Axa XL
XL adds fine art and specie to suite of Shariah compliant products
XL Group has extended its support for Shariah compliant managing general agency, Cobalt Underwriting, by adding fine art & specie coverage to its suite of products. The insurer already provides cover for property, construction and financial lines.
Octo MD hails Insure the Box partnership extension
Octo Telematics hopes to capitalise on the broadening pool of telematics users, following the extension of its partnership with Insure the Box, according to managing director Martin Williams.
Catlin replaces RSA as Touchstone capacity provider
Seventeen Group subsidiary Touchstone Underwriting is replacing RSA with Catlin on its list of capacity providers.
C-Suite - Insurer: School's out for summer
Internships offer multiple benefits for both intern and employer – the industry must embrace them
Entry opportunities available as reinsurance market continues to soften
A softening reinsurance market is expected to continue to impact the reinsurance and Lloyd’s subsectors in 2015, according to a note published by Berenberg, which states that previous underperformance presents opportunities.
Telematics M&As tipped to hit peak as Admiral mulls Insure the Box purchase
Rumoured deal follows those involving Wunelli and Ingenie in recent months.
Market Moves - 21/28 August 2014
All the latest job moves in the insurance market.
Post Blog: Five reasons why Admiral and Insure the Box make good bed fellows
Earlier this week Postonline revealed Admiral was weighing up a bid for the UK’s leading telematics player Insure the Box.
Catlin moves McMellin from US to lead London underwriting hub
Catlin US underwriting hub chief executive Andrew McMellin is to return to the UK to take on the same role for the insurer's London division.
Arag to provide legal expenses cover for Insure the Box policyholders
Legal expenses insurer Arag has formed a partnership with telematics specialist Insure the Box that will see it provide legal cover for around 250 000 of the insurer’s policyholders.
Catlin's profits climb 118% in first half
Catlin recorded profit before tax of $318m in the first half of 2014.
XL's Sharp moves to Asia as food scandals rock global brands
Ben Sharp, a product recall underwriter at insurer XL, has relocated to Singapore from London as appetite for the product increases.
Catlin provides capacity for Rural's revamped farm cover
Agricultural specialist Rural Insurance has re-designed its farm combined product in collaboration with new capacity provider Catlin Insurance Company.
XL Group extends Shariah compliant capacity to financial lines
XL Group has extended its Shariah compliant capacity to financial lines products across financial institutions, professional indemnity and management liability.
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.