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Andrew Brooks, CEO of Ascot Underwriting, has been appointed the next chairman of the Lloyd’s Market Association (LMA) with effect from Jan.1, 2019. 10 October 2018
Insurance
The profitability of London Market insurers is set to remain under pressure in 2018, according to Fitch Ratings. 10 October 2018
Insurance
US-based property/casualty insurer Travelers has teamed up with Amazon to offer smart home solutions through a digital storefront on the electronic commerce giant. 10 October 2018
Insurance
Allianz Group's specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has strengthened its broker relationships team in the UK with a new hire from AIG and a promotion from within. 10 October 2018
Insurance
Chubb has estimated the net losses in the third quarter of 2018 attributable to natural catastrophes globally at $450 million pre-tax, or $372 million after tax. 10 October 2018
Insurance
Deal values across property/casualty (P&C) and life insurance are expected to more than double in 2018, marking the second-busiest year since 2005, according to S&P Global Market Intelligence. 9 October 2018
News
Swiss Re believes it can insulate itself from downwards pressure on rates in the reinsurance market by offering clients value-added services such as data, technology and expertise, head of reinsurance Moses Ojeisekhoba, told Intelligent Insurer. 8 October 2018
Insurance
Former Maiden Holdings CEO Arturo Raschbaum has been awarded a lump-sum cash payment of $2.2 million as part of his retirement package. 5 October 2018
Insurance
Specialist re/insurer Markel International has commenced writing business from its Mumbai office under the leadership of Deepika Mathur who has joined from HDFC Ergo. 5 October 2018
Insurance
Extratropical Cyclone Xavier that primarily affected Germany on October 5 of 2017 will cost insurers approximately €324 million, according to the final loss estimate of PERILS. 5 October 2018
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