News

Insurance

Re/insurers ‘should prepare for the hardest of Brexits’

Re/insurers should now assume that the UK will not complete a deal with the EU before it leaves the union in March next year, and prepare for the worst, Clive O’Connell, partner and head of insurance and reinsurance at law firm McCarthy Denning, told Monte Carlo Today.   11 September 2018

Insurance

Lancashire replaces Bermuda CUO, group chief actuary

Specialty re/insurance provider Lancashire Holdings (LHL) has appointed James Irvine as the new chief underwriting officer (CUO) for Lancashire Insurance Company in Bermuda.   10 September 2018

Insurance

Futureproof against Brexit

Amid the great uncertainty surrounding the nature of Brexit, insurers and intermediaries must ensure they futureproof their businesses for any outcome, Steve Quinn, managing director and head of mainland Europe, Artex Risk Solutions, tells Monte Carlo Today.   10 September 2018

Insurance

The influence of insurtech and M&A

In association with Swiss Re, Monte Carlo Today conducted a survey of senior industry executives ahead of and during the conference.   10 September 2018

Insurance

No-deal Brexit will mean friction for European cedants

If the UK leaves the EU without a deal and the European regulators refuse initial Solvency II equivalence, European cedants could lose access to elements of the London reinsurance market, Peter Allen, partner at Moore Stephens, told Monte Carlo Today.   9 September 2018

News

SCOR reshuffles management in P&C reorganisation move

As part of a reorganisation of its Global P&C operations, SCOR has revealed a number of key appointments.   5 September 2018

News

SCOR splits Global P&C into three units

SCOR Global P&C will be organised around three business units plus transverse functions, which will all cooperate for clients’ benefit, according to a corporate presentation.   5 September 2018

Insurance

CNA appoints Accenture veteran as new COO succeeding Merten

Chicago-based commercial insurer CNA has appointed Michael Costonis as its new chief operations officer (COO), responsible for leading all information technology, analytics and operations functions across the organisation.   5 September 2018

Insurance

Lockton launches capital markets unit

Broker Lockton has launched a new investment banking and capital markets operation in New York and has appointed Vishal Jhaveri as its CEO.   5 September 2018

Insurance

Lloyd’s seeks Asia IP insurance expansion through Singapore deal

Lloyd’s Asia has signed a memorandum of understanding (MoU) with the Intellectual Property Office of Singapore (IPOS) to expand the portfolio for intellectual property (IP) insurance products.   5 September 2018

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