Articles

Insurance

Lockton appoints former Willis exec to financial institutions team

Broker Lockton has expanded its financial institutions team with the appointment of Brian Horwell as a producer.   13 July 2018

Insurance

Ardonagh-owned Price Forbes taps JLT, Marsh, Miller execs

Specialist insurance broker Price Forbes, part of the Ardonagh Group of companies, has expanded its power, utility and construction team with four new appointments from JLT, Marsh and Miller.   12 July 2018

Insurance

Lloyd’s launches new digital distribution platform

Specialist re/insurance market Lloyd’s has launched a new digital distribution platform designed to quickly and efficiently connect insurance businesses and entrepreneurs with Lloyd’s underwriters.   11 July 2018

Insurance

Anbang puts Belgian insurer up for sale

Anbang Insurance Group is exploring the sale of Belgian insurer Fidea, Bloomberg News reported citing people “with knowledge of the matter”.   11 July 2018

Insurance

Lloyd’s profitability push may cause ‘pandemonium’, says MGAA chair

Lloyd’s review of underperforming syndicates could cause pandemonium for managing general agents and disruption in many lines of business if it results in syndicates retracting their capacity from unprofitable areas quickly.   11 July 2018

Insurance

Chubb joins blockchain startup BiTA in digital push

Property/casualty insurer Chubb has become an industry association member of the Blockchain in Transport Alliance (BiTA).   11 July 2018

Insurance

Sharp rise in claims for merger-objection litigation

The cost of insurance claims for merger-objection litigation has risen “dramatically” in recent years, according to Chubb.   11 July 2018

Insurance

XL Catlin bolsters multinational casualty insurance team

Re/insurer XL Catlin has appointed Stefan Homberger as head of multinational casualty insurance in the US and promoted Arielle Moody as team lead for the US Eastern region multinational casualty group.   11 July 2018

Insurance

Insurers face in excess of $3bn claims from June storms

Severe thunderstorms leading to flash floods and hail across the eastern two-thirds of the US in June led to $4 billion economic losses and $3 billion of claims for insurers, according to Aon’s Global Catastrophe Recap report.   11 July 2018

Alternative Risk Transfer

Cat bond issuance volume drops in H1

Catastrophe bond issuance dropped to $7.4 billion in the first half of 2018 from $8.8 billion issued in the first half of last year as activity in North America halved, according to the PCS H1 2018 Catastrophe Bond Report.   11 July 2018

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