Search | The Insurer TV

Capsicum takes Tysers trio to launch professional liability unit

News

Professional lines

Capsicum takes Tysers trio to launch professional liability unit

Broking house Capsicum has taken a three-strong professional liability team from London wholesaler Tysers.

Mon 23 Jul 2018

Brit replaces former Lloyd’s CEO as chairman

News

People Moves

Brit replaces former Lloyd’s CEO as chairman

Brit Insurance has replaced former Lloyd’s CEO Richard Ward as the non-executive chairman of its managing agency with London market veteran Tony Medniuk.

Mon 23 Jul 2018

News

Qatar Re closes its Singapore office

Qatar Re has continued to streamline its business after last year’s heavy losses with the closure of its Singapore branch office.

Mon 23 Jul 2018

News

Jewett launches machine learning pricing platform Soteris

Former Endurance Specialty president Bill Jewett is returning to the industry with the launch of a machine learning platform to predict insurers’ loss experience and give pricing analytics, re-Insurance.com can reveal.

Fri 20 Jul 2018

Everest Re shares fall after $250mn reserve charge

News

Results

Everest Re shares fall after $250mn reserve charge

Shares in Everest Re fell by more than 6 percent in early trading on the New York Stock Exchange after the Bermudian revealed it was under-reserved for last year’s hurricanes.

Fri 20 Jul 2018

Irma’s tail will lash more than just Everest Re

Comment

Losses

Irma’s tail will lash more than just Everest Re

Last month, an industry investor toured Florida and met the senior management of a number of listed Florida insurers.

Fri 20 Jul 2018

Mapfre restructures and shrinks global risk business MGR

News

Specialty

Mapfre restructures and shrinks global risk business MGR

Mapfre has reconfigured its global operations, with its commercial (re)insurance arm – Mapfre Global Risk (MGR) – largely being split up and transferred to other business units.

Fri 20 Jul 2018

Guy Carp hires Willis Re’s structured risk specialist Carroll

News

People Moves

Guy Carp hires Willis Re’s structured risk specialist Carroll

Structured reinsurance risk specialist Ronnie Carroll has resigned from Willis Re and will join rival Guy Carpenter once his notice period is complete, re-Insurance.com can reveal.

Fri 20 Jul 2018

Lloyd’s crackdown proves an opportunity for Beazley: Horton

News

Results

Lloyd’s crackdown proves an opportunity for Beazley: Horton

Lloyd’s focus on under-performing lines of business and serial loss-making syndicates yields an opportunity for Beazley, the London-listed carrier’s CEO Andrew Horton has said.

Fri 20 Jul 2018

Everest Re takes further $250mn hit from 2017 cats

News

Results

Everest Re takes further $250mn hit from 2017 cats

Shares in NYSE-listed Everest Re may come under selling pressure later today after the Bermudian reinsurer said it would take a $250mn after tax charge to bolster reserves from last year’s catastrophes.

Fri 20 Jul 2018

Beazley shares fall as profits hit by reserve charge

News

Results

Beazley shares fall as profits hit by reserve charge

Lloyd’s insurer Beazley has seen profits sink by 64 percent in the first half of the year as a reserve charge in its property division took a toll on the group’s bottom line.

Fri 20 Jul 2018