News
Insurance
S&P Global Ratings has revised the outlook of Lloyd's of London and its core subsidiaries to stable from negative, following changes made by the specialist re/insurance market to improve its overall underwriting performance. 17 June 2019
Insurance
Cyber insurance premiums in the US increased to $2.03 billion in 2018, a rise of around 10 percent from 2017, analysis by Aon has revealed. 12 June 2019
Insurance
Global reinsurance pricing is “a firming market” rather than a hard one, according to S&P Global, which suggested that “green shoots” could be on the way for reinsurers in 2019. 7 June 2019
Insurance
It is a widely held belief that competition is good and monopoly is bad. So why, asks Liberty Specialty Markets’ president and managing director Matthew Moore, does Amazon, with its market dominance, set new standards for service? 5 June 2019
Insurance
Risk managers wondering how underwriters use their data to rate and review risks—and then set their rates—were given a behind-the-scenes look at how Munich Re does it, although Airmic 2019 workshop leader James Cleaver, a corporate insurance partner at the German firm, was careful not to give away all the reinsurer’s secrets. 5 June 2019
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has acquired The Protectors Group (TPG), an Australian retail broker specialising in construction, hospitality and transport coverage for commercial and corporate clients in Greater Western Sydney. 4 June 2019
Insurance
Specialist venture capital fund Eos has partnered with broker Marsh to develop innovative insurtech solutions that will deliver 'actionable intelligence' to drive real-time risk management within the insurance marketplace. 4 June 2019
Insurance
US property/casualty (P/C) insurers are well placed to weather the landfall of a significant storm in the 2019 hurricane season despite experiencing elevated catastrophe losses in the recent years, according to Fitch Ratings. 4 June 2019
Insurance
Markel Corporation has appointed James Proferes as executive underwriting officer for global professional liability. 4 June 2019
Alternative Risk Transfer
Bermuda-based White Mountains Insurance Group has acquired a minority equity stake in Elementum Advisors, an insurance-linked securities (ILS) manager with over $4 billion of assets under management. 4 June 2019
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