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Insurance
Specialist insurer Hiscox is withdrawing from aviation hull and liability underwriting due to market conditions pressuring rates. 21 February 2018
Insurance
Munich Re’s Digital Partners has entered into a long-term strategic partnership with insurtech home insurer Buzzvault, according to a Feb. 20 press release. 20 February 2018
Insurance
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, has reorganized its underwriting team. 20 February 2018
Insurance
Insurance broker Lockton has appointed three industry experts to its high net worth Signature Client Group, according to a Feb. 19 press release. 20 February 2018
Insurance
The Hanover-owned Chaucer Insurance Company has joined the International Underwriting Association of London (IUA). 20 February 2018
Insurance
Saga, a UK-based specialist insurer for life after 50, has appointed former Zurich executive Patrick O’Sullivan as chairman with effect from 1 May 2018. 19 February 2018
Insurance
Enstar Group-owned Lloyd’s managing agency, StarStone Underwriting has finalised a reinsurance-to-close transaction with Neon Underwriting, according to a Feb. 16 press release. 19 February 2018
Insurance
Bermuda-based Randall & Quilter (R&Q) has completed a transaction providing capital to support the reinsurance to close (RITC) of Hamilton Underwriting’s Syndicate 3334’s 2014 and prior years of account. 19 February 2018
Insurance
Specialty re/insurer Brit experienced an overall rate reduction of 1.3 percent in 2017, following a 3.3 percent reduction in 2016. 16 February 2018
Insurance
The rise of protectionism could prevent Latin America becoming one of the biggest insurance markets in the world, Lloyd’s chairman Bruce Carnegie-Brown suggested in a Feb. 15 press release. 15 February 2018
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