Articles
News
Pimco, the US-based asset management subsidiary of insurer Allianz, has launched a new property and casualty insurance-linked securities (ILS) business. 25 January 2019
News
Bermuda-based Langhorne Re, a global reinsurer targeting large in-force life and annuity blocks, has hired Marvin Pestcoe as its new executive chair and chief executive officer (CEO) from PartnerRe. 25 January 2019
Insurance
Large-scale group litigation resulting from mass data breaches is just one of a number of growing legal risks for the insurance sector in 2019, according to law firm RPC in its 2019 Annual Insurance Review. 25 January 2019
News
Increasing claims severity, social inflation and instances of adverse reserve development are now hurting carriers and point to a market in transition, according to a new report by JLT Re called ‘Uncharted Territory at its Market Prospective Event’. 25 January 2019
News
Qatar Re is seeking a new chief executive after Gunther Saacke revealed he will step down from the role at the company’s next board meeting, scheduled for March, and leave the company later this year. 25 January 2019
Insurance
Ryan Specialty Group is to acquire Boston Insurance Specialists (BIS), an independently owned wholesale insurance brokerage with offices in Mansfield and Westfield, Massachusetts. 25 January 2019
Insurance
MarketScout, the electronic insurance exchange and specialty managing general agent (MGA) in the US, has launched a new MGA facility specifically designed to offer additional capacity to cover wildfire risk. 25 January 2019
Insurance
Specialty insurance group Newline Group, which operates through Newline Syndicate 1218 at Lloyd’s and Newline Insurance Company, has appointed Markus Schäfer as senior underwriter, general liability, at Newline Insurance Company in Cologne. 24 January 2019
News
Broker Ed has bragged that it placed almost 70 percent of orders using the London market’s joint electronic placement system in the latter part of 2018 – and it has backed calls for a league table to be published showing brokers’ adoption of the platform. 23 January 2019
Insurance
Waypoint Underwriting Management, has obtained coverholder approval to underwrite Accident and Health (A&H) products on behalf of ArgoGlobal Syndicate 1200 at Lloyd’s. 23 January 2019
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