News

Insurance

Lloyd’s Lab selects 10 tech teams to help transform the market

Lloyd’s Lab, the global insurance market’s new innovation accelerator, has opened its doors following a global search for technology talent that drew more than 200 applications from 36 countries.   4 September 2018

Insurance

Cat lines boost growth in China but also mean volatility: S&P

China's reinsurers are investing in technology and systems to support a rapid expansion of nonmotor and, in particular, catastrophe insurance in the country. These business lines will help sustain growth, although they could expose the sector to more profit volatility.   4 September 2018

Insurance

Guy Carp poaches MD from Willis Re to fill strategy role

Guy Carpenter has hired a new head of strategy and client engagement within its international and global specialties divisions, with effect from October.   4 September 2018

Insurance

Turner assumes RSA Luxembourg leadership; looks to hire more in Europe

RSA Insurance Group's new European office in Luxembourg will be led by Richard Turner who previously oversaw the company's EU business from the UK, and has relocated to take up the role.   4 September 2018

Insurance

Ed hires pair of actuaries from Argo and AmTrust

Broker Ed has hired a pair of experienced actuaries from Argo Group and AmTrust, respectively.   4 September 2018

Alternative Risk Transfer

R&Q completes loss portfolio deal for US RRG

Randall & Quilter Investment Holdings (R&Q) has completed a deal to reinsurer a portfolio of commercial auto liability risks for a US risk retention group (RRG).   4 September 2018

Insurance

JLT Re appoints head of cyber analytics

Reinsurance broker JLT Re has appointed a head of cyber analytics. Jamie Pocock joined JLT in 2010 and has been a member of the JLT Re Analytics Actuarial team.   4 September 2018

Insurance

Waiting for a $250bn industry loss

A $250 billion industry loss may be needed to turn the market after a combination of hurricanes, earthquakes and wildfires costing the insurance industry over $140 billion in 2017 resulted in only moderate rate increases, according to broker JLT.   3 September 2018

News

Munich Re Specialty taps Aspen, XL Catlin to lead Americas underwriting

Munich Re Specialty Group (MRSG) of London has added former Aspen and XL Catlin executives to lead its underwriting team.   31 August 2018

Alternative Risk Transfer

Cyber: putting the ‘year in the middle’ to good use

Cyber is developing steadily: the ILS market has the potential to solve many of its challenges and Bermuda could sit at the heart of that solution. Tom Johansmeyer of PCS, Verisk Insurance Solutions, takes a look at a neglected period of time for the market.   30 August 2018

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