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Insurance
Insured losses are expected to reach $2 billion in the US following significantly increased thunderstorm activity in April, according to Impact Forecasting, Aon Benfield’s catastrophe model development unit. 8 May 2015
Insurance
Imperium Insurance Management, the MGA which is soon to be launched in conjunction with Direct Insurance Group, has secured capacity with XL Catlin. 8 May 2015
News
The Navigators Group achieved growth across its US casualty, international marine and international management liability and E&O divisions though its net income dipped and book as a whole shrank in the first quarter of 2015. 8 May 2015
Insurance
The use of managing general agents (MGAs) has increased in response to tough market conditions and the changing business model of the re/insurance industry. Below, Intelligent Insurer profiles 50 of the leading MGAs by turnover, comparing year on year pre-tax and operating profit. 7 May 2015
Insurance
Specialist insurer Markel has posted a solid set of results for the first quarter of 2015 as it benefitted from a jump in income and a healthy combined ratio. 7 May 2015
Insurance
Munich Re posted a drop in profits for the first quarter of 2015 as its reinsurance and primary insurance arms dragged down results. 7 May 2015
Insurance
Allianz Global Corporate & Specialty (AGCS), the corporate insurer of the Allianz Group, has boosted its terrorism expertise with the appointment of two experts. 7 May 2015
Insurance
Arthur J Gallagher (AJG) International, the UK-based international brokerage division of AJG, has expanded its presence in Chile with the acquisition of a majority shareholding in Quality Risk Management (QRM). 7 May 2015
Insurance
Aon Risk Solutions has appointed Ian McManus as proposition head for its high net worth (HNW) team. 7 May 2015
Insurance
The chair of Allianz’s board, Michael Diekmann, has stepped down following the company’s annual general meeting. 7 May 2015
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