Articles
Insurance
Some lines of business hit by severe losses such as the wildfires this year have already seen substantial rate increases—but this is the exception rather than the rule, Adam Szakmary, director of underwriting, Bermuda, at Hiscox Re & ILS, told Monte Carlo Today. 9 September 2018
Insurance
The spectre of consolidation could play an important role in some negotiations during the Monte Carlo Rendez-Vous this week, Nick Frankland, the UK chief executive of Aon’s Reinsurance Solutions business, told Monte Carlo Today. 9 September 2018
Insurance
If the UK leaves the EU without a deal and the European regulators refuse initial Solvency II equivalence, European cedants could lose access to elements of the London reinsurance market, Peter Allen, partner at Moore Stephens, told Monte Carlo Today. 9 September 2018
Insurance
Technology has the potential to make the insurance industry far more accessible—and grow its customer base in the process. But only if it can adjust quickly enough. 9 September 2018
Insurance
Lloyd’s profitability review is being described as the biggest shakeup of the market since reconstruction in the 1990s. As syndicates are forced to pare back capacity, it could have far-reaching consequences well beyond the market itself, as Intelligent Insurer reports. 8 September 2018
Insurance
John Neal has been appointed as the CEO of Lloyd’s of London following a meeting of the Council of Lloyd’s. 7 September 2018
Insurance
John Neal, the former boss of Australia-based insurer QBE Insurance Group who lost his job last year following a shock profit warning, is likely to be appointed as the new chief executive of Lloyd’s of London, according to a Sept. 7 Financial Times report citing “people familiar with the matter”. 7 September 2018
Insurance
Italian insurer Generali has entered into an exclusive negotiations with the shareholders of Sycomore Asset Management to acquire a majority stake in the company and enter into a strategic partnership. 7 September 2018
Insurance
Broker Aon’s reinsurance solutions business has made a new senior hire and a series of role changes within its UK leadership team based in London. 7 September 2018
Insurance
Japan's property/casualty insurer Tokio Marine Holding has entered into a definitive agreement to acquire a 22.5 percent stake in South African insurer Hollard Holdings and Hollard International for 5 billion rand ($328 million) in cash and is looking for additional M&A targets. 7 September 2018
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