Aviation
MS Amlin to withdraw from nine lines of business
MS Amlin is to withdraw from nine lines of business that “no longer form part of its future strategic direction” as part of a wider restructure following an underwriting review.
AIG's Anthony Baldwin on the evolution of the London market
2019 has been a year of changes in the London Market. The Decile 10 review at Lloyd’s in 2018 was the most high-profile example of insurance businesses reviewing their operations
US commercial drone insurtech partners with Chaucer in UK expansion
US on-demand commercial drone insurtech Skywatch AI has expanded into the UK, where its policies will be underwritten by specialty reinsurer Chaucer.
BGC recruits Willis' Smaje to head aerospace brokerage
BGC has appointed Philip Smaje as CEO of its global aviation and space reinsurance brokerage.
Interview: Paul Greensmith, Axa XL
Having been through one merger already Axa XL’s UK CEO Paul Greensmith, took the most recent change in his stride. But he explains to Jen Frost that, even though his part of the business is now part of the behemoth Axa, it will retain its agility,…
Airmic Conference 2019 Q&A: Manan Sagar, Fujitsu
Ahead of the Association of Insurance and Risk Managers conference, Jonathan Swift caught up with Fujitsu chief technology officer Manan Sagar to talk about the future of risk management and the role of technology in that evolution.
Swiss Re confirms exposure to Ethiopian Airlines crash
Swiss Re has confirmed it is a co-insurer of both Boeing and Ethiopian Airlines.
Chubb lead insurer in Ethiopian Airlines crash: reports
Chubb is reportedly the lead insurer for Ethiopian Airlines, the airline which saw a tragic plane crash yesterday in which 157 people died.
I work in insurance: Simon Norton, risk consultant, Aviva
In order to carry out his risk consultant role at Aviva Simon Norton has had to gain a license to fly drones.
Analysis: Will BA data breach open floodgates for future data group actions?
The British Airways data breach is the first major case since the General Data Protection Regulation became law. With the firm facing group legal action and the Information Commissioner’s Office testing its teeth for the first time, what might this mean…
Nexus acquires Hiscox Global Flying
Nexus-owned Millstream Underwriting has acquired aviation insurer, Hiscox Global Flying.
Ex-Validus director of strategy John Hendrickson appointed Starstone CEO
Global specialty insurer, Starstone have announced that they have appointed John Hendrickson as group CEO.
Cincinnati acquires Lloyd’s syndicate from Munich Re
Cincinnati Financial has reached an agreement to acquire Munich Re subsidiary MSP Underwriting for £102m – a deal that we see them enter the Lloyd’s market for the first time.
Docu-Video: The future of drone regulation
Kennedys experts from around the globe discuss the future of drone regulation
Top 30 European insurers 2018: A year of steady growth for insurers
Overall, top-line growth for the 30 largest European insurers has been steady, reflecting the underlying economic conditions throughout Europe, explain Tim Prince and Yvette Essen, director of analytics and director of research at AM Best
Allianz's Stephanie Smith: Insurance needs to be louder and prouder
Insurance makes the world go round and Stephanie Smith, chief operating officer at Allianz, says the industry should be prouder of its daily accomplishments.
This Week in Post: cars and courts
As Britain is basking in glorious summer, the sun is also shining on the motor insurance market.
Blog: Costs of aviation claims rocketing as technology taking off
Aviation claims costs are rising, fuelled by expensive technology repairs, explains John Bayley, regional director for Europe and Russia at McLarens Aviation.
Lancashire profit jumps 48% in Q1
Property and casualty insurer Lancashire Holdings saw a 48% jump in pre-tax profit for the first-quarter.
Lloyd’s launches Casablanca office
Lloyd's has opened an office in Morocco’s Casablanca Finance City as the market targets growth in North Africa.
McLarens Aviation targets European expansion with German office
McLarens Aviation has launched a German office after recruiting a team of aviation adjusters in Frankfurt.
Interview: Romaney O'Malley, AIG
AIG head of UK regions Romaney O’Malley has been heading the group’s industrial segment since June 2016. She explains to Will Kirkman how the insurer is reshaping its approach to risk and fostering its female talent
Blog: Brexit could leave motor insurers without room for manoeuvre
British drivers who have a car accident in the European Union can currently seek redress through UK courts but Brexit could change that. Mark Hemsted, partner at Clyde & Co, lists the points to keep an eye on.
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.