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Insurance
PERILS, a provider of catastrophe insurance market data, has disclosed its third loss estimate for the floods in the UK from 4 to 24 December 2015 linked to storm Desmond and other low pressure systems. 3 June 2016
Insurance
Willis Towers Watson, a global advisory, broking and solutions company, has received confirmation from the Swiss Financial Market Supervisory Authority to begin offering insurance management services under the terms of the local insurance intermediaries registration in Switzerland. 3 June 2016
Insurance
Market leaders of the International Underwriting Association of London (IUA) and Lloyd’s, as well group chief executive officer of Fidelis, Richard Brindle, have warned of job losses and a significant risk to business in London’s insurance market if Britain votes to leave the EU. 3 June 2016
Insurance
Barclays Corporate Banking has appointed James Morris as leader and Dan Broome as deputy for its UK insurance coverage group. 2 June 2016
Insurance
Munich Re subsidiary ERGO is restructuring in an effort to cut costs and pivot towards increasing digitalisation. 2 June 2016
Insurance
HDI Versicherung and HDI Global, two companies from the Talanx group operating in retail and corporate insurance and industrial insurance, have expanded their insurance cover against cyber hazards for businesses of any size. 2 June 2016
Insurance
Barclays Bank has completed the sale of its insurance business in Italy to CNP Assurances. 2 June 2016
Insurance
AIR Worldwide, the catastrophe modelling firm, has reported communities across southwestern Germany experiencing major riverine and flash flooding on the weekend following several days of heavy rainstorms that impacted a broad swath of Europe. 2 June 2016
Insurance
Munich Re has appointed Joe Stuhl as senior vice president, broker executive, for its reinsurance division (RD) of Munich Re US. 1 June 2016
Insurance
AmTrust, a multinational property and casualty insurance company has completed the purchase of NV Nationale Borg-Maatschappij and its affiliates (Nationale Borg) from Egeria and HAL Investments for €161 million ($179.7 million) in cash. 1 June 2016
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