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Insurance
An extremely active period for severe weather hit the US in March resulting in aggregated cost to the insurance industry exceeding $2.0 billion, according to the latest edition of Aon Benfield’s monthly Global Catastrophe Recap report. 7 April 2017
Insurance
California-based Alliant has acquired SES Insurance Brokerage Services to expand its managing general agent (MGA) division Alliant Specialty Insurance Services (ASIS). 6 April 2017
Insurance
Reinsurance capacity has reached a new peak in 2016 and is likely to further contribute to price declines, according to research by broker Aon Benfield. 6 April 2017
Insurance
US-based CNA, a commercial insurance provider, has announced that its executive vice president, general counsel and secretary Jonathan Kantor is set to retire after 23 years at the company. 6 April 2017
Insurance
JLT Specialty, a US subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Gavin Shiels as senior vice president. 6 April 2017
Insurance
Terrorist attacks increased 14 percent worldwide in 2016, and are affecting an ever-wider set of businesses in more countries with more diversified tactics and intent to kill, broker Aon said in its 2017 Risk Maps for Political Risk, Terrorism and Political Violence. 6 April 2017
Insurance
The CEO of property/casualty insurer Chubb has criticised the “abusive behaviour” on the part of some brokers when addressing shareholders in the 2016 annual report. 6 April 2017
Insurance
Bermuda-based insurer Ironshore has promoted Thomas Duggan as chief claims officer of its environmental unit, overseeing specialty market claims management and processes throughout its global platform. 6 April 2017
Insurance
Property Claim Services, a Verisk Analytics business, has launched its global marine and energy service as its first solution outside the property-catastrophe sector. 5 April 2017
Insurance
The risks associated with a volcanic eruption have received insufficient attention in the past, particularly with regards to ash fall, said Swiss Re’s head of earthquake Patrice Tscherring. 5 April 2017
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