Articles
Insurance
After almost two decades of favourable buying conditions, 2017 and 2018 saw a change in the market dynamic whereby rates are increasing, and carriers are now willing to walk away from deals that do not deliver on acceptable levels of profitability, the chief executive of Australia-based broker Honan Insurance Group has claimed. 21 January 2019
Insurance
Re/insurer AXA XL has completed the transfer of its European Union insurance company, XL Insurance Company (XLICSE), from the UK to Dublin, Ireland in response to Brexit uncertainty. 21 January 2019
Insurance
Swiss Re has appointed Archie Kane as the new non-executive chairman of the board of its UK-based closed book business ReAssure. 18 January 2019
Insurance
Reinsurance broker Guy Carpenter & Company has unveiled a new global capital solutions group and several key leadership appointments, which will become effective after the closing of the JLT acquisition by its parent Marsh & McLennan Companies (MMC). 17 January 2019
Insurance
AM Best has warned that uncertainty as to the UK’s future trading relationship with the EU has increased following the vote in the House of Commons on Jan. 15, 2019, rejecting the deal terms agreed with the EU by Prime Minister Theresa May’s government. 17 January 2019
Insurance
RKH Specialty, part of the Hyperion Insurance Group, has appointed Richard Haines as managing director to lead its newly formed natural resources practice. 16 January 2019
Insurance
Lloyd’s broker and delegated authority specialist SSL Endeavour has hired a senior professional indemnity (PI) broker to expand its international business. 15 January 2019
Alternative Risk Transfer
The outlook for the non-life reinsurance sector is improving as prices are expected to rebound in 2019 following the sector’s second consecutive year of above-average losses. 15 January 2019
Insurance
US-based managing general agent Zodiac Insurance Services, a subsidiary of Lloyd’s broker AFL Insurance Brokers, has launched a new directors and officers (D&O) capacity for the global small financial institutions (Small FI) market. 14 January 2019
Insurance
Lloyd’s of London should spend more time focusing on the US and less time trying to grow in fast-emerging economies, Andrew Brooks, incoming chair of the Lloyd’s Market Association, according to the Financial Times. 14 January 2019
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