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Coverys Managing Agency, which looks after Lloyd's syndicates 1975, 1991 and 3330, appoints David Hipkin as a non-executive director
Insurance
Coverys Managing Agency, which looks after Lloyd's syndicates 1975, 1991 and 3330, appoints David Hipkin as a non-executive director
Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991 and 3330, has appointed David Hipkin as a non-executive director.   19 September 2019
London market veterans launch Commonwealth Insurance Forum
Insurance
London market veterans launch Commonwealth Insurance Forum
Two London market veterans have launched a new body, the Commonwealth Insurance Forum (CIF), to promote the industry within the 53 countries of the British Commonwealth.   16 September 2019
RMS puts Hurricane Dorian US insured losses in $500m-$1.5bn range, total losses in $4bn to $8.5bn range
Insurance
RMS puts Hurricane Dorian US insured losses in $500m-$1.5bn range, total losses in $4bn to $8.5bn range
Hurricane Dorian will cost insurance losses of between $500 million and $1.5 billion in the US, much less than some had estimated.   16 September 2019
Alternative Risk Transfer
Risk trading insurtech AkinovA donates ILS assets to insurance standards-setting body ACORD
AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has donated some insurance-linked security (ILS) assets to ACORD, the global standards-setting body for the insurance industry.   16 September 2019
Insurance
AXA XL promotes trio to grow UK book of business
Re/insurer AXA XL has made a number of appointments in its UK client and distribution team, based in London.   16 September 2019
Insurance
House of Insurtech launches underwriting-as-a-service platform
London-based House of Insurtech has launched a new cloud-based 'underwriting-as-a-service' platform, called Insurforce, that aims to lower administration cost, and increase flexibility for insurers, MGAs and brokers.   16 September 2019
Insurance
Lloyd's managing agent Vibe shuts A&H and property D&F units blaming tough market
Lloyd's managing agent Vibe Syndicate Management has closed its accident & health (A&H) and property D&F business units with immediate effect, citing "difficult market conditions".   16 September 2019
Insurance
AXA XL names Luis Prato chief underwriting officer for UK entities
AXA XL insurance has appointed Luis Prato as new chief underwriting officer (CUO) for UK legal entities, Catlin Underwriting Agencies (CUAL) and XL Catlin Insurance Company UK (XLCICL).   12 September 2019
Insurance
Developing talent a critical priority for London market, says new LMA Academy chair Matthew Wilson
The Lloyd’s Market Association (LMA) has appointed Brit group CEO Matthew Wilson as new chairman of the LMA Academy committee, and Aspen's Fiona Temple as director.   11 September 2019
Insurance
AXA has moved to take on more technical risk thanks to XL deal, says CEO
Interest rates staying lower for longer and negative bond yields mean more challenges for the life re/insurance industry—but AXA’s chief executive officer says the business is more shielded from these forces since it has repositioned its portfolio in recent years.   11 September 2019

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