Articles
Insurance
Lloyd’s profitability review could act as a catalyst to turn rates in the marine market—but larger insurers not part of the market could find it harder to achieve rate increases because of wider client relationships, Adrian Poxon, head of global specialty reinsurance, Sompo International, told Baden-Baden Today. 22 October 2018
Insurance
UK insurer Aviva is selling its Asia and Middle East life business Friends Provident International (FPIL) to RL360 Holding Company, a subsidiary of International Financial Group, for a total consideration of £340 million. 19 July 2017
Insurance
The performance of the commercial automobile insurance segment in the US has lagged that of other property/casualty (P&C) industry sectors for several years and continued to deteriorate through the third quarter of 2017, according to AM Best. 19 January 2018
Insurance
The International Association of Claim Professionals (IACP), a body for insurance claims executives, announced five of its key officers and directors for a one-year term. 17 October 2016
Insurance
Bermuda-based Aspen Re, the reinsurance unit of Aspen Insurance Holdings, has renewed its specialist collateralized reinsurance sidecar Silverton Re for 2017 raising $5 million more than it raised for 2016. 13 December 2016
Insurance
Economic losses caused by wind, storm surge, and inland flood from Hurricane Harvey could be as high as U.S. $70-90 billion, according to data provider RMS. 31 August 2017
Insurance
The UK's Justice Select Committee has indicated in a report published on November 29 that it needs more evidence into claimant behaviour before it can approve the proposed reforms to the Ogden discount rate. 1 December 2017
Insurance
Bermuda-based Partner Re has changed its strategy after its acquisition by Italian investment company EXOR, repositioning the reinsurer and refocussing its brand and offering, CEO Emmanuel Clarke told Intelligent Insurer. 30 August 2017
Insurance
Re/insurer XL Catlin has appointed Steven Bauman as head of global programmes and captive practice in North America. 23 May 2017
Insurance
A majority of single-family homes could see cheaper premiums with private insurance than with the National Flood Insurance Program (NFIP), according to a Milliman study based on the US states of Florida, Texas and Louisiana. 12 July 2017
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