Archive for the ‘Insurance and Reinsurance’ Category

HFW Insurance Bulletin: March 2019 – Edition 1

HFW Insurance Bulletin: March 2019 – Edition 1
Costas Frangeskides, Partner, Holman Fenwick Willan LLP HFW Insurance Bulletin: March 2019 – Edition 1 In this issue: Regulation and legislation; Court cases and arbitration; Market Developments; HFW publications and events. 1. Regulation and legislation France: Towards increased regulation of...
March 7th, 2019 | Insurance and Reinsurance, News | Read More

Bermuda life insurance sector marks 2018 growth

Bermuda life insurance sector marks 2018 growth
Members of BILTIR and the BDA joinedPremier Burt and Ministers Dickinson and Cainesfor a lunch hosted by the government this monthto discuss the long-term sector’s growth Hamilton, Bermuda, February 12, 2019 – Bermuda’s long-term insurance and reinsurance industry is marking a banner...
February 12th, 2019 | Events, Insurance and Reinsurance | Read More

IUA calls for new laws on driverless cars

IUA calls for new laws on driverless cars
Chris Jones People using driverless cars should still not take their eyes off the road, if they could be expected to take over the vehicle at short notice in an emergency, the International Underwriting Association (IUA) has stated. Unless a vehicle is highly automated users should be banned from performing...
February 12th, 2019 | Automobiles, Insurance and Reinsurance, IUA | Read More

HFW Insurance Bulletin: February 2019 – Edition 1

HFW Insurance Bulletin: February 2019 – Edition 1
Costas Frangeskides, Partner Holman Fenwick Willan LLP HFW Insurance Bulletin: February 2019 – Edition 1 In this issue: Regulation and legislation; Court cases and arbitration; Market Developments; HFW publications and events. 1. Regulation and legislation UK: Agreement between UK and Switzerland...
February 11th, 2019 | Arbiitration, Communication, Insurance and Reinsurance, Legal, Marine Insurance, Regulatory, Reports | Read More

IUA sets out priorities for London Company Market in 2019

IUA sets out priorities for London Company Market in 2019
Dave Matcham The publication of a major official report on the wholesale insurance market is just one of several regulatory issues expected to dominate the International Underwriting Association’s agenda in 2019. The body, which represents the London company market, has issued its annual business plan...
January 28th, 2019 | Associations, Insurance and Reinsurance, IUA, Marine Insurance, Reports, Sanctions | Read More

HFW: Insurance Bulletin – January 2019

HFW: Insurance Bulletin – January 2019
Costas Frangeskides, Partner, Holman Fenwick Willan LLP In this issue: Court cases and arbitration; Market Developments 1. Court cases and arbitration England & Wales: Making sense of jurisdiction clauses 2. Market developments UK: Pool Re withdraws terror attack event cover Andrew Bandurka Should...
January 25th, 2019 | Arbiitration, Insurance and Reinsurance, Legal | Read More

Bermuda raising profile of life & annuity insurance sector

Bermuda raising profile of life & annuity insurance sector
Jereme Ramsay Hamilton, Bermuda, January, 2019 – The Bermuda Business Development Agency (BDA) is partnering with the island’s fast-growing life and annuity re/insurance sector to promote a strong presence at the industry’s largest US conference this spring. For the first time,...
January 21st, 2019 | Associations, Events, Conferences,Forums and Symposiums, Insurance and Reinsurance, Marine Insurance | Read More

North is the first UK P&I Club to confirm post-Brexit trading arrangements

North is the first UK P&I Club to confirm post-Brexit trading arrangements
Paul Jennings, Chief Executive Officer, North P&I Club January 18, 2018 – North P&I, one of the world’s leading providers of marine insurance, today confirmed that its subsidiary in Ireland, North of England P&I DAC, has received authorisation as a non-life insurance business from...
January 18th, 2019 | Company Profiles, Insurance and Reinsurance, Marine Insurance, Markets, News, P and I Clubs, Person Profiles | Read More

New IUA appointment to review central processing services

New IUA appointment to review central processing services
Peter Sammons The International Underwriting Association (IUA) has appointed a consultant to help its member companies make the most of their use of central London Market processing services. A review of service levels will be conducted and the full range of end-end-end business processes analysed, including...
January 17th, 2019 | Associations, Company Profiles, Insurance and Reinsurance, IUA, Marine Insurance, Person Profiles | Read More

