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American International Group (AIG) plans to launch a new syndicate at Lloyd’s serving the specialist U.S. high net worth market. 24 October 2019
Insurance
Jackson Lee Underwriting has launched what it claims is the market’s first Fleet GAP policy with a built-in temporary replacement vehicle solution. 23 October 2019
Insurance
Bermuda (re)insurers are still suffering above-average catastrophe losses and combined ratios, said ratings agency Fitch. 23 October 2019
Insurance
SSL Endeavour (SSLE) has signed definitive documents for the acquisition of a controlling shareholding in WorldLink Holdings, a North-American specialty aviation brokerage and MGA. 23 October 2019
Insurance
The International Underwriting Association (IUA) has established a new London market committee for underwriters providing professional indemnity cover to the construction industry, with a focus on issues surrounding the use of cladding and fire protection in the wake of the Grenfell fire. 23 October 2019
Insurance
The re/insurance losses seen in 2017 and 2018 have given the market “a different feeling” this year, said Mark O’Riordan, group reinsurance director at Ecclesiastical. 23 October 2019
Insurance
Solutions to the issue of silent cyber are emerging amid the uncertainties, according to Guy Carpenter. But firms must take this issue seriously as regulators and rating agencies are now taking a close interest in the issue with the risk of downgrades very real for companies that do not get a handle on the challenge. 22 October 2019
Insurance
TigerRisk Partners’ ability to innovate and think differently was part of the attraction of joining the broker for James Few, who joined the business in September as London CEO. 22 October 2019
Insurance
The chief underwriting officer of Everest Insurance, the specialty insurance operation of the Everest Re Group, is in Boston this week seeking deeper and more intimate relationships with its reinsurers. 22 October 2019
Insurance
David Barber, a Lloyd’s underwriter for 30 years specializing in US casualty business, is joining Fortegra Financial Corporation as the Chief Underwriting Officer for specialty lines in London. 22 October 2019
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