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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
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
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
Insurance
Re/insurer XL Catlin has appointed Steven Bauman as head of global programmes and captive practice in North America. 23 May 2017
Alternative Risk Transfer
The rapidly evolving insurance-linked securities (ILS) market was one of the hot topics at the Monte Carlo Rendez-Vous recently as Paul Schultz, chief executive officer at Aon Securities, explains. 23 September 2015
Insurance
Senior vice president at Guy Carpenter, Keith Riley, has stepped down from his role and has entered retirement. 31 March 2017
Insurance
Marsh & McLennan Companies (MMC) has appointed Keith Walsh as the chief financial officer (CFO) of Marsh with effect from May 1, 2017. He will be based in MMC's New York headquarters, and report to the chairman of risk and insurance services Peter Zaffino, and to MMC CFO Mark McGivney. 31 March 2017
Insurance
US insurers will need to be nimble if they are to maximise the potential benefits – and overcome potential pitfalls – stemming from US tax reforms, according to S&P Global Ratings, in a new report called ‘US Tax Reform: A Mixed Bag Of Goods For Life, Health, and P/C Re/Insurers.’ 2 January 2018
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
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
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