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Reinsurance is used increasingly for earnings protection and volatility reduction by insurers whose purchasing is guided by “risk appetite statements” deployed to optimize capital management and profitability targets, according to a survey of insurers by Willis Towers Watson. 9 July 2018
Insurance
Many insurtech firms are very similar in their scope and function to managing general agents – and could benefit from being part of the Managing General Agents' Association (MGAA). 9 July 2018
Insurance
Re/insurer MS Amlin has hired senior Aon executive Brecht van Hoorebeke to develop and grow its war business across continental Europe. 9 July 2018
Alternative Risk Transfer
Bermuda-based Horseshoe Group has appointed Jean-Bernard Crozet as senior vice president – advisory services and head of London office. 9 July 2018
Insurance
Property/casualty insurer Travelers Europe has launched a new standalone cyber insurance product for businesses in the UK and Ireland. 9 July 2018
Insurance
At least 100 people have died in Japan as record rainfall caused flooding and landslides in western Japan, according to news reports. 9 July 2018
Insurance
Property/casualty (P&C) CEO bonus payments increased to 393 percent of salary in 2017 from 225 percent of salary in 2016, according to a study by consulting firm Compensation Advisory Partners (CAP). 20 June 2018
Insurance
US-based global broker AmWINS Group has launched a small and medium-sized enterprise (SME) division within its London-based managing general agent Unicorn Underwriting. 12 June 2018
Insurance
Specialty re/insurer Brit has hired Hiscox and The Hartford executives to bolster its Brit Global Specialty USA (BGSU) professional liability team. 29 May 2018
Insurance
Chubb was the top US cyber insurer in 2017, rising past American International Group (AIG) and XL Catlin, according to AM Best. 21 May 2018
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