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Insurance
Insurers are facing a profitability squeeze and are increasingly looking to their investment portfolios as a larger component of profitability, according to a study commissioned by BlackRock. 26 September 2017
Insurance
Thomas Miller Specialty, an underwriting agency providing marine, offshore, aerospace and cyber insurance products, has set up a general aviation division. 26 September 2017
Insurance
Insured losses for Hurricane Maria in the Caribbean will be between $40 billion and $85 billion with Puerto Rico accounting for more than 85 percent of the loss, according to catastrophe modelling firm AIR Worldwide. 26 September 2017
Insurance
Brian Duperreault, the chief executive of American International Group (AIG), has revealed several changes to the company’s organisational structure in an overhaul that has resulted in the departure of Rob Schimek, CEO of the insurer’s commercial business. 25 September 2017
Insurance
Antares, the Lloyd's managing agent and part of the QIC Group, has appointed Joe Mellen as marine cargo underwriter. 25 September 2017
Insurance
Risk modelling and data analytics firm RMS has appointed Pete Dailey as vice president to lead flood model development in its California headquarters. 25 September 2017
Insurance
The insurance industry has under-invested in technology and failed to embrace technological advances. But that is starting to change, according to one insurtech start-up aiming to help the industry catch-up. 25 September 2017
Insurance
CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) has confirmed that Dominica will receive a payout of $19 million under its tropical cyclone policy following the passage of Hurricane Maria on September 19. 25 September 2017
Insurance
Lloyd’s third-party managing agent Asta said on Sept. 22 that it received “in principle” approval from the Lloyd’s Franchise Board to establish and manage Agora syndicate 3268. 22 September 2017
Insurance
Pioneer Underwriters and Lloyd’s third party managing agent Asta have received “in principle” approval from Lloyd’s to establish a syndicate. 22 September 2017
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