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Nearly 6.9 million US homes along the Atlantic and Gulf coasts are at potential risk of damage from hurricane storm surge inundation with a total reconstruction cost value (RCV) of more than $1.5 trillion, according to a new report by US data analytics company CoreLogic. 1 June 2017
Insurance
As capital optimisation becomes ever more important to insurers, reinsurers can benefit from a new platform being developed by UnipolRe designed to empower reinsurance buyers, Simon Wigzell, the firm’s underwriting manager, explains to Baden-Baden Today. 24 October 2017
Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) is making changes to its management board as chief regions and markets officer, Carsten Scheffel retires at the end of June, 2018. 18 December 2017
News
Peak Reinsurance Company (Peak Re), the Hong Kong-based global reinsurer, has appointed Lawrence Cheng as head of underwriting, responsible for the company’s property and casualty product underwriting function and Iain Reynolds as head of analytics. 23 February 2016
Insurance
With premium growth in Asia strong compared with almost any other region, it is little wonder that more insurers, reinsurers and advisers from there are attending the Monte Carlo Rendez-Vous, according to James Dowd, head of broker TigerRisk’s Asia practice. 16 September 2015
Insurance
With premium growth in Asia strong compared with almost any other region, it is little wonder that more insurers, reinsurers and advisers from there are attending the Monte Carlo Rendez-Vous, according to James Dowd, head of broker TigerRisk’s Asia practice. 15 September 2015
Insurance
Towergate owners HPS Investment Partners (HPS) and Madison Dearborn Partners (MDP) plan to bring together their UK regional network of businesses, which also includes independent van insurance broker Autonet, private medical insurance brokerage provider Chase Templeton and insurance solutions Ryan Direct Group. 9 May 2017
Insurance
Despite higher revenues in the first quarter of 2017, broker Aon saw profits slide as expenses grew due to restructuring and M&A. 9 May 2017
News
Size is an increasingly important factor in the success of reinsurance businesses, according to SCOR, and the pressure remains on smaller players to merge. 27 July 2018
Insurance
Private equity firm KKR and Canada-based Caisse de dépôt et placement du Québec (CDPQ) are set to acquire US insurance brokerage and consulting firm USI Insurance Services. 17 March 2017
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