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Insurance
IAT Insurance Group, a provider of specialty property and casualty products, is expanding its product offerings with the formation of a new management liability business unit. It will be led by John Passaro who brings more than 28 years of experience in the insurance industry, including extensive experience with management and professional lines. 16 October 2019
Insurance
The Hartford, a US specialist in property and casualty insurance, group benefits and mutual funds, has launched the next generation of its Spectrum business owner’s policy (BOP) that delivers tailored insurance coverage recommendations, real-time, transparent pricing and simplified coverage explanations. 16 October 2019
Insurance
RenaissanceRe Holdings, a global provider of reinsurance and insurance, estimates that losses from third quarter 2019 catastrophe events will have a net negative impact of approximately $155 million on its third quarter 2019 results of operations. 16 October 2019
Insurance
Catastrophe investment manager Nephila Capital has rebranded with a new logo, website, and brand identity. 16 October 2019
Insurance
Argo has reiterated its decision to conduct a review of governance and compensation matters, run by independent directors, in response to activist investor Voce’s latest criticism of the firm. 15 October 2019
Insurance
The United States imposing further sanctions on Turkey creates difficulties for insurers, who may struggle with some of the complexities involved. 15 October 2019
Insurance
Estera, a global provider of corporate, funds and trust services, has launched legal services in Bermuda and the Cayman Islands. Estera’s legal services will cover a number of practice areas such as corporate and commercial, regulatory, insurance and investment funds. 15 October 2019
Insurance
Modest core underwriting margin expansion is expected in the domestic P&C insurance industry according to Keefe, Bruyette & Woods (KBW) analysts’ newly released 2Q19 P&C Industry Results report. They have updated their domestic P&C insurance industry earnings model with ISO’s recently published 2Q19 results. 15 October 2019
Reinsurance
New York-based reinsurance provider AM Re Syndicate has a unique position in the market as it underwrites specialty quota share reinsurance exclusively, as the firm’s Shevawn Barder explains to Intelligent Insurer. 15 October 2019
Technology
Insurers that offer cyber protection have increasingly realised that they must partner with specialist cyber firms to make this a truly effective product. Intelligent Insurer looks at how such partnerships work. 15 October 2019
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