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Losses from natural catastrophes hit their lowest point in 2015 of any year since 2009, according to Munich Re.   4 January 2016
Insurance
The current flooding in the north of England underlines the need for businesses to buy insurance that is fit for purpose, according to Airmic, the UK association for risk and insurance management professionals.   4 January 2016
News
Despite some signs of pricing stabilisation in peak property catastrophe zones at the June/July 2015 renewals, the forecasts for a “softening in the softening” in reinsurance pricing have proved deceptive, according to Willis Re.   4 January 2016
Insurance
London-based Barbican Insurance Group has launched Barbican Protect, which brings together Barbican Underwriting, PI Protect and Barbican Channel Islands into a single brand.   4 January 2016
Insurance
Property/casualty insurer WR Berkley has appointed Lucille Sgaglione as executive vice president and Kenneth Sroka as senior vice president (SVP). The appointments are effective immediately.   23 December 2015
Insurance
AM Best has announced that the financial strength rating (FSR) of A+ (Superior) of Zurich Insurance and its rated affiliates are unchanged following the announcement that Zurich American Insurance Company (ZAIC), Zurich’S US non-life subsidiary, will acquire 100 percent of Rural Community Insurance Agency (RCIA) and its wholly owned subsidiary, Rural Community Insurance Company (RCIC), together known as Rural Community Insurance Services (RCIS).   23 December 2015
Insurance
Zurich Insurance Group has announced that its board of directors has proposed to its shareholders to elect Jeffrey Hayman and David Nish to the board for a term of office of one year each.   22 December 2015
Insurance
Specialist and corporate insurer Tokio Marine Kiln (TMK) has confirmed that Liberty Specialty Markets (LSM), provider of re/insurance products, will provide renewal terms on all expiring policies within its non-Japanese portfolio written in Spain.   21 December 2015
Insurance
Skuld, the marine insurance provider, has reported a positive bottom-line result of $20 million in its results for the nine months ending 20 November 2015, including the provision of a new mutual members’ credit of $5 million.   21 December 2015
Insurance
Insurance law firm BLM has become the Association of British Insurers (ABI) first associate member.   21 December 2015

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