News

Insurance

BILTIR membership grew by 11% in 2019

BILTIR member companies employ 540 people on the island.   19 December 2019

Insurance

Canopius bolsters political risk unit with underwriter hire from Acapella Syndicate

She joins Canopius’s dedicated Trade Political Risk unit, which was created in October.   19 December 2019

Insurance

Global catastrophes caused $56bn insured losses in 2019 - Swiss Re Institute

Global insured losses are down from $93 billion in 2018.   19 December 2019

Insurance

Ascot hires senior vice president, head of management liability from Liberty

New group will target wholesale distribution channel within the commercial and FI lines.   19 December 2019

Insurance

Bank of England consults on climate risk stress testing proposals

The Biennial Exploratory Scenario (BES) exercise will size these future risks.   19 December 2019

Insurance

Risk of a prolonged low yield environment is key challenge for European insurers

Emerging cyber and climate change related risks continue to demand attention.   19 December 2019

Insurance

Volume of EOI applications poses challenge for underwriters

Full-time underwriters handle over 6,100 EOI applications per year.   19 December 2019

Insurance

Starr Insurance hires Swiss Re exec to build new aviation unit

The operation will write aerospace and general aviation business across Central Europe.   19 December 2019

Insurance

MS Amlin confirms exit from domestic UK P&C classes

Product lines include corporate property, real estate, casualty and package binders.   19 December 2019

Insurance

General insurers’ profitability set to be challenged in 2020

Insurers must focus on meaningful digital transformation.   19 December 2019

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