Articles

Insurance

Hurricane Florence losses estimated at up to $4.6bn

Industry insured losses resulting from Hurricane Florence’s winds and storm surge will be between $1.7 billion and $4.6 billion, according to estimates by catastrophe risk modelling firm AIR Worldwide.   19 September 2018

Insurance

Asia-Pacific plays catch-up on better data

Asia-Pacific is not yet at the same level as the US or Europe in terms of quality, high-resolution data, which creates challenges in terms of accurately pricing and underwriting risk, Jason Futers, CEO of Insurdata, told SIRC Today.   29 October 2018

Insurance

Nexus strikes ZON Re deal to enter US MGA market

Specialty managing general agent (MGA) Nexus Group has acquired the US based personal accident treaty reinsurance MGA operated by Lloyd's coverholder ZON Re via an asset purchase.   19 July 2017

Insurance

Willis hires Marsh, Aon leaders for North America CRB business

Broker Willis Towers Watson has made a series of senior appointments in its North America corporate risk and broking (CRB) business.   12 July 2017

Insurance

Specialty business buoys Beazley in Q1 against 'challenging' backdrop

Gross written premiums (GWP) at Beazley shrank slightly in the first quarter as the company bemoaned a “very challenging” rating environment but there was good news on its specialty book which both grew and enjoyed rate increases.   11 May 2017

Insurance

Barbican sets up shop in Bermuda; swoops AXIS/Novae exec

Barbican Insurance Group has launched a new operation in Bermuda, underwriting a direct and facultative portfolio of business on an excess and surplus lines basis.   5 February 2018

Insurance

JLT Re hires Willis Faber exec to launch Fac division

Reinsurance broker JLT Re has launched a new JLT Fac division and appointed Vanessa Macdonald-Smith, formely of Willis Faber, to lead the division.   18 January 2016

Insurance

Lloyd’s insurer Atrium partners with MGA Fiducia for terror cover

Speciality MGA Fiducia has teamed up with Lloyd’s insurer Atrium Underwriting to produce a new terrorism product which will allow brokers to offer specific cover to their clients of all sizes.   5 July 2017

Insurance

Technology shifts insurers' focus with greater emphasis on bundled services

Insurers are moving from passively insuring loss and managing to claims to proactively ensuring protection for customers, as the bundling of insurance with products and services becomes more prevalent.   11 January 2018

Risk Management

How FERMA is addressing risk managers’ needs in the light of COVID-19

The COVID-19 pandemic has created a specific set of challenges for risk and insurance managers. Dirk Wegener, president of FERMA, told Intelligent Insurer how the association is responding to their needs.   29 September 2020

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