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Global reinsurers are piling into India in search for growth. A number of foreign reinsurers have recently received approval to open a branch in India. The list includes Swiss Re, Munich Re, Lloyd’s, Hannover Re and XL Catlin. 6 February 2017
Insurance
American International Group (AIG) has appointed Duncan Ellis as head of retail property, North America general insurance. 4 September 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual, has commenced operations from the new Lloyd’s premises in the Dubai International Financial Centre (DIFC). 16 March 2015
Insurance
Reinsurers and alternative capital will bear the majority of losses caused by Hurricane Dorian if the Category 4 storm makes landfall in densely populated areas of the Florida peninsula, warned rating agency S&P Global. 2 September 2019
Insurance
Davies, an operations management, consulting and digital solutions provider, has acquired Alternative Service Concepts (ASC), a workers’ compensation and property and casualty third party administrator (TPA) headquartered in Nashville, Tennessee. 18 October 2019
Insurance
The British Insurance Brokers’ Association (BIBA) has launched a new drone insurance scheme with specialist and corporate insurer Tokio Marine Kiln (TMK). 6 August 2018
Insurance
US-based property/casualty insurer The Hartford has agreed a $300 million aggregate excess of loss reinsurance treaty with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway. 2 May 2019
Insurance
Global specialty insurance firm Lancashire Holdings has appointed Heather McKinlay as the chief financial officer (CFO) of Cathedral Underwriting, the Lloyd's managing agency within the Lancashire Group. 5 May 2016
Insurance
It is a widely held belief that competition is good and monopoly is bad. So why, asks Liberty Specialty Markets’ president and managing director Matthew Moore, does Amazon, with its market dominance, set new standards for service? 5 June 2019
Insurance
Automation in the commercial insurance space has taken longer to evolve than in personal lines because the data is less homogenous, but the pace is now accelerating and technology is set to transform the job of underwriters, as Intelligent Insurer finds out. 11 September 2018
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