Articles
Insurance
IAT Insurance Group is acquiring the renewal rights and certain associated assets for a book of surplus lines excess and umbrella insurance business from Rockhill Insurance Group, a subsidiary of State Auto Mutual Insurance Company. 26 March 2018
News
The warning signals from 2017 are clear: the future success of our industry will depend on the strength of our partnerships and our ability to combine the knowledge and assets of each in order to develop innovative solutions, says Moses Ojeisekhoba of Swiss Re. 16 November 2018
Insurance
The insured property losses caused by extratropical Cyclone Xavier is estimated at €291 million, according to the initial estimate released by the European catastrophe insurance data provider PERILS. 16 November 2017
Insurance
Secondary perils were the primary topic at Baden-Baden this year. The consensus is that they mean Europe can no longer escape rate rises, and who pays will determine whether we’re truly seeing a hard market. Intelligent Insurer reports. 11 November 2021
Insurance
The Indian government raised about 98 billion rupees ($1.5 billion) on Oct. 13 by selling some of its shares in the nation’s top reinsurer General Insurance Corp of India (GIC Re), Reuters reported on the same day. 16 October 2017
Insurance
The uncertainty caused by Brexit is affecting negotiations for insurance contracts that span periods of more than three years. 16 March 2018
Insurance
California-based Alliant Insurance has promoted Reshma Dalia to chief financial officer of its specialty group. 22 June 2017
Insurance
Tower Group International (TGI)’s chairman, president and CEO Michael Lee has resigned from the company to “follow personal interests” with immediate effect. 7 February 2014
Insurance
Chubb believes that it can achieve more than $350 million in savings by year-end 2022 and $500 million by year-end 2023 through the use of robotics and artificial intelligence (AI) as it eliminates low-value activities, according to a December 2018 investor presentation. 4 December 2018
Insurance
Universal Insurance Holdings chief risk officer Jon Springer believes that the company will be able to keep its reinsurance costs in 2018 at the same level as 2017 despite record catastrophe losses last year from hurricanes and rate increases in the primary business. 1 May 2018
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