Articles
Insurance
Despite low interest rates, ample capital from long-term underwriters and growth in new and expanding entrants are keeping property/casualty insurance terms and conditions in the US at very competitive levels, according to a market update by broker Lockton. 21 April 2017
Insurance
Swizerland-based property and casualty re/insurer Allied World Assurance Company Holdings has included drones services to expand its risk management offerings. 21 April 2017
Insurance
While the results as reported by reinsurers show a declining trend, the underlying results, taking into account average cat losses, show how tight profitability in the sector really is, according to the most recent Reinsurance Market Report by Willis Re. 21 April 2017
Alternative Risk Transfer
PCS has claimed that its launch of a new loss index covering the global marine and energy markets could help bring new risks to the insurance-linked securities (ILS) markets, a necessity if that form of risk transfer is to continue to grow and develop. 19 April 2017
Insurance
Malta-based Building Block Insurance (BBI) is expanding its footprint into Europe after signing an agreement with Spanish broker Slora to sell gadget insurance. 10 April 2017
Insurance
US-based Ryan Specialty Group (RSG) is establishing RT Specialty Buffalo, New York office, a new wholesale brokerage unit, at the current location of acquired managing general agent (MGA) LoVullo Associates. 10 April 2017
Insurance
Stephen Catlin, the executive deputy chairman of XL Group, is retiring from the company at the end of 2017, the Bermuda-based re/insurer announced in a statement. 5 April 2017
Insurance
Broker Willis Towers Watson has appointed Thorsten Querfurt as the company’s new global industry leader for natural resources. 5 April 2017
Insurance
Re/insurer QBE, marine underwriting agency Proteus, and Australian broking group Steadfast have entered a strategic partnership in the marine insurance segment. 5 April 2017
Insurance
Broker network Brokerslink has expanded its global construction practice with the appointment of Brian Schofield and Edouard Marron as co-practice leaders, effective immediately. 5 April 2017
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