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Insurance
Volatility in the Spanish bond market due to instability created by Catalonia’s independence vote is a concern for Spanish re/insurers, according to AM Best. 24 October 2017
Insurance
The potential for hardening rates and terms and conditions (T&C) will be the main talking point at the Baden-Baden 2017 Reinsurance Symposium, according to an online survey carried out by Intelligent Insurer. 24 October 2017
Insurance
While the frequency of natural disasters has continued to increase, data indicate that the real cost per disaster has been declining since 1970, according to PwC analysis. But with more disasters being recorded, the total cost of damages continues to climb. 24 October 2017
Insurance
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, has reorganized its underwriting team. 20 February 2018
Insurance
Insurance firm Starr Companies has promoted Richard Bessinger to chief underwriting officer. 27 June 2017
Insurance
Property/casualty insurer Chubb is targeting major growth opportunities in the global middle market and small commercial business sector, CEO Evan Greenberg said in a letter to shareholders. 9 April 2018
Insurance
The Travelers Companies estimated fourth-quarter catastrophe losses related to the California wildfires, including estimated recoveries from reinsurance, to be in the range of $525 million to $675 million pre-tax. 9 November 2017
Insurance
Berkley Insurance Company, a subsidiary of WR Berkley Corporation, has appointed Naomi Kinderman and Beth Zaro Green as vice presidents – claims senior counsel. 23 May 2017
Insurance
Aspen Insurance has closed its Bermuda-based US property insurance unit following high natural catastrophe losses in 2017 that included the recent wildfires in California. 19 February 2018
Insurance
Advent Claims, the insurtech-led claims third party administrator (TPA) signed an agreement to administer all claims for Aquila Underwriting-backed managing general agent (MGA) Principia Underwriting. 6 November 2017
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