Articles by Ryan Hewlett
Guernsey-based Chinese insurance company established
Brilliant Reinsurance has become Guernsey’s first Chinese insurance company.
Sector must tackle rising escape of water claims, warns ABI
Tackling the rising costs of escape of water claims must be the “number one priority” for the domestic property insurance market, the Association of British Insurers has said.
Home premiums on the up as repair costs and fraud escalates
Home insurance premiums are soaring as rising inflation increases the cost of claims while fraud escalates, according to research findings.
Former Admiral pricing exec named CEO of US subsidiary
Alberto Schiavon has been named as CEO of the US direct to consumer insurer Elephant Insurance.
Allianz and Sri Ayudhya Capital join forces in Thailand
Allianz and Sri Ayudhya Capital will team up to expand the coverage of life and general insurance business across Thailand.
Driven Consortium backs Budget on autonomous vehicles
The Driven Consortium has welcomed government plans to slash regulation and boost financial support to aid the development of autonomous vehicles.
Allianz takes aim at underinsured SMEs
Allianz is launching a data initiative designed to reduce the number of SMEs that are underinsured.
Canopius signs admitted paper deal with State National
Canopius has signed an agreement with State National, enabling it to offer specified lines of insurance written on admitted paper across the United States.
Budget 2017: Live blog
The industry's reaction to the Budget statement 2017.
Haegeli named Swiss Re's chief economist
Jerome Jean Haegeli will become Swiss Re's group chief economist at the Swiss Re Institute.
Liberty promotes Beechey to global financial risks role
Liberty Specialty Markets has named Andrew Beechey as head of underwriting and strategic development for global financial risks.
H2 nat cats set to push up P&C pricing, says Swiss Re
Prices in non-life insurance and reinsurance are expected to increase as a result of the recent nat cat activity across the Atlantic, Swiss Re has said.
Carole Nash was ‘target consumer brand’ for Ardonagh, says Ross
Motorcycle broker Carole Nash was a longstanding acquisition target for Ardonagh, the group's CEO said
Ardonagh adjusted Ebitda up 19.7% in Q3
The Ardonagh Group posted adjusted Ebitda of £ 79.1m in the first nine months of 2017, a 19.7% rise year-on-year.
Nat cats could cost MS&AD $972m
MS Amlin owner MS&AD Insurance Group could see losses of over $972m (£734m) as a result of second quarter nat cat losses including hurricanes Harvey, Irma and Maria as well as earthquakes in Mexico.
Insurance firms 'should lower premiums for Tesla cars'
Insurers should lower premiums for Tesla cars owing to increased safety features built into the vehicles, analysts said.
Interview: Inga Beale, Chartered Insurance Institute
LIoyd’s CEO Inga Beale was elected the 121st president of the Chartered Insurance Institute at the body’s annual general meeting in July.
Amazon on a recruitment drive as it takes aim at UK insurance market
Internet-sales giant Amazon is currently recruiting insurance professionals in a bid to disrupt the insurance market in countries throughout Europe.
Generali Q3 profits tumble 9.9% on Dutch sale loss
Generali posted a 9.9% drop in nine-month profits due to a loss on the sale of its Dutch business
PRA outlines supervisory framework for ILS
The Prudential Regulation Authority has published final rules setting out how it will authorise and supervise insurance special purpose vehicles, which will be used to issue insurance linked securities in the UK.
Munich Re posts €1.4bn Q3 loss as nat cats weigh on results
Munich Re has posted a €1.4bn (£1.2bn) loss for the third quarter as the impact of natural catastrophes in the US and Caribbean take their toll on results.
JLT outlook remains confident as headwinds fail to hamper results
Insurance and reinsurance provider JLT does not expect the recent wave of natural disasters to affect its full year out-turn and believes it will deliver organic revenue growth for 2017.
Will the last of the Lloyd’s listed carriers be snapped up in the coming years?
The number of independent Lloyd’s listed carriers is dwindling. What will happen if the last players are swept up?
Insurers hit out at FSCS consultation
The Association of British Insurers has hit back at proposals from the Financial Conduct Authority that insurers contribute towards costs of intermediary failure under the Financial Services Compensation Scheme