Energy
Analysis: Connected risks require joined-up thinking
Faced with events that cascade from one risk class to others, insurers need to review their underwriting strategies.
Profile: Oscar Treceno, IMIA
For six years, Oscar Treceno has juggled his day job as head of the engineering and energy department at Helvetia with the role of chairman of the International Association of Engineering Insurers. Post asked him about IMIA's role in today's market.
Sciemus to rebrand after securing investing partnership
Specialty Lloyd’s managing general agent Sciemus is set to rebrand after securing an investing partnership with HSCM Bermuda.
Analysis: Renewables - Riding out the storm
The risk landscape in renewable energy is constantly changing and underwriters need to exercise proper due diligence, argues Fraser McLachlan, CEO of Gcube Underwriting.
Axa's Tanguy Touffut on how Big Data is enabling parametric insurance
Big Data and satellite technology are enabling parametric insurance, explains Tanguy Touffut, CEO of Axa Global Parametrics.
QBE's Grant Clemence on moving CSR forward
Insurers must think more ambitiously about their corporate social responsibility, says QBE Foundation's chairman Grant Clemence
Munich Re launches cyber cover for oil and gas sector
In an industry first, Munich Re has launched insurance cover to help tackle cyber exposures posed to the independent upstream oil and gas sector.
Blog: A dozen UK and European insurtech start-ups to watch in 2017 and beyond – part one
Almost $1bn ($985m) was invested in insurtech in the second quarter of 2017.
Markel appoints Deepika Mathur to lead entry into Indian market
Markel International has appointed Deepika Mathur to lead its entry into the Indian market.
Sequel enters partnership with fintech underwriter
Software specialist, Sequel Business Solutions has entered long-term partnership with fintech underwriting company, Elseco.
Renewable energy surge results in new team for Cunningham Lindsey
Cunningham Lindsey has launched a team in response to greater demand for offshore renewable wind energy in the Netherlands.
Lancashire Holdings sees GWP fall in the first quarter
Lancashire Holdings saw a 22% drop in net operating profit in the first quarter of 2017, down to $25.2m (£19.56m) from $32.4m for the same period in the previous year.
Axis Insurance and RCG sign deal over renewables
Renewables Consulting Group has signed a consulting deal over renewable assets with Axis Insurance.
Liberty syndicate adds onshore energy & construction
Liberty Specialty Markets is to expand its syndicate business in Lloyd’s to include onshore energy and construction.
Broker Ed names Wakefield marine and energy reinsurance head
London market broker Ed has appointed Andy Wakefield as managing director of marine and energy reinsurance.
Pioneer launches renewable energy team
Pioneer has launched a renewable energy underwriting team led by Warren Diogo.
JLT Group reports 'resilient' performance in its interim results
JLT Group has reported a "resilient" performance of its risk and insurance businesses, in its interim results for 2016, despite pricing pressures in multiple markets caused by global economic uncertainty.
Hiscox to ‘shrink’ London Market business in response to rate pressure
Hiscox is “actively reducing” its aviation, marine and energy business in the London Market, in response to severe rate pressure.
Foister swaps Liberty for Markel energy in Singapore
Timothy Foister has left Liberty International to join Markel in Singapore.
Chubb's Keen promoted in Asia-Pacific
Global insurer Chubb has promoted Jason Keen to head of property and casualty for Asia-Pacific.
Oil price shocks could drive insurers out of energy sector
Cost-cutting in the energy market as oil prices fall could see insurers consider exiting the sector, according to Willis Towers Watson’s annual energy market review.
Three still missing after Didcot Power Station collapse
Emergency services are searching for three people after yesterday’s (23 February) partial collapse of the decommissioned Didcot A Power Station in south Oxfordshire.
Lloyd's extends broker sessions in Singapore
Lloyd's has extended its open trading sessions at its new Singapore hub in Capita Green.
South Korea pens $2bn financing deal with Iran
South Korea has agreed a $2bn (£1.4bn) contract with Iran for trade insurance financing.