approach and implement what it called a risk-based approach to regulatory oversight, according to its senior management team. 11 September 2019
Insurance
Acquisitive insurance intermediary Nexus Group has appointed Andrew Moss as an independent non-executive chairperson on the Nexus Underwriting Management's main board as part of its strategic growth plan. 10 September 2019
Insurance
“The whole market wants Lloyd’s to succeed and it is widely recognised that Lloyd’s unique attributes are more relevant than ever today. We are not underestimating the size of the challenge ahead of us,” Daniel Revilla, head of Latin America at Lloyd’s, told FIDES Today. 10 September 2019
Insurance
It’s been a rocky road for many in the industry. Several of Lloyd’s syndicates have closed; others were forced to stop underwriting certain classes and/or territories, Miguel González Arrate, president of Baalnak, told Fides Today. 10 September 2019
Insurance
The reinsurance market has entered a more promising era of hardening rates, but has still has a long way to go before progressing into a true hard market, according to IGI. 10 September 2019
Insurance
There is a trend for corporate insurers to explore how to use the managing general agent (MGA) model more effectively, Chris Butcher, chief executive officer, Intermediary Services for Davies Insurance Services, told Monte Carlo Today. 10 September 2019
Insurance
Cyber continues to grow globally but with some stark regional differences and re/insurers are increasingly aware of silent cyber, as Luke Foord-Kelcey of Aon’s Reinsurance Solutions told Monte Carlo Today. 10 September 2019
Alternative Risk Transfer
Industry veteran Dirk Lohmann, who now heads the insurance-linked securities (ILS) business of global asset management group Schroders, is exploring the possibility of launching a new reinsurer on Bermuda with a minimum of $500 million in capital. 10 September 2019
Insurance
Integro Insurance Brokers (trading as Tysers) has signed a definitive agreement to acquire Risk Transfer Group (RTG), the parent company of Lloyd's re/insurance broker RFIB Group. 9 September 2019
Insurance
The rush to the Latin American region is losing its allure for some reinsurers, claims James Grieves, senior vice president and regional manager of the Latin America and Caribbean region at SCOR. 9 September 2019
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