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The UK’s vote to leave the European Union will be the biggest event that 2016 will be remembered for with many market commentators citing the uncertainly it triggers as a big problem for the industry with a long and protracted negotiation process detailing the terms of exit proceeds. 29 December 2016
Insurance
PERILS has revealed its fourth and final loss estimate for the insured property market for UK floods linked to storms Eva and Frank in late December 2015 and other low pressure systems in early January 2016 is £504 million. 23 December 2016
Insurance
Insurer RSA has made two senior underwriting appointments within its Global Risk Solutions’ (GRS) UK operation. 23 December 2016
Insurance
While the UK vote to leave the EU has shocked London with its large internationally-oriented financial services sector, it also may create some opportunities for the insurance industry. 22 December 2016
Insurance
2016 has again been a benign year in terms of large catastrophe losses, but geopolitical developments have added new challenges to the sector. Intelligent Insurer asked executives from re/insurance firms including Swiss Re, Argo, AM Best and Willis Re for their opinions on the most important developments in the re/insurance industry in 2016. 21 December 2016
Insurance
Some of the pressures the re/insurance sector faced in 2016—low interest rates, uncertainties around Brexit and a soft market—are likely to persist in 2017. But some additional drivers are set to affect the performance of the sector, as described by executives from major players such as Markel, Swiss Re and Willis Re. 21 December 2016
Insurance
Acappella Group, the UK-based holding company funded by Willis and Ironshore, has appointed Liz Hanlon and Paul Russell to join its managing general agent (MGA) platform AAL. 20 December 2016
Insurance
Specialist re/insurance broker Miller has appointed Tiziano Migliorino as an executive associate with a broking and business production role in its professional lines capabilities, based in London. 16 December 2016
Insurance
Broker Willis Towers Watson has promoted Mary O'Connor to lead its client and business development function in the UK, and join the company’s board. 15 December 2016
Alternative Risk Transfer
Soft market pressures, a prolonged low interest rate environment, low barriers to ILS capital entering the sector, the digital economy, tepid GDP growth… Hiscox Re’s Bill Lazzaro argues that how we respond to the current challenges in the reinsurance sector will define our future. 15 December 2016
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