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AmTrust E&S Insurance Services, a wholly-owned subsidiary of AmTrust Financial Services, has launched a new excess casualty underwriting division based in Los Angeles. It will be led by Jeff Lynn, who joins from Everest Re. 24 September 2019
Insurance
While the frequency of workers’ compensation claims in the US is expected to decrease further in 2013, in line with current trends, their severity and overall cost to insurers will rise, according to a report by Aon Risk Solutions. 19 December 2012
Insurance
An increase in foreign exchange volatility in the second quarter of 2016, enhanced further by the surprising result of the UK’s EU referendum vote, has distorted the performance of re/insurance companies during the period. Making more use of hedging for foreign exchange risk could ease such distorting effects from companies’ profit and loss accounts, experts claim. 26 August 2016
Insurance
Specialty re/insurer MS Amlin has increased its protection and indemnity (P&I) capacity for 2019. 10 January 2019
Insurance
Ian Tomlin has joined Special Contingency Risks (SCR) to lead and manage the strategic development of its accident and health offering. 5 March 2019
Insurance
US personal lines insurer Allstate Corporation has estimated catastrophe losses for the month of July 2018 at $262 million, pre-tax and $207 million after-tax. 17 August 2018
Insurance
BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, has appointed Mark Costin and Oyin Heath to join its newly-formed global aviation and space re/insurance broker as senior partners. 2 August 2019
Insurance
French insurance group AXA has unveiled a new programme AXA Go in China to offer travel insurance through Chinese messaging app WeChat. 5 February 2019
Insurance
Current insurance losses for the Townsville floods in Australia are valued at $45 million, from 3,500 claims, however, the Insurance Council of Australia (ICA) expects these figures to rise as people begin to return home to assess the damage. 5 February 2019
Insurance
Re/insurance sector rating agency AM Best is establishing a new office in Amsterdam, the Netherlands, during 2018 as part of its Brexit contingency plan. 1 March 2018
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