Insurers under the government-backed Pool Re scheme will cover business interruption losses in cases of a terror attack.
Beazley saw profits fall 55% last year owing to the continuing affect of natural catastrophe claims on underwriting margins.
Mapfre has appointed Chris Smith to the newly-created position of chief global brokers officer.
Tom Foster started in insurance straight from further education and has already risen to senior reinsurance technician at Ambant.
With the takeover of Ed, BGC president Shaun Lynn believes he now has the person in its CEO Steve Hearn to help it realise its insurance ambitions. The pair spoke to Jonathan Swift about how an investment in technology, talent, globalisation and a finely…
The Jersey Mutual Insurance Society is being investigated after ‘historic accounting activities’ were uncovered.
The losses from the continuing 8 November California wildfires are expected to reach record levels, according to ratings agencies.
Swiss Re UK & Ireland CEO Frank O’Neill is leaving the business to pursue another opportunity.
Markel is to buy the world’s largest manager of insurance-linked securities, Nephila Holdings.
Lloyd’s chief commercial officer, Vincent Vandendael, is to leave the Corporation after almost six years, moving to Everest Insurance as CEO of International Insurance in early 2019.
We have all experienced that heart-stopping moment when our phone rings and our eyes are greeted with the dreaded: "No caller ID."
TransRe, the reinsurance arm of Transatlantic Holdings has acquired the exclusive renewal rights to all of Maiden Re's US treaty reinsurance underwriting business.
The Central Bank of Ireland has fined two Dublin-based subsidiaries of Partner Re €1.54m (£1.35m) for breaches of the European Union regulation on solvency requirements.
The CEO of Hannover Re, Ulrich Wallin, is to step down and retire from the reinsurance giant in 2019 and will be replaced by Swiss Re’s Jean-Jacques Henchoz.
Some 80% of Lloyd’s managing agents would like to see insurance-linked securities become a permanent fixture in the reinsurance and insurance market.
Brit’s pre-tax profit nose-dived 87.5% in the first six months of 2018 on the back of poor investment returns.
Hiscox saw pre-tax profit climb 27% to $164m (£125m) in the first half of 2018, with the insurer’s retail arm contributing more than half of that figure.
BLM has named Damian Cleary as head of London market and Gavin Coull as head of reinsurance as the law firm targets growth in Lloyd’s.
Holidaying in North Korea isn’t most people’s idea of the dream summer break, but the kite surfing, Caterham racing CEO of Hiscox, Bronek Masojada, sees it as just another part of living life in the fast lane, as he explains to Ryan Hewlett
Exclusive: Hiscox CEO Bronek Masojoda cast doubt on the UK regulator's ability to make good on its promise to create a flexible framework for ILS business in London.
Parametrics, a specialised form of reinsurance or insurance used mainly in catastrophe bonds, could become more mainstream as risk managers seek to overcome some of the limitations of traditional insurance, according to a survey.
Scor has become the first reinsurer to use the new UK ILS regime to issue a catastrophe bond.
The UK specialty insurance market suffered the costliest year on record in 2017 as natural catastrophe activity took its toll on underwriting performance.
Aon has named Andrew Marcell as CEO of Reinsurance Solutions.