Articles

Insurance

Lloyd's appoints ex-QBE boss David Duclos to expand international network

Specialist insurance and reinsurance market Lloyd’s has appointed David Duclos as non-executive chairman of Lloyd’s Global Network, where he will play a key advisory role in the development of Lloyd’s international network.   6 February 2019

Insurance

Beazley combines cyber, executive units to tackle 'most challenging risks'

Specialist insurer Beazley has created a new division, called cyber and executive risk (CyEx), to be led by Mike Donovan.   6 February 2019

Insurance

Insurtech CoverHound attracts $58m investment from Hiscox, Chubb, MS&AD

Specialist insurer Hiscox has led a $58 million Series D funding round of insurtech CoverHound, with additional investors including Chubb, Aflac Ventures and Japan-based MS&AD.   6 February 2019

Insurance

Chubb’s Greenberg lauds good results despite high catastrophe losses

Chubb 2018 results show “a very good year” despite higher catastrophe losses than expected, said Evan G. Greenberg, chairman and chief executive officer of the property and casualty insurance firm.   6 February 2019

Insurance

PG&E files for bankruptcy as wildfires liability looms

Pacific Gas & Electric Corporation and its operational subsidiary PG&E Company, the company accused of starting several of California’s record-breaking wildfires in 2017 and 2018, has filed for Chapter 11 bankruptcy protection.   30 January 2019

Insurance

QBE merges Lloyd’s Asia platform QIMS under Singapore operations

Re/insurer QBE is in the process of realigning its business operations to take a more customer-centric approach. Its latest move has resulted in the merger of its regional specialty portfolios in Asia.   30 January 2019

News

O’Donnell takes positives as RenRe posts strong growth in 2018 but profits dip

RenaissanceRe’s gross written premiums jumped by nearly 20 percent in 2018 – but its profits dipped mainly on the back of high levels of claims from the record-breaking wildfires in California for a second consecutive year.   30 January 2019

article

Swiss Re unveils new capital markets unit in Brexit move

Swiss Re has formed a new capital markets unit in Luxembourg and applied for authorisation to trade with EEA based clients to ensure trading continuity post-Brexit.   30 January 2019

Insurance

RFIB appoints ex-Aon as reinsurance CEO to ramp up growth plans in Asia

Lloyd's re/insurance broker RFIB Group has appointed Stephen Warwick as CEO reinsurance, Asia Pacific, following a strategic review of the region.   30 January 2019

Insurance

AXIS Re taps Gen Re's Arbuckle as new underwriting head for Canada

Bermuda-based AXIS Capital Holdings has hired a senior executive from Gen Re to expand AXIS Re’s Canadian market business and establish new partnerships in the region.   30 January 2019

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