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Insurance
Chile earthquake losses could hit $900m: AIR
Catastrophe modelling firm AIR Worldwide has estimated that industry insured losses from the earthquake that struck Chile’s central coast near Illapel on September 16 will be between CLP 400 billion ($600 million) and CLP 600 billion ($900 million).   22 September 2015
Insurance
AJG acquires retail insurance broker
Arthur J Gallagher (AJG) has acquired retail insurance broker Madison Risk & Insurance Services.   17 April 2015
Insurance
Emapsite launches perils model
Data services provider emapsite has launched a geocoded perils model enabling insurers and underwriters to assess the subsidence risk for every property in the UK.   15 October 2015
Insurance
Pen Underwriting promotes exec to MD of financial lines
Pen Underwriting has promoted Jennifer Martin to managing director of financial lines, taking responsibility for UK and International business across the spectrum of e-traded, individually underwritten and delegated authority solutions.   27 January 2016
News
IUA CEO welcomes Brazil reinsurance regulation changes
The International Underwriting Association’s (IUA) chief executive, Dave Matcham, has welcomed changes to reinsurance regulation in Brazil that make it easier for clients in the country to access the London Market.   16 March 2016
Insurance
AJG acquires employee benefits broker
Arthur J Gallagher (AJG) has acquired New Jersey-based employee consultancy firm Solid Benefit Guidance (SBG).   8 June 2015
Insurance
IAG uses drones to assess Australia bushfire damage
For the first time in Australia, insurer IAG has used drones to view damage caused by the devastating bushfires in the Great Ocean Road area.   12 January 2016
Insurance
XL Catlin doubles liability limits for terrorism insurance policy
XL Catlin’s crisis management business has enhanced its standalone terrorism insurance coverage to help US businesses and public entities address increased terrorism and active assailant threats.   26 February 2016
Insurance
Compre eyes market possibilities
Legacy specialist Compre is eying future deals in the European market as it awaits completion of its recent acquisition by CBPE Capital.   16 September 2015
News
Patria Re launches Chile operations
Latin American reinsurer Patria Re has launched operations in Chile as it seeks to increase its proximity to clients.   25 February 2015

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