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Insurance
Global insurance rates declined for the 14th consecutive quarter in the third quarter of 2016, although the rate of decline moderated by weighted average for the third quarter in a row, according to Marsh’s Global Insurance Market Index covering the third quarter of 2016. 11 November 2016
Insurance
US renewal rates remain competitive on average across all major lines of business in the third quarter of 2016, but US financial and professional liability lines experienced the lowest rate of decline and property lines experiencing the greatest rate of decline, according to Marsh’s Global Insurance Market Index covering the third quarter of 2016. 11 November 2016
Insurance
Re/insurance brokerage Jardine Lloyd Thompson (JLT) plans to build out its specialty business in 2016 in spite of challenging market conditions, it said in its interim management statement for the period from July 1 through to November 7, 2016. 8 November 2016
Insurance
Insurance brokerage Arthur J Gallagher has expanded its specialist capabilities in credit and political risks insurance with the appointment of Rupert Boyle and Nick Ollerenshaw as executive directors, based in London. 4 November 2016
Insurance
Insurance broker Miller has appointed Alastair Dalrymple as head of its upstream energy growth strategy in North America. 3 November 2016
Insurance
The UK’s vote to leave the EU has potentially accelerated JLT Re’s plans for Europe, according to Keith Harrison, chief executive officer of JLT Re UK and Europe, who spoke to PCI Today. 26 October 2016
Insurance
Life insurance companies in Japan have increased their allocations into foreign-currency-based investments over the past five years, currently accounting for 22 percent of total invested assets compared with 15 percent in 2011, according to an AM Best briefing. 26 October 2016
Insurance
With so much reinsurance capacity available, brokers and reinsurers should use the opportunity to be more creative and come up with solutions, David Flandro, global head of analytics, told Baden-Baden Today. 25 October 2016
Insurance
Blockchain technology could be a game-changer for the re/insurance industry, Ed Hochberg, chief executive officer of JLT Re North America, told PCI Today. 25 October 2016
Insurance
JLT Re has appointed Stephen Punch as managing director of Asia Pacific for regional clients and retrocession, based in Sydney. 25 October 2016
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