News
Insurance
After a busy 2015, when a flurry of M&A transformed the business, Willis Re’s global chief executive John Cavanagh is comfortable coming back above the parapet and extolling the virtues of growth despite numerous headwinds. Intelligent Insurer reports. 7 September 2016
Insurance
Buyers are king during the renewals season—and especially at the Monte Carlo Rendez-Vous. Intelligent Insurer speaks to two of the biggest about their evolving programmes and expectations in a landscape that is changing. 7 September 2016
Alternative Risk Transfer
Just weeks into his new job, Moses Ojeisekhoba, the new CEO of the Reinsurance Business Unit at Swiss Re, is clear that for the industry to grow it must also become more relevant to society and work hard to close the so-called protection gap that is increasingly prevalent in the industry. Intelligent Insurer reports. 7 September 2016
Insurance
The global reinsurance market is facing unfavourable conditions from a wide range of headwinds, according to rating agency Standard & Poor’s. 7 September 2016
Insurance
Reinsurers’ profits in 2017 are expected to diminish as a result of both softening premiums and lower investments returns, according to Fitch Ratings, which has placed a negative outlook for the sector as a result. 7 September 2016
Insurance
Hub International Limited (Hub), an insurance broker, has acquired New Dimensions Underwriters. 6 September 2016
Insurance
London market insurers performed well in the first half of 2016 and entered the second half of the year with strong balance sheets. But recent good performance conceals fundamental challenges to the market’s competitive position and prospective profitability, AM Best has said in a report. 6 September 2016
Insurance
European Property Underwriting Limited (EPUL), a London-based commercial property managing general agent (MGA), has hired two underwriters and made several promotions. 6 September 2016
Insurance
Chubb has launched a new range of marine insurance products in China. 5 September 2016
Insurance
Cathedral Underwriting, the Lloyd’s managing general agent of Lancashire Holdings, has appointed John Spence to the position of active underwriter for Syndicate 3010, effective immediately, and Jon Barnes as the active underwriter for Syndicate 2010, effective early 2017. 2 September 2016
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