AFL’s USA subsidiary Zodiac fills insurance gap with new D&O cover

AFL’s USA subsidiary Zodiac fills insurance gap with new D&O cover
Zodiac president David Wash London, 11 January, 2019: Lloyd’s broker AFL Insurance Brokers Ltd (AFL) is delighted to announce that its independent USA managing general agent subsidiary Zodiac Insurance Services, LLC. (Zodiac) has launched innovative new Directors and Officers (D&O) capacity for...
January 11th, 2019 | Company Profiles, Insurance and Reinsurance, Marine Insurance, Person Profiles | Read More

Top 10 Bermuda market highlights 2018

Top 10 Bermuda market highlights 2018
Innovation The Bermuda market differentiated itself more than ever through pioneering legislation and aggressive business development this year. The proactive trailblazing boosted our competitive advantage and laid the foundation for a new industry, fintech, earning monikers like “Innovation...
December 21st, 2018 | Associations, Banking, Events, Conferences,Forums and Symposiums, Finance, Insurance and Reinsurance, Marine Insurance, Reports | Read More

HFW: Insurance Bulletin – December 2018

HFW: Insurance Bulletin – December 2018
Costas Frangeskides, Partner, Holman Fenwick Willan LLP In this issue: Regulation and legislation; Court cases and arbitration; HFW publications and events 1. Regulation and Legislation UK: The FCA’s Brexit Impact Assessment UK: Covered Agreement announced between the UK and the US EU: EIOPA consults...
December 19th, 2018 | Communication, Insurance and Reinsurance, Marine Insurance, News | Read More

Duck Creek Technologies Noted in 2018 Gartner Magic Quadrant Report for Non-Life Insurance Platforms, Europe

Duck Creek Technologies Noted in 2018 Gartner Magic Quadrant Report for Non-Life Insurance Platforms, Europe
Bart Patrick London, UK, 4/12/2018 – Duck Creek Technologies Europe (DCTE) is delighted to announce that its parent company, Duck Creek Technologies, has been positioned as a Leader in the 2018 Gartner “Magic Quadrant for Non-life Insurance Platforms, Europe”. Headquartered in Boston, USA, Duck...
December 4th, 2018 | Company Profiles, Insurance and Reinsurance, Marine Insurance | Read More

Disaster Preparedness

Disaster Preparedness
Irene K. Notias and Theodore Chouliaras Project Connect and The Institute of Maritime Educational Studies, (IMES) present:  “NEVER FORGET” A seminar on disaster preparedness for children ages 9 to 99 that raises awareness that to act proactively saves lives! The training seminar on the prevention...
December 1st, 2018 | Charity, Earthquakes, Tsunamis, Cyclones and Typhoons, Education and Training, Emissions, Environment, Events, Conferences,Forums and Symposiums, Insurance and Reinsurance, Pollution | Read More

Ageas Insurance Chooses Duck Creek Claims and Policy For Portuguese Business

Ageas Insurance Chooses Duck Creek Claims and Policy For Portuguese Business
Bart Patrick Duck Creek Technologies announced today that the Portuguese business unit of Ageas (Ageas Seguros), a top insurer in Europe and Asia, has selected Duck Creek Claims and Duck Creek Policy as its platform for transformation to streamline operations and offer superior service to customers in...
November 29th, 2018 | Insurance and Reinsurance | Read More

AFL Sud America launches in Argentina

AFL Sud America launches in Argentina
Guillermo Pastore Independent Lloyd’s broker AFL Insurance Brokers Ltd (AFL) is delighted to today announce the launch of AFL Sud America LLC (AFL Sud America), as part of a joint venture with Special Division Reinsurance Brokers (Special Division), one of the largest reinsurance brokers in South America. Headquartered...
November 28th, 2018 | Company Profiles, Insurance and Reinsurance, Marine Insurance, Person Profiles | Read More

The BDI@1,339: The roulette wheel keeps turning. It all depends on what day of the week you fix

The BDI@1,339: The roulette wheel keeps turning. It all depends on what day of the week you fix
John Faraclas The BDI@1,339: The roulette wheel keeps turning. It all depends on what day of the week you fix. Just compare to only 5 days ago (22/11) and see what you get out of this. The BCI has exactly doubled whilst Handies and Supras are completely flat; all the Capes heading to China. Geopolitics...
November 27th, 2018 | Associations, Classification Societies, Insight, Insurance and Reinsurance, IUA, Marine Insurance, Markets, News, Reports, Technical, Technology | Read More

