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Total insured and uninsured loss for both residential and commercial properties caused by Hurricane Irma, including damage from both flood and wind, is estimated to be between $42.5 billion and $65 billion, according to data provider CoreLogic. 20 September 2017
News
Willis Towers Watson's reinsurance business Willis Re has appointed Tom Wafer as chairman of its North America platform and Jeffrey Livingston as vice-chair, effective October 2017. 20 September 2017
Insurance
AXA Insurance said on Sept. 19 that it has appointed Michelle McTeer and Brendan Clark as North and South Regional Schemes managers respectively. 19 September 2017
Insurance
Marsh has created a non-payment insurance product designed for banks and capital market investors that are funding new aircraft purchases from Boeing. 2 June 2017
Insurance
Africa’s insurance markets suffer from excess capacity and cut-throat competition, but a low market penetration offer opportunities for growth. 8 May 2018
Insurance
Specialist underwriting agency Horizon has appointed Daniella Rosser and Peter Branch as underwriters, reporting to underwriting director Wendy Travers. 26 June 2017
Insurance
Broker Miller will acquire Alston Gayler and Co, an independent London market re/insurance broker specialising in multiple lines of business, from Nelson Holdings. 22 October 2018
Insurance
Italian insurer Generali has entered into a share purchase agreement with Life Company Consolidation Group (LCCG) to sell its entire shareholding in Generali PanEurope. 18 December 2017
Insurance
Generali France Chairman and CEO Eric Lombard has been elected chairman of the Economic & Finance (EcoFin) Committee of Insurance Europe, the European insurance and reinsurance federation. 1 March 2017
Insurance
Bermuda-based RenaissanceRe Holdings reported a net loss attributable to shareholders of $3.5 million for the fourth quarter of 2017 but claims “strong execution at the January 1 renewals”. 1 February 2018
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