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Loss figure of $40 million expected to rise; estimated bushfire losses now at $110 million. 18 November 2019
Insurance
It will be China’s first fully foreign-owned insurance holding company. 18 November 2019
Insurance
The appointments mark continued expansion in the financial lines market. 18 November 2019
Insurance
Spanish insurer Mapfre has signed a deal to invest €82 million to create a company with Santander Spain to distribute automobile, self-employed and company insurance. 1 July 2019
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) is to acquire the entire issued share capital of Bermuda-based Sandell Holdings and its subsidiary Sandell Re (SRL) for an initial cash consideration of $25 million with further amounts payable subject to certain conditions being met. 1 July 2019
Insurance
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, is warning insurers in Asia to prepare for future “Supercat” events like those experienced in the USA. 1 November 2010
Insurance
Interest rates are stagnating at relatively low levels across the Eurozone, impacting both life and non-life insurance industries, according to Mapfre and the adoption of accommodative monetary policy across the Eurozone is partly responsible. 11 February 2020
Insurance
It will offer a free Leakbot to all new and existing buildings insurance customers. 10 February 2020
Insurance
Reinsurance broking and risk/capital management firm TigerRisk Partners has hired JLT Re's Neill Cotton and Mark Sleet as partners to lead the company's binding authority and programme businesses. 27 June 2019
Insurance
Concord Specialty Risk, a transactional risk insurance and loss mitigation specialist which is a series of RSG Underwriting Managers, has appointed Ilan Peress as vice president, representations and warranty insurance underwriter. 13 August 2019
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