Articles by Ryan Hewlett
Thatcham CEO Shaw steps down due to ill-health
Thatcham Research CEO Peter Shaw is stepping down from his role with immediate effect due to ill-health.
London market bosses to prioritise modernisation
Market modernisation, underwriting systems upgrades, and Brexit preparations are the top three 2018 priorities of Lloyd’s market chief operating officers, according to survey findings.
Das v Asplin: Defence begins to close its case
The defence has begun to close its arguments in the ongoing trial between Das UK and ex-CEO Paul Asplin and others.
Analysis: Social media is making virtual kidnap and ransom a reality
In a world where political volatility is rife and where an individual’s net worth and lifestyle are discoverable through a Google search or Instagram feed, kidnap for ransom has never been easier or more lucrative. As the threat to clients increases, so…
Hiscox CEO casts doubt on UK ILS framework
Exclusive: Hiscox CEO Bronek Masojoda cast doubt on the UK regulator's ability to make good on its promise to create a flexible framework for ILS business in London.
RSA outlines plans to transfer commercial EU business to Luxembourg
RSA's UK business will transfer all of its passported business for commercial customers to its recently approved post-Brexit hub in Luxembourg.
Commercial carriers must show their worth as sector fails to meet client demands says RSA
Commercial insurers must show clients how they can contribute to business growth as the sector fails to meet client demand, RSA’s head of global risk has said.
Parametric cover 'could go mainstream'
Parametrics, a specialised form of reinsurance or insurance used mainly in catastrophe bonds, could become more mainstream as risk managers seek to overcome some of the limitations of traditional insurance, according to a survey.
Commercial insurance must face up to tech challenges to stay relevant
The commercial insurance sector and its customers must face up to the realities of the fourth industrial revolution if it is to remain relevant in five and ten years’ time, Airmic CEO John Ludlow warned today.
This month in Post: lessons learned, space travel and why every insurer wants a time machine
Following the collapse of Danish insurer Alpha hundreds of black cab drivers were left unable to work and without any insurance cover. With little communication from the insurer the drivers took matters into their own hands and besieged the offices of a…
Ryan Specialty snaps up Lodestar Marine, announces equity investment
Ryan Specialty Group has completed the acquisition of Lodestar Marine.
Allianz worst hit European insurer by Q1 nat cats
First quarter natural catastrophe losses cost Allianz €311m, more than any other insurer.
Howden names José Manuel González as CEO
Hyperion-owned broker Howden has named José Manuel González as CEO of Howden Broking Group.
Scor issues first UK cat bond in vote of confidence for London ILS regime
Scor has become the first reinsurer to use the new UK ILS regime to issue a catastrophe bond.
Nat Cats push specialty market into costliest year on record
The UK specialty insurance market suffered the costliest year on record in 2017 as natural catastrophe activity took its toll on underwriting performance.
Marcell named Aon’s reinsurance head
Aon has named Andrew Marcell as CEO of Reinsurance Solutions.
Aviva completes €130m Friends First acquisition
Aviva Ireland has completed the acquisition of life insurer Friends First for €130m (£116m) after receiving regulatory approval from the Central Bank of Ireland.
Beazley’s specialty lines split a positive move, say analysts
Beazley is to split its specialty lines business from cyber and related lines, in a move welcomed by insurance analysts.
Wrisk raises £500,000 in latest crowdfunding venture
Insurtech start-up Wrisk has raised over £500,000 in two days of second round funding on equity crowdfunding platform Seedrs.
Castel targets European growth with Dutch office launch
Castel Underwriting Agencies has opened its first branch office in Amsterdam to support plans to expand its operations in Europe.
Allianz takes 8% stake in Africa Re
Allianz is to take an 8% stake in Africa’s leading reinsurer Africa Re.
Berkshire becomes third-largest reinsurer on back of AIG deal
Warren Buffett’s Berkshire Hathaway became the world's third-largest reinsurer in 2017, ending European dominance over the top four.
Insurers slam EU motor proposals incorporating Vnuk ruling
The UK insurance sector has criticised proposed changes to the Motor Insurance Directive, following the Vnuk ruling as being “unworkable and unfair”.
Industry slams Tesla’s ‘misleading’ autopilot feature
The insurance sector has called out Tesla for its “misleading” autopilot feature, with industry voices criticising the motor manufacture’s language as confusing for customers.