HFW: Insurance Bulletin – November 2018

HFW: Insurance Bulletin – November 2018
Costas FrangeskidesPartnerHolman Fenwick Willan LLP In this issue: Regulation and legislation; Court cases and arbitration; HFW publications and events 1. Regulation and Legislation UK: Unfair pricing practices? FCA launches market study into the retail home and motor markets 2. Court cases and arbitration England...
November 27th, 2018 | Communication, Insight, Insurance and Reinsurance, Legal, Marine Insurance | Read More

London launches Sharia principles as market looks to Islamic opportunities

London launches Sharia principles as market looks to Islamic opportunities
Max Taylor The London market has taken a significant step forward in its plans to deliver Sharia-compliant capacity for Islamic commercial risks with the Islamic Insurance Association of London (IIAL) launching a set of Guiding Principles for the provision of Sharia-insurance. The principles, will be...
November 27th, 2018 | Events, Conferences,Forums and Symposiums, Insurance and Reinsurance, IUA, Marine Insurance | Read More

Lord Chris Holmes & AIG’s Duperreault join Bermuda industry events in London

Lord Chris Holmes & AIG’s Duperreault join Bermuda industry events in London
Fireside chat guests with Bermuda’s Premier at next week’s industry events in London: Lord (Chris) Holmes of Richmond MBE and American International Group President & CEO Brian Duperreault Hamilton, Bermuda, November 23, 2018 – The UK’s Chris Holmes, Lord of Richmond MBE,...
November 23rd, 2018 | Events, Conferences,Forums and Symposiums, Insurance and Reinsurance, Marine Insurance, Markets, Trade and Commerce | Read More

Comment: The withdrawal agreement and the impact on the insurance industry

Comment: The withdrawal agreement and the impact on the insurance industry
Bob Haken Norton Rose Fulbright insurance partner Bob Haken commented: “What the Political Declaration does say about financial services in general is that there will be commitments to “preserving financial stability, market integrity, investor protection and fair competition, while respecting the...
November 15th, 2018 | Comment, Insurance and Reinsurance, Legal, Marine Insurance | Read More

Global insurance and trade grapple with blockchain innovation

Global insurance and trade grapple with blockchain innovation
Prof Michael Mainelli. Global insurance and trade grapple with blockchain innovation By James Brewer Blockchain, a system that has seen substantial growth in 2018, holds out immense promise for mitigating business and financial risk, a conference in the heart of London’s insurance market heard. The...
November 15th, 2018 | Banking, Conferences, Seminars, Forums, Corruption, Finance, Insight, Insurance and Reinsurance, Marine Insurance, Maritime Fraud, Safety and Security, Shipfinance | Read More

ICRMC Bermuda brings out the top cyber experts – Register Today!

ICRMC Bermuda brings out the top cyber experts – Register Today!
Plan your trip to Bermuda in December and join global cyber leaders from Deloitte, Aon, Willis Towers Watson, AXA XL, Moody’s, AIG and more Take your place among a set of world-class cyber leaders including CISOs from Silicon Valley and Wall Street, global cyber leaders from insurance and industry,...
November 1st, 2018 | Associations, Events, Conferences,Forums and Symposiums, Insurance and Reinsurance, Marine Insurance | Read More

Insurance Briefing: Dalamd Limited v Butterworth Spengler Commercial Limited: Causation and Some Limited Relief for Brokers

Insurance Briefing: Dalamd Limited v Butterworth Spengler Commercial Limited: Causation and Some Limited Relief for Brokers
Christopher Foster, Partner HFW In Dalamd Limited v Butterworth Spengler Commercial Limited1, the Commercial Court looked at, among other things, causation issues arising in negligence claims against insurance brokers. Whilst the court found that the defendant had breached its duty to the claimant...
October 29th, 2018 | Insurance and Reinsurance, Legal | Read More

New London Market Human Resources Group launched

New London Market Human Resources Group launched
Louise Day A new London Market group for human resources professionals has been established by the International Underwriting Association. The move comes in response to a growing number of regulatory changes and initiatives across the insurance sector to boost education, training, talent recruitment...
October 24th, 2018 | HR, Insurance and Reinsurance, IUA | Read More