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Insurance
Advent Claims establishes European operation in post-Brexit move
Advent Claims, a division of Advent Insurance Management, has entered into a partnership agreement with pan-European claims specialist Van Ameyde to provide support after Brexit.   11 October 2017
Insurance
BPL and EIA form new joint venture in New York
Specialist credit and political risk insurance brokers BPL Global and EIA Global have signed a memorandum of understanding (MoU) to form a joint venture insurance broking company in New York, focusing on global financial institutions.   11 October 2017
Insurance
Brokerslink launches cyber risk management and insurance facility
Global broking company Brokerslink said on Oct. 11 that it launched a new cyber risk management and insurance facility together with service provider Safeonline.   11 October 2017
Insurance
MAI CEE hires Marsh exec for Central and Eastern European expansion
Insurance broker MAI CEE has hired Petr Antošík to fuel its Central and Eastern European expansion.   11 October 2017
Insurance
Aon sues Marsh over misappropriation of trade secrets
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 sweep through California’s vineyards
Wildfires swept through Northern California’s world-famous wine country, destroying homes and businesses, Reuters reported on Oct. 9.   10 October 2017
Insurance
Zurich signs £41m capacity deal with Rural; replaces XL Catlin
Zurich Insurance has entered into a new long-term capacity deal with Harrogate-based specialist agricultural insurer Rural Insurance.   10 October 2017
News
RGA: Looking at the brighter side of reinsurance
As more reinsurers seek to grow their life & health portfolios, Intelligent Insurer spoke to Anna Manning, CEO of RGA, the one reinsurer whose primary focus is this area, to establish whether things there are really as rosy as its rivals hope.   6 October 2017
Insurance
MS&AD reviews FY targets on potential $970m nat cat hit
Japan’s MS&AD, which houses Mitsui Sumitomo Insurance and MS Amlin among others, said on Oct. 6 that it is reviewing its consolidated earnings forecasts for the year ending March 31, 2018 as it expects nat cat losses in the range of $620 million and $970 million.   6 October 2017
Insurance
US P&C insurance industry’s H1 net income drops 30% YOY
The private US property/casualty insurance industry saw its net income after taxes dropped 29.2 percent year on year to $15.5 billion in first-half 2017, according to data provider Verisk Analytics.   5 October 2017

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