Articles
Insurance
Modernisation and digitisation have long been on the agenda of the London Market—but progress has been painfully slow. Now, a variety of factors are converging to make change perhaps still painful, but at least more likely to be achieved. 10 September 2016
Insurance
August was an active month for global natural disasters, but the vast majority of losses are likely to be uninsured, according to Aon Benfield’s August global catastrophe report. 9 September 2016
Insurance
After a busy 2015, when a flurry of M&A transformed the business, Willis Re’s global chief executive John Cavanagh is comfortable coming back above the parapet and extolling the virtues of growth despite numerous headwinds. Intelligent Insurer reports. 7 September 2016
Insurance
An increase in foreign exchange volatility in the second quarter of 2016, enhanced further by the surprising result of the UK’s EU referendum vote, has distorted the performance of re/insurance companies during the period. Making more use of hedging for foreign exchange risk could ease such distorting effects from companies’ profit and loss accounts, experts claim. 26 August 2016
Insurance
Willis Re has appointed Chris McDowell as the chief executive officer of Willis Re Bermuda, effective January 1 2017. 24 August 2016
Insurance
While rates are showing signs of flattening out, the soft market is far from over and reinsurers are having to make tough choices on retaining market share versus protecting profits. Intelligent Insurer reports. 16 August 2016
Insurance
Interest in setting-up at Lloyd’s remains strong despite the market’s performance dipping last year on the back of competitive market conditions. 16 August 2016
Insurance
Hamilton Insurance Group, the Bermuda-based holding company, has added the former CEO of Aon Hewitt to its board of directors. 15 August 2016
Insurance
RFIB Group, a re/insurance broker at Lloyd’s, has appointed Glenn Jackson as managing director of RFIB Americas, effective immediately. 8 August 2016
Insurance
China faced the worst flooding since 1998, leaving the country with an economic toll of $33 billion. Only 2 percent of the damage is covered by insurance, according to Aon Benfield’s global catastrophe recap report for July. 5 August 2016
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