Lloyd’s/London
CNA Hardy appoints Middleton as CEO of Luxembourg hub
CNA Hardy has named Stuart Middleton as CEO of their Luxembourg subsidiary.
Blog: Driving efficiency and automation by breaking down data silos
Some underwriters are still reviewing data manually but Rodrigo DeCossio, UK insurance lead at Mark Logic, suggests 2018 might be the year to automate these processes and drive more efficiency in underwriting.
Beach snapped up by Acrisure
Acrisure is to acquire the independent reinsurance broker Beach & Associates.
US Reinsurance outlook remains negative, says AM Best
AM Best is maintaining a negative outlook for the US property and casualty reinsurance sector due to continued pressure on property catastrophe rates.
Munich Re covers Easyjet for flight cancellation
Munich Re and Easyjet have teamed up on a flight cancellation insurance product.
Fresh capital to make reinsurance rate rise short-lived
New capital entering the reinsurance sector will wash away any relief gained from rate rises at January renewals, Aon Benfield has said.
Axis to consolidate Lloyd’s business into Syndicate 1686
Axis Capital has initiated plans to consolidate its Lloyd’s business into Axis Syndicate 1686.
Cardinus CEO Andy Hawkes named IIRSM president
Cardinus Risk Management’s CEO Andy Hawkes has been elected president of International Institute of Risk and Safety Management.
Cat bond issuance reaches $10.5bn in 2017
Catastrophe bond activity set a new record last year with full-year 2017 cat bond issuance totalling $10.5bn (£7.75bn), according to Property Claim Services.
PCS to launch terrorism risk model
Property Claim Services is to launch a specialty lines loss aggregation solution for terror in the first quarter of 2018.
Beazley partners with Just Travel Cover on traveller terrorism fears
Beazley and Just Travel Cover have joined forces to cover travel disruption caused by an act of terrorism.
Preview of 2018: A sneak peek at the coming year
The promised whiplash and discount rate reforms, as well as the UK’s exit from the European Union, are expected to shape the coming year for the industry. Insurers, brokers, loss adjusters and lawyers are wary of political uncertainties and the trends in…
Neon launches UK’s first ILS vehicle
Lloyd’s carrier Neon has launched the first Insurance Linked Securities vehicle in the UK, NCM Re and raised third party capital to support the UK’s first ILS transaction.
John Nelson awarded CBE in honours list
Former Lloyd’s chairman John Nelson received an accolade in the Queen’s honours list.
Post Power List 2018
2018 is likely to be a year dominated by data regulation, more Brexit negotiations and further Ogden reform and, as such, the key influencers reflect this
Analysis: Does the Bluefin scandal signal a wider problem with brokers?
Last month, the Financial Conduct Authority fined Bluefin £4m for misleading customers over its independence from then-parent company Axa.
Post Power List 2018: Inga Beale
CEO, Lloyd's of London
Post Power List 2018: Dominic Burke
Group CEO, JLT
Post Power List 2018: Private equity investors
Private equity investors
Post Power List 2018: Nicolas Aubert
CEO, Willis Towers Watson
Post Power List 2018: Daniel Schreiber and Shai Wininger
CEOs, Lemonade
Post Power List 2018: Bubbling under - Andrew Horton
CEO, Beazley
Post Power List 2018: Richard Pryce
CEO, QBE European Operations
Post Power List 2018: David Margrett
CEO, Global Risk Partners