Articles

Insurance

Convex will benefit from 2020 hardening triggered by losses and Lloyd’s crisis: Catlin

The market is now well overdue a fundamental correction in pricing, something Stephen Catlin will look to capitalise on with his new venture Convex Group, unveiled yesterday (Tuesday May 1). He claims that losses in the industry have been so severe in recent years they are on the verge of destroying capital – something that should prompt a radical change.   1 May 2019

Insurance

Allianz in 'advanced talks' to buy L&G's home insurance business: report

German insurer Allianz is in "advanced talks" to buy Legal & General’s (L&G's) home insurance business, Sky News reported on April 29.   30 April 2019

Insurance

KPMG fined by UK regulator over Lloyd’s Syndicate 218 (Equity Red Star) audit

The Financial Reporting Council (FRC) has fined KPMG and some of its partners after an investigation found misconduct in relation to the audit of Lloyd’s Syndicate 2018 (Equity Red Star) and actuarial advice given to Equity Syndicate Management (ESML).   30 April 2019

Insurance

Argo extends CFO Jay Bullock's contract to 2023

Bermuda-based specialty re/insurer Argo Group International Holdings has extended the contract with its executive vice president and chief financial officer Jay Bullock until April 25, 2023.   30 April 2019

Insurance

Faraday CEO D’Arcy named Gen Re head of international property & casualty

Gen Re, a Berkshire Hathaway company, has appointed Andrew D’Arcy as the head of Gen Re international property & casualty.   30 April 2019

Insurance

Lloyd's report examines unanswered questions about AI risk liability

While artificial intelligence (AI) and robotics have helped insurers improve their operations and increase efficiency, it has also introduced new risks relating to trust, ethics, security and safety, a new Lloyd's report has suggested.   29 April 2019

Insurance

Lloyd’s Lab second cohort features AI, gig economy and language tech

Lloyd’s Lab, the experimental development hub for Lloyd’s of London, has unveiled its second cohort of 12 teams, which include AI, gig economy, and language processing innovators.   29 April 2019

Insurance

Willis Towers Watson hires asset management specialist from Lockton

Broker Willis Towers Watson has appointed a number of asset management experts in its FINEX financial institutions practice to further expand its offering globally.   29 April 2019

Insurance

Munich Re's HSB reveals broker e-trading platform

Munich Re-owned specialist engineering and technology insurer HSB Engineering Insurance has launched a new online trading platform for brokers.   29 April 2019

Insurance

Willis Towers Watson brings new global head of financial solutions from BNP Paribas

Broker Willis Towers Watson has appointed Christophe Meurier as global head of financial solutions, succeeding Paul Davidson who will continue as chairman of the business unit.   29 April 2019

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