Axa XL
Airmic 2014: Insurers must draw ‘intellectual horsepower’ from other trades says XL boss
Insurers must be prepared to build ties with other industries to better tackle emerging risks according to XL Group chief executive Mike McGavick.
Europe: Emerging markets supply chain risks
Increasing use of emerging markets as global suppliers could pose challenges for insurers
XL bolsters Asia fine art and specie underwriting arm
Paul Le Boutillier, a senior fine art and specie underwriter, is relocating from London to Singapore.
Airmic: Conference Speakers: Mike Hammond, Mark Well, Mike McGavick and Philipe Rocard
This year’s Airmic conference, held in Birmingham from 16 to 18 June, will see a record number of attendees descend on the UK’s second city. We caught up with some of the speakers to find out a bit more about them, what they thought this year’s talking…
Willis launches Shariah compliant real estate product
Willis has launched the UK's first Shariah compliant commercial real estate insurance solution.
Savage to leave Lloyd's for Standard Life
Lloyd's finance and operations director Luke Savage is departing after 10 years to take up the chief financial officer role at Standard Life.
Technology and urbanisation among risk megatrends, XL warns
Greater connectivity and technology are intensifying global risks and contributing to the world's current state of volatility, XL's Jacob Rosengarten told the European Insurance Forum today.
Catlin's GWP increased 9.3% in first quarter
Gross written premiums at insurer Catlin climbed 9.3% in the first quarter of 2014 to $2.01bn compared to $1.84bn in Q1 2013.
Geneva Association zeroing in on social value of insurance
The Geneva Association is conducting research on the social and economic value of insurance, according to its annual report.
Catlin replaces QBE as UK General commercial capacity provider
UK General has signed a three-year capacity arrangement with Catlin Group in a deal that will see QBE replaced as a capacity provider for the managing general agent.
C-Suite – Insurer: Never mind the silos
Collaboration within companies needs to take on a more punk attitude to provide innovation.
Market Moves - 10 April 2014
Who has moved where in the insurance industry this week.
Industry questions FCA’s decision to probe commercial claims handling
Regulator reveals more thematic reviews to be undertaken in 2014/2015
Enstar completes Torus acquisition
Enstar Group has completed the previously announced acquisition of global specialty insurer, Torus Insurance.
XL partners with risk specialists on K&R offering
XL Group’s crisis management team now offers cover for kidnap and ransom risks partnering with risk consultancy Terra Firma Risk Management.
QBE signs deal with Shariah-compliant underwriter
QBE is the second insurer to provide capacity to Shariah-compliant MGA Cobalt underwriting.
Interview: Jason Harris: Harris knows the drill
XL’s Jason Harris started his career on the oil rigs of the North Sea before moving into insurance via risk management. He explains the wide scope of his current role and the challenges facing the property and casualty market.
C-Suite Europe: Rise to the challenge and pull up a seat...
Risk departments in financial institutions are dramatically expanding and becoming increasingly embedded in the management of the business.
Liberty Mutual Europe denies Access BI connection
Liberty Mutual Insurance Europe has written to brokers denying any connection with underwriting agency Access BI, Post’s sister title Insurance Age has revealed.
Catlin to honour unapproved Access BI policies
Catlin is to honour insurance policies that were issued without approval by underwriting agency Access BI prior to an intervention from the Financial Conduct Authority.
Catlin to vote in two NEDs as Carnegie-Brown retires
Claus-Michael Dill and Beatrice Hollond are to stand for election as non-executive directors on the Catlin board as Bruce Carnegie-Brown is set to retire.
Solicitors’ Professional Indemnity: Whipping up a storm
With the Jackson reforms and the ‘Plebgate’ debacle presenting solicitors with a host of new challenges, what impact has this all had on the solicitor’s professional indemnity market?
Penny Black's Insurance Week - 13 February 2014
After insurers appeared on The Voice, we didn’t have to wait long for more industry representation on the small screen – but Penny isn’t sure anyone expected to see a London market member on ITV dating show Take Me Out.
Pre-tax profits at Catlin climb 27% in 2013
Catlin's pre-tax profits reached $432m in 2013 - up 27% from $339m the previous year.