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Markets

Outlook 2018: Five predictions for the London market in 2018

It's not all about rates. There are some more fundamental issues for the market to address. 

London Lloyds Technology

Specialty

Set Alert for Insurance Day Markets :: Specialty

Latest From Specialty

Aon launches pricing platform

New pricing platform enables re/insurers to develop 'tailored workflows' for underwriting all classes of commercial insurance and reinsurance business

Aon North America

Lloyd's gets tough on cyber war carve-backs

Corporation’s chief of markets, Patrick Tiernan, warns of the potential of capital loadings and downgrades for syndicates that fail to take appropriate action to segregate systemic risks from core cyber covers

Lloyds Specialty

Insurwave hires Piiq co-founder Costin

Blockchain platform swoops on industry veteran Mark Costin as it looks to expand aviation sector business 

London Specialty

Sompo hires Axa XL's Huber to drive European specialty growth

Bermuda-based re/insurer appoints René Huber as head of marine and specialty insurance for continental Europe

Europe Sompo International

RenRe leads Bermudians on underlying performance

Kevin O’Donnell-led carrier reports attritional combined ratio of 79.5% for the three months to the end of March

Bermuda Everest Re

Chaucer CEO Fowle to step down

Chief financial officer Rob Callan named interim chief executive until a successor is appointed

London Chaucer
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Reinsurance

Set Alert for Insurance Day Markets :: Reinsurance

McGill names Aon's Stubbings as partner in Bermuda

Boutique brokers hires former Aon Global ReSpecialty chief executive Peter Stubbings 

Bermuda Reinsurance

Guy Carpenter proposes new climate resilience bond

Climate Resilient Development bond seeks to facilitate financial resilience and loss prevention in relation to climate-related weather risks

Guy Carpenter / Marsh Climate change

Aon launches pricing platform

New pricing platform enables re/insurers to develop 'tailored workflows' for underwriting all classes of commercial insurance and reinsurance business

Aon North America

Sure and SageSure complete $100m second-event catastrophe bond

Upsized Gateway Re deal provides reinsurance coverage for second and subsequent catastrophic events during the 2023 Atlantic hurricane season

North America Reinsurance

RenRe leads Bermudians on underlying performance

Kevin O’Donnell-led carrier reports attritional combined ratio of 79.5% for the three months to the end of March

Bermuda Everest Re

Axa reshuffles leadership team for next strategic plan

French giant unveils string of management changes, including Axa XL Re chief executive, Nancy Bewlay, named group chief underwriting officer

Axa Europe
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Property, Casualty & Legacy

Set Alert for Insurance Day Markets :: Property, Casualty and Legacy

Marco Capital closes acquisition of legacy Navigators business

Legacy specialist completes acquisition of Navigators International Insurance 

Hartford Financial Europe

Louisiana incentive programme cuts 50,000 policies from Citizens' book

State lawmakers appropriated $45m in funds for the Louisiana Incentive Programme to match commitments from participating private insurers

United States Property

Pure names Leitch as chief executive

Former GenRe chief underwriting officer succeeds Buchmueller at helm of high-net-worth specialist

North America Property

Legal Focus: FOS increases its reach in insurance disputes

The role of the Financial Ombudsman Service in employers’ and public liability claims examined

United Kingdom Casualty

Legal Focus: Covid-19 coverage dispute highlights importance of early decision-making

Strategic decisions made early in a case, including in which forum to file, can influence case-dispositive issues such as the law applied by the court

North America Legal focus

Markel names Pollaro as lead professional liability underwriter

Sal Pollaro succeeds Jim Gray, who retired last month

North America Markel
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