Insurance & Reinsurance

Willis Re Says More Capital Flowing into Reinsurance Funds

Total capital dedicated to the global reinsurance industry measured USD 559 billion at the half-year point of 2019. This is an 8% increase from a re-stated USD 518 billion at year-end 2018, with strong investment […]

Insurance & Reinsurance

Reinsurance: MNK Re Launches Residual Value Centre of Excellence

MNK Re Limited, a specialist Lloyd’s Broker headquartered in London, has announced the launch of a dedicated Residual Value Insurance (RVI) Centre of Excellence. Based in London, Robert Prince has joined MNK Re as Practice […]

Conference report

BIBA Membership: Be Wiser Joins Leading UK Broker Association

The British Insurance Brokers Association (BIBA) announced today that the awarding-winning broker Be Wiser has joined the organisation. The business based in Andover, is one of the UK’s best known insurance brokers and specialises in […]

Insurance & Reinsurance

London Market: New Face at LM TOM

The London Market Group (LMG) today announced that Paul Brady, Head of Policyholder & Third Party Oversight at Lloyd’s, is the new sponsor for the delegated authority workstream for the London Market Target Operating Model (LM TOM). […]

Insurance & Reinsurance

Brexit: Finance Sector Expects Another Extension, UK Likely to Remain

IE Comment: We keep saying it at Insurance Edge and time will prove us correct: Despite the Referendum and all the subsequent arguments, the UK will never leave the orbit of EU regulations, taxation arrangements, […]

Insurance & Reinsurance

Reinsurance: Pru Teams Up With Phoenix on Longevity Agreement

The Prudential Insurance Company of America (PICA), a subsidiary of Prudential Financial, Inc. (PFI), a financial services leader with more than $1 trillion in assets under management as of June 30, 2019, with operations in […]

Insurance & Reinsurance

Marathon Summer Holiday Car Journeys Are a Risky Business, Says RAC

With this weekend and next due to be the busiest all summer for drivers heading south through France for the holidays, new figures from RAC European Breakdown reveal just how long motorists are prepared to drive without […]

Insurance & Reinsurance

Marine: Hiscox Develops New Product to Combat Shipping Seizures by Nations

Hiscox, the specialist global insurer, has developed a new security product to help protect shipping targeted by nation states. Malicious Vessel Seizure will respond to a single peril of a ship taken by a foreign […]