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Insurance

AIR Worldwide pegs typhoon Faxai insured losses between $3bn and $7bn

Catastrophe risk modelling firm AIR Worldwide estimates that industry insured losses from Typhoon Faxai, which made landfall in Japan on September 9, will be between JPY 340 billion ($3 billion) and JPY 740 billion ($7 billion).   16 September 2019

Insurance

JLT insurance businesses perform well despite challenges

Re/insurer Jardine Lloyd Thompson Group (JLT) has released its interim management statement for the period 1st July 2015 to 2nd November.   3 November 2015

Insurance

DXC Technology appoints new chief executive officer to lead next phase of growth

DXC Technology, a London insurance market service provider, has appointed Mike Salvino as its new president and chief executive officer (CEO).   16 September 2019

Insurance

Travelers gains approval for Brexit subsidiary in Dublin; names CEO

Property/casualty insurer Travelers Europe has set up a new subsidiary in the Republic of Ireland in response to Brexit, which will be led by James Liston as CEO.   30 January 2019

Insurance

Cyber market has momentum; coverage needs to be more explicit, says Hannover Re

The cyber market is exhibiting good momentum, with efforts being made to ensure the coverage is more explicit, Sven Althoff, member of the executive board for Hannover Re, told SIRC Today.   31 October 2019

Insurance

US-based Cobbs Allen launches new specialty broking unit

US-based independent agency Cobbs Allen has launched a specialty insurance brokerage business with the hiring of senior insurance executives Paul Sparks and Darren Sonderman.   29 July 2019

Insurance

AXIS Capital combined ratio soars to 109.4% on cat losses

AXIS Capital’s combined ratio soared to 109.4 percent in the third quarter, hit by catastrophes, and losses in its credit and aviation lines.   30 October 2019

Insurance

LV= appoints Jon Mansley as sales and marketing director

LV= General Insurance (LV= GI), a personal lines insurers in the UK, has appointed Jon Mansley to the newly created role of sales and marketing director.   30 October 2019

Insurance

Prosight appoints CFO; boosts underwriting team

Lloyd’s business ProSight Specialty Underwriters has made several additions to its senior finance and underwriting leadership as it continues to grow its presence at Lloyd’s of London.   5 June 2014

Insurance

Impact of climate change on re/insurance debated at 16th SIRC

The words of climate activist Greta Thunberg were quoted at the start of the 16th Singapore International Reinsurance Conference (SIRC) yesterday by Sivam Subramaniam, chair of the 16th SIRC organising committee.   29 October 2019

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