Articles
Insurance
Specialist insurer Markel International has appointed Claire Lane as senior equine claims adjuster. 20 March 2017
Insurance
Prior-year reserve releases, which have been supporting reinsurers’ profitability in the current soft market, are drying up at some reinsurers, which may help to increase rates, Munich Re chief financial officer Jörg Schneider. 9 May 2017
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
US-based global insurance distributor AmWINS Group has announced the acquisition of California-based Networked Insurance Agents, an insurance aggregator specialising in the standard lines insurance segment. 2 May 2017
Insurance
Reinsurance, wholesale and specialty broker Ed has appointed Mike Hernandez to the newly-created role of chairman, and Agustin de Freitas as CEO of Ed Broking LatAm. 8 June 2017
Insurance
The total value of insurance claims for the 14 November 2016 Kaikōura earthquake in New Zealand as at 31 May 2017 is NZ$1.84 billion (£1.06 billion) the Insurance Council of New Zealand reported on June 21. 21 June 2017
Insurance
Blockchain technology company Bitfury Group and risk and insurance advisory firm Risk Cooperative have entered into a strategic partnership to drive blockchain applications in the $60 billion insurance intermediation market. 19 June 2017
Insurance
Hamilton Re, the Bermuda-based property/casualty reinsurer of Hamilton Insurance Group, has reshuffled certain senior management roles and hired new executives to diversify its portfolio. 27 April 2017
Insurance
Insurance intermediary KIRS Group priced its offering of £400 million in aggregate principal amount of 8.375 percent Senior Secured Notes due 2023 and $520 million in aggregate principal amount of 8.625 percent Senior Secured Notes due 2023. 7 June 2017
Insurance
The UK Government has startled the re/insurance industry by decreasing the personal injury (Ogden) rate by far more than had been expected, causing companies to revise their profit results mid-reporting season. 1 March 2017
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