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Insurance
LV= appoints Jon Mansley as sales and marketing director
LV= General Insurance (LV= GI), a personal lines insurers in the UK, has appointed Jon Mansley to the newly created role of sales and marketing director.   30 October 2019
Insurance
Apollo Syndicate Management appoints Vinay Mistry as chief risk officer
Apollo Syndicate Management, an independent specialist insurer and reinsurer at Lloyd’s, has appointed Vinay Mistry as chief risk officer, effective from November 1. He reports to David Ibeson, Apollo’s chief executive.   30 October 2019
Insurance
China and India have biggest non-life insurance potential: Mapfre
China and India are the markets with most growth potential for closing the protection gap in non-life insurance, according to analysis carried out by Spanish insurer Mapfre.   30 October 2019
Insurance
Premiums surge at RenaissanceRe in casualty and specialty
RenaissanceRe reported sharply higher third quarter premiums, and a sharp reduction in its combined ratio.   30 October 2019
Insurance
TRIA extension remains uncertain; AM Best assesses consequences
AM Best has identified 30 insurers with substantial terrorism exposures and a heavy reliance on the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), which is due to expire on December 31, 2020—something the rating agency has described as a significant concern.   21 October 2019
Insurance
Property/casualty insurance industry’s surplus of $802.2bn sets new record in first-half 2019
Private US property/casualty insurers’ surplus reached a new record of $802.2 billion in the first half of 2019, pushed up by insurers’ income and unrealised capital gains, according to Verisk, a data analytics provider, and the American Property Casualty Insurance Association (APCIA).   14 October 2019
Alternative Risk Transfer
Resisting the seduction of models
The nat cat loss experiences of 2017 and 2018 have shown the weaknesses of relying upon a standardised external model without internal enhancement through the application of expert judgement and actuarial technique. Dirk Lohmann of Schroders investigates the solutions.   9 October 2019
Insurance
IFIG upgrades insurance fraud e-alerts with Verisk as threats continue to evolve
The Insurance Fraud Investigators Group (IFIG) has partnered with Verisk to upgrade its technology to include a cloud-based e-alerts platform to tackle the ever evolving problem of insurance fraud.   8 October 2019
Alternative Risk Transfer
Artex acquisition of Horseshoe will see the Bermuda firm ’become global brand of ILS services for Artex’
Artex Risk Solutions has confirmed it will acquire Bermuda-based Horseshoe Insurance Services Holdings which it said will “significantly strengthen” its insurance-linked securities (ILS) operations.   3 October 2019
Insurance
Whitespace donates digital contract data structures to Acord
Digital risk placement Whitespace is donating its digital contract data structures to ACORD, the Association for Cooperative Operations Research and Development, the standards-setting body for the global insurance industry.   3 October 2019

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