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Axa XL makes AIG’s Klepper CUO of short-tail insurance

Robert Klepper, most recently president of client risk solutions at AIG, previously worked at XL for 11 years.

Anna Sagar, 18 June 2019
Fraser and JLT entertainment team head to Howden

The team follows Mark Wood’s financial lines team and Nigel Todd’s real estate team.

Rachel Dalton, 18 June 2019
LatAm reinsurers disappointed by minimal rate rises at 1.7 renewal

Despite early hopes of sizeable rate rises, reinsurers are frustrated that many accounts will renew with as-before terms.

Christopher Munro, 18 June 2019
Lemonade, Coya and Wefox face off in Germany

Lemonade faces a challenge in building a direct channel in a broker-dominated market

Bernard Goyder, 18 June 2019
The D&F story is getting better but it’s not yet a blockbuster

Markets behave in brutal and slightly crazy ways that don’t always best serve the end consumer. They always undershoot on the downside and then overshoot on the upside – sometimes hugely and irrationally so.

Mark Geoghegan, 18 June 2019
Lemonade uses an AI lie detector to check for fraud

Facial recognition software is used to see if customers are “telling the truth”, Lemonade’s Sagalow told InsiderTech New York.

Bernard Goyder, 18 June 2019
London property D&F rate rises accelerate in mid-year renewals

The withdrawal of US domestic capacity for big-ticket property risks continues to bear fruit for the London market.

Catrin Shi, 18 June 2019
Cat bond issuances fail to keep pace with maturing deals

New deals have brought total year-to-date ILS volumes to $2.9bn, pointing to a shrinking of the market.

Lucy Jones, 18 June 2019
Lloyd’s Neal speaks to car makers about driverless cover: report

CEO John Neal predicts a fundamental change in the provision of motor insurance within five years.

Anna Sagar, 18 June 2019
Axa XL hires EY’s Read as COO of UK entities

The former Axa Hong Kong chief’s appointment is one of three management changes the carrier has made within its UK client and country team.

John Hewitt Jones, 18 June 2019

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