News

Alternative Risk Transfer

Hiscox appoints Dolphin, Lee and McConnell to key leadership roles

Specialist insurer Hiscox has made two new appointments within its reinsurance and insurance-linked securities (ILS) business, and named chief underwriting officer for Hiscox USA.   1 August 2019

Insurance

Marsh & McLennan CEO Glaser 'excited' about growth prospects as revenue up 16% in Q2 2019 post JLT merger

Broker Marsh & McLennan's chief executive Dan Glaser is "pleased" with the company's second quarter 2019 results, which include Jardine Lloyd Thompson (JLT) for the first time.   30 July 2019

Insurance

Household insurance ‘remains unprofitable’ in Northern Australia, finds the Australian Competition and Consumer Commission

An inquiry examining Northern Australia’s insurance market has confirmed that providing household policies in the region “remains unprofitable for insurers”.   30 July 2019

Insurance

Markel appoints head of cyber in London from AIG

Specialist insurer Markel International has appointed Chris Burgess to head up its cyber team in London.   30 July 2019

Insurance

Sompo partners with VGM to insure golf courses and country clubs

Bermuda-based specialty re/insurer Sompo International Holdings has entered into a strategic partnership with VGM Insurance & Financial Solutions (VGM) to offer its insurance products to golf courses and country clubs.   30 July 2019

Insurance

AXA XL promotes Simona Fumagalli to lead European financial lines business

AXA XL Insurance has appointed Simona Fumagalli as head of international financial lines, Europe, based in Milan.   30 July 2019

Alternative Risk Transfer

Hiscox delivers $168m profit for H1 2019 despite challenging claims, says CEO Masojada

Hiscox has delivered profits in its results for the first six months of 2019 “despite a more challenging claims experience”, said Bronek Masojada, chief executive at the re/insurer.   29 July 2019

Insurance

PartnerRe enjoys solid growth in Q2 2019; CEO says market conditions are improving

Bermuda-based reinsurer PartnerRe enjoyed solid growth and improved non-life combined ratio in the second quarter of 2019. The results were driven by strong property/casualty performance and investment gains.   29 July 2019

Insurance

Insurtech investment remains buoyant in Q2 2019, hits $1.4bn mark: Willis Towers Watson

Investors splurged $1.41 billion on insurtech firms in the second quarter of 2019, marking the fourth consecutive occasion where investments exceeded $1.2 billion.   29 July 2019

Insurance

ArgoGlobal appoints new active underwriter for Lloyd's Syndicate 1200

Lloyd's insurer and member of Argo Group, ArgoGlobal, has appointed John Moffatt to serve as active underwriter for Syndicate 1200, replacing Steve Eccles who is leaving the company immediately.   29 July 2019

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