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Insurance
The insurance-linked securities (ILS) market has evolved quickly in recent years with its investors becoming vastly more sophisticated—which their reaction to the recent hurricane losses has proved, according to Richard Lowther, chief operating officer at Hiscox Re ILS. 15 October 2017
Insurance
The scale of the protection gap in the US highlighted in the aftermath of the recent hurricanes could help nudge the political conversation around how future disasters are financed towards a greater willingness to involve the private sector in risk mitigation. 15 October 2017
Insurance
More reinsurers and insurers have released details of their third quarter catastrophe losses, reflecting the extent to which they were exposed to losses stemming from the recent hurricanes to make landfall in the US. 15 October 2017
Insurance
Aon Consulting has filed a lawsuit against Marsh over misappropriation of trade secrets, deceptive trade practices, unfair competition, and tortious interference with a prospective economic advantage. 10 October 2017
Insurance
Wildfires swept through Northern California’s world-famous wine country, destroying homes and businesses, Reuters reported on Oct. 9. 10 October 2017
Insurance
Zurich Insurance has entered into a new long-term capacity deal with Harrogate-based specialist agricultural insurer Rural Insurance. 10 October 2017
Insurance
Bermuda-based holding company Everest Re Group has been granted in-principle approval by the Central Bank of Ireland to operate as an authorised non-life insurer in Ireland. 3 October 2017
Insurance
Specialist insurer Tokio Marine HCC has reached a definitive agreement to acquire the medical stop-loss operations of American International Group (AIG), through its wholly owned subsidiary HCC Life Insurance Company. 3 October 2017
Insurance
QBE has increased its 2017 large individual risk and catastrophe claims allowance in the wake of what it describes as a period of extreme global catastrophe experience. 3 October 2017
Insurance
Conifer Holdings has announced several strategic initiatives designed to strengthen the company's financial position and accelerate its goals of returning to profitability in the coming quarters. 3 October 2017
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