Articles
Insurance
Bermuda-based RenaissanceRe CEO Kevin O'Donnell described the recent renewals as “successful,” while profits fell in the first quarter of 2018 despite improvements on the underwriting side. 2 May 2018
Insurance
Swiss Re has strengthened its African business through its newly approved licence for property & casualty (P&C) business in South Africa. 2 May 2018
Insurance
Scott Purviance has succeeded Steven DeCarlo as the company’s AmWINS Group CEO on May 1, a move that is followed by a number of management changes. 2 May 2018
Insurance
Specialist insurer Beazley and Lloyd’s coverholder Risk Cooperative have partnered with blockchain technology company Bitfury to build the first blockchain-based system for crisis insurance and risk management. 2 May 2018
Insurance
The Florida Office of Insurance Regulation has approved a rate decrease for workers’ compensation insurance in Florida. 2 May 2018
Insurance
Lloyd’s of London’s chief financial officer John Parry is leaving the corporation after 17 years. 1 May 2018
Insurance
Commercial insurer CNA is succeeding in pushing up rates in most lines apart from workers’ compensation, CEO Dino Robusto said during the insurer’s first quarter 2018 results conference call. 1 May 2018
Insurance
US-based Global Marine Insurance Agency (GMIA) a specialty marine brokerage and program administrator, which is part of Specialty Program Group, has expanded its team by almost 20 through its acquisition of Norman-Spencer Marine. 1 May 2018
Insurance
Accountancy firm PwC has unveiled a partnership with international start-up rating agency Early Metrics designed to link fast-growth start-ups with established insurance companies to generate mutually beneficial commercial opportunities and relationships. 1 May 2018
Insurance
While most classes of reinsurance and specialty lines have seen a moderation or end to price reductions, there is not a consistent pattern, with increases generally limited to areas and sectors where heavy losses had occurred last year, broker JLT said in a May 1 trading statement. 1 May 2018
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