everest logo

Everest Re shares fall after $250mn reserve charge

2018-07-20T14:10:00+01:00

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.

Lloyd's, City of London

Beazley shares fall as profits hit by reserve charge

2018-07-20T07:31:00+01:00

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.

Mapfre

Mapfre restructures and shrinks global risk business MGR

2018-07-20T11:30:00+01:00

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.

Dublin

Guy Carp hires Willis Re’s structured risk specialist Carroll

2018-07-20T11:08:00+01:00

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.

Andrew Horton Beazley

Lloyd’s crackdown proves an opportunity for Beazley: Horton

2018-07-20T10:58:00+01:00

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. 

Lloyd's, City of London

Beazley shares fall as profits hit by reserve charge

2018-07-20T07:31:00+01:00

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.

Mapfre

Mapfre restructures and shrinks global risk business MGR

2018-07-20T11:30:00+01:00

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.

Dublin

Guy Carp hires Willis Re’s structured risk specialist Carroll

2018-07-20T11:08:00+01:00

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.

Andrew Horton Beazley

Lloyd’s crackdown proves an opportunity for Beazley: Horton

2018-07-20T10:58:00+01:00

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. 

ILS financial markets

It’s more than just price pushing insureds to capital markets

A group of senior risk managers and insurance buyers have threatened to leave traditional insurance markets if the available coverage does not adapt to reflect changes in how businesses operate.

lloyds-runners-and-riders-adjust

The 18 frontrunners to replace Inga Beale

Following the announcement on Friday that Lloyd’s CEO Inga Beale will leave the Corporation later this year, re-Insurance.com looks at the likely candidates that will be considered by the Corporation’s chairman Bruce Carnegie-Brown to succeed her…

largest insured cyber events

Merck $275mn loss tops league table of insured cyber events

Re-Insurance.com’s revelation earlier this week that Merck may still look to recoup hundreds of millions of dollars of cyber losses from insurers on its $1.75bn property program would see the bill for the US pharmaceutical firm’s NotPetya hit dwarf any other insured cyber loss.

ILS financial markets

It’s more than just price pushing insureds to capital markets

A group of senior risk managers and insurance buyers have threatened to leave traditional insurance markets if the available coverage does not adapt to reflect changes in how businesses operate.

lloyds-runners-and-riders-adjust

The 18 frontrunners to replace Inga Beale

Following the announcement on Friday that Lloyd’s CEO Inga Beale will leave the Corporation later this year, re-Insurance.com looks at the likely candidates that will be considered by the Corporation’s chairman Bruce Carnegie-Brown to succeed her…

largest insured cyber events

Merck $275mn loss tops league table of insured cyber events

Re-Insurance.com’s revelation earlier this week that Merck may still look to recoup hundreds of millions of dollars of cyber losses from insurers on its $1.75bn property program would see the bill for the US pharmaceutical firm’s NotPetya hit dwarf any other insured cyber loss.



Florida-Legal-servicesv2.20.07.18

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.

JohnHancockBW

Lloyd’s Hancock matches words with actions in get-tough approach

When re-Insurance.com revealed on 6 June that Lloyd’s franchise performance director Jon Hancock had threatened under-performing syndicates that they would be closed down if their performance did not improve, some executives were privately sceptical whether the tough rhetoric would be matched by firm action.

Lloyd's

Does Lloyd’s need another chairman?

It’s a rhetorical question. It doesn’t, as Bruce Carnegie-Brown only took the reins last year and is delivering on one of the key functions of any chairman which is to patiently take the soundings of an organisation’s stakeholders and find the right executive team to deliver a strategy and a ...

Florida-Legal-servicesv2.20.07.18

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.

JohnHancockBW

Lloyd’s Hancock matches words with actions in get-tough approach

When re-Insurance.com revealed on 6 June that Lloyd’s franchise performance director Jon Hancock had threatened under-performing syndicates that they would be closed down if their performance did not improve, some executives were privately sceptical whether the tough rhetoric would be matched by firm action.

Lloyd's

Does Lloyd’s need another chairman?

It’s a rhetorical question. It doesn’t, as Bruce Carnegie-Brown only took the reins last year and is delivering on one of the key functions of any chairman which is to patiently take the soundings of an organisation’s stakeholders and find the right executive team to deliver a strategy and a ...