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Insurance
Total hull losses fall to record low
The percentage of total hull losses fell to a record low, according to statistics released by the International Union of Marine Insurance (IUMI).   9 April 2014
Insurance
Reinsurers offer more multi-class, multi-year deals
Reinsurers are increasingly offering more complex, multi-class, multi-year deals in an attempt to set themselves apart from the intense competition in the market while others are moving into speciality lines and considering mergers & acquisitions.   9 April 2014
Insurance
Oil and gas insurance capacity at record high
Theoretical insurance capacities in both the upstream and downstream oil and gas insurance markets have increased to the highest levels seen this century.   9 April 2014
Insurance
Coface partners with Nippon Export
French credit insurer Compagnie Française d'assurance pour le commerce extérieur (Coface) has signed an agreement with Japan’s trade and investment insurance arm to extend its coverage.   9 April 2014
Insurance
World Bank’s political risk arm appoints two
The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance arm of the World Bank, has made two appointments.   9 April 2014
Insurance
Energy sector to boom at mid-year renewals
Energy insurance buyers will benefit from renewed competition and a softening of energy insurance at their mid-year policy renewals.   9 April 2014
Insurance
Three hires boost AIG’s trade credit team
Insurer AIG Europe has made three new appointments to its trade credit team. Oliver Lambert, Marius Wolmarans and Ulf Cramer join the team   8 April 2014
Insurance
R+V Versicherung posts strong results
R+V Versicherung, the privately-owned German re/insurer, enjoyed strong growth in 2013, its gross written premiums exceeding the €12 billion mark for the first time.   8 April 2014
Insurance
Barbican hires Faraday Re underwriter
Barbican Insurance, which operates mainly through its Lloyd’s Syndicates, has appointed Tim Mackenzie, formerly of Faraday Re, as an underwriter in the firm’s international casualty reinsurance division.   8 April 2014
Insurance
ACE launches global cyber division
ACE has launched a new business unit that designed to provide insurance and risk management solutions related to cyber risk for its clients globally.   8 April 2014

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