Articles

Insurance

IGI’s Jabsheh praises 2018 results ‘solid performance’ as net profit up 237%

International General Insurance Holdings chief executive officer Wasef Jabsheh lauded the insurer’s “solid performance” as the company's net profits rose substantially in 2018.   25 March 2019

Insurance

AI insurtech omni:us taps ex-Univé CEO Heideman to drive global expansion

Berlin-based artificial intelligence (AI) powered insurtech start-up omni:us has appointed Joost Heideman as strategic advisor to help drive the company’s global expansion plans.   25 March 2019

Insurance

Volante hires senior underwriting trio to spearhead Canadian expansion

UK-based managing general agent (MGA) platform Volante Global has hired three senior underwriters to spearhead its entry into the Canadian market.   25 March 2019

Insurance

Lloyd's chief risk officer Hilary Weaver leaves after 16 years

Hilary Weaver, Chief Risk Officer at Lloyd’s of London, is to leave the corporation at the end of March 2019 after 16 years.   25 March 2019

Insurance

EU regulator approves Marsh-JLT merger; date set for final completion

The European Commission has approved Marsh & McLennan Companies' (MMC's) acquisition of re/insurance broker Jardine Lloyd Thompson Group (JLT), conditional on the divestment of JLT's global aerospace practice.   25 March 2019

Insurance

LMA calls for sexual harassment in insurance to be hit ‘head on’

Reports of a “deep-seated culture of sexual harassment” in the insurance market have prompted the LMA to say the problem must be hit “head on”.   21 March 2019

Insurance

Lloyd’s and Bermuda markets 'should work together rather than competing' says Lloyd’s chair

Lloyd’s of London and the Bermuda insurance market have many common interests and should focus more on growing the size of the insurance market for mutual benefit than on competing against each other, according to Bruce Carnegie-Brown, Lloyd’s chairman.   20 March 2019

Insurance

Alesco and Africa Re seek $3.5bn Lloyd’s capacity for Equatorial Guinea upstream energy risk

Broker Alesco Risk Management Services and Africa Re have launched a $3.5 billion reinsurance facility designed to cover all international upstream energy insurance programmes written from Equatorial Guinea.   20 March 2019

Insurance

Chaucer appoints China Re P&C exec Dr Zuo Huiqiang as new non exec

Specialty re/insurer Chaucer has appointed Dr Zuo Huiqiang, the deputy general manager of China Re P&C, as a non-executive director of Chaucer Syndicates, the group’s Lloyd’s managing agency.   20 March 2019

Insurance

Liberty Specialty Markets promotes Sankey to global head of oil and gas

Liberty Specialty Markets (LSM) has promoted Paul Sankey to the role of global head of oil and gas, in addition to his job as head of the energy and construction teams in London.   19 March 2019

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