Articles
Insurance
Managing general agents (MGAs) are coming under growing pressure from Lloyd’s as part of the market’s profitability push while also grappling with the continued uncertainty around Brexit. But executives in the sector remain confident they can adapt and manage the challenges. 18 July 2018
Insurance
Charles Taylor Managing Agency (CTMA) has appointed Colin Grint as chief executive officer. He will join CTMA later in 2018 from Capita Managing Agency. 17 July 2018
Insurance
Syndicate Research (SRL) has downgraded the B-^ (Below Average), stable outlook, Continuity Opinion of Lloyd's syndicate 780 (Advent Underwriting) to C+^ (Below Average). 17 July 2018
Insurance
Following a review of recent years' asbestos-related claims and litigation activity and insurers' paid and incurred loss experience, Fitch has raised projection for ultimate all-time US industry incurred losses to $100 billion compared with a previous estimate of $90 billion. 16 July 2018
Insurance
New US sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country, according to a July 13 Reuters report citing chairman Bruce Carnegie-Brown. 16 July 2018
Insurance
Reinsurance broker JLT Re, a subsidiary of Jardine Lloyd Thompson Group, has appointed Guy Carpenter executive Scott MacColl as head of credit and surety for North America. 16 July 2018
Insurance
Commercial property MGA European Property Underwriting (EPUL), part of Global Risk Partners (GRP), has appointed Christopher Box to the role of senior underwriter for UK and European property owner risks. 16 July 2018
Insurance
Insurance broker Brown & Brown has acquired Portland-based Professional Disability Associates (PDA), a disability services company providing specialty claims management services. 16 July 2018
Insurance
Insurtech startup Digital Risks, a digital-only insurance broker has raised £2.25m in an investment round led by Concentric, with participation from Atami Capital, Seedcamp, London Co-Investment Fund and Beazley. 16 July 2018
Insurance
Specialist re/insurance market Lloyd’s has correctly predicted that France would win the 2018 FIFA World Cup based on insurable value. 16 July 2018
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