“Our expansion into the Latin American marketplace has allowed us to bring new business into Lloyd’s, helping to offset diminishing opportunities in the UK and Europe.” Graeme Brydon, Canopius
property, casualty and executive and professional lines operations.
“We look forward to providing brokers and customers in Canada with
ready access to our strong capacity and substantial underwriting and
The specialty market has also attracted the attention of the industry.
to cede this risk.
(JLT), strengthened its energy team with a number of appointments after an energy acquisition in October 2014.
expertise in core areas of specialty, with a focus on energy.
have had for some re/insurers.
Canopius Group, which was acquired by Sompo Japan in May 2014, appointed an international casualty treaty underwriter with a direct focus on expanding the international casualty treaty business in South and Central America.
Ascot began underwriting in the international casualty space insurance
specialist classes such as product guarantee and recall to complement the
casualty team with two appointments—both of whom have strong casualty market leader.
Endurance reported an increase of 77 percent in gross premiums written in the insurance segment which, it said, was partly due to recently hired global underwriters within professional lines, casualty and other specialty.
percent increase in GWP, which primarily resulted from increases in professional lines, excess and surplus casualty and alternative markets,
STRATEGIC THINKING “Given the current rating environment, reinsurers have been doing a few things to protect the bottom line,” says Mohammad Khan, head of general insurance at PwC.
business; writing more direct business where they perceive they have competitive advantage and it gives them more return; writing more business that helps them diversify including a big push into speciality
improve bottom line not just by the usual mechanisms of cutting costs and
Spring 2015 | INTELLIGENT INSURER | 15
SHUTTERSTOCK / RAWPIXEL
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