All News articles – Page 229
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Hiscox launches new Bermuda sidecar
Kiskadee Re completed its first deals at the 1 June renewals
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Lloyd’s broker Chesterfield hires former RK Harrison exec
Catherine Murray to help grow broker’s North American business
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PERILS provides initial aggregated footprint for Europe floods
Images represent the maximum boundaries of the area flooded over the past three weeks
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Why regulation is hindering India’s insurance growth
Confederation of Indian Industry survey reveals regulatory and policy environment needs changing
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QBE launches aviation excess of loss product in Dubai
Product covers general aviation, airlines, ancillary aviation support services and aerospace products
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Joe Taranto to stay on as Everest chairman
Chief executive will remain with the firm for another three years after Addesso takes over his current role
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Specialty market poised for growth, says Guy Carpenter
Top challenge for the sector is maintenance of rate level, according to survey
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Ironshore hires Alterra’s Joe Roberts as finance chief
Move follows 11-year stint with Alterra
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Berkshire Specialty names Dan Fortin to lead professional lines
Fortin was previously senior vice president of CNA Specialty
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AM Best gives Lancashire a positive outlook
London Stock Exchange listing offers the group financial flexibility
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Argenta names Graham Allen chief financial officer
Allen and Ian Maguire are appointed to the board
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Moody’s warns European insurers over dwindling reserves
Little cushion left after seven consecutive years of reserve releases
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Analysis
European flood loss creep begins
Since the 2002 floods, protection has improved and insurers have introduced higher deductibles or withdrawn from providing cover in loss-prone areas
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AIR: German flooding to cost insurers up to €5.8bn
Economic losses will be ‘much higher’ says risk modelling firm
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XL Re appoints European casualty underwriting manager
Valérie Devaux-Piquer joins XL Group from Transatlantic Re
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Cat bond investor Pillar names new chief executive
Stephen Velotti to head Bermuda-based, Transatlantic-backed company