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Insurance
Fosun International vice president Li Tao has been appointed as chairman of the board of directors of Hong Kong-based Peak Reinsurance Company. 15 August 2018
Insurance
UK motor insurer Admiral Group grew profits and turnover in the first half of 2018 as its core business delivered. 15 August 2018
Insurance
Insurance Australia Group (IAG) has increased insurance profit by 10.8 percent year on year to A$1.41 billion ($1.02 billion) in its 2018 financial year on lower expenses. 15 August 2018
News
Reinsurers have embraced third-party capital through instruments like sidecars, collateralized reinsurance, and catastrophe bonds and the retrocession market increasingly depends on this convergence capital, a new report by S&P Global Ratings states. 15 August 2018
Alternative Risk Transfer
Lloyd’s agencies want insurance-linked securities (ILS) as a permanent re/insurance market fixture, according to a survey by the Lloyd’s Market Association (LMA). 14 August 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, is increasing the volume of general liability (GL) business it writes from its office in the Netherlands. 14 August 2018
Insurance
Insurtech, new risks and the growing involvement of the capital markets are all making the re/insurance industry more attractive to young people—and they look increasingly critical to its future. As part of a wider feature available online, Intelligent Insurer speaks to 45 young executives—all under 35—destined for success within this evolving sector. 13 August 2018
Insurance
German re/insurer Talanx recorded an underwriting loss in industrial lines in the first half of 2018, driven by the German fire line and the firm is looking for price increases and restructuring the segment. 13 August 2018
Insurance
Latest data by the London Market Group (LMG) shows that 24 percent of Lloyd’s syndicates missed the target for electronic placement in the second quarter of 2018. 13 August 2018
Insurance
Lloyd’s plans to name syndicates that miss electronic placement targets on the PPL platform in an attempt to force higher adoption rates. 13 August 2018
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