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A magnitude 6.7 earthquake struck the Eastern Mediterranean at 22:31 UTC on July 20, 2017, impacting the Greek island of Kos and the Turkish city of Bodrum, along with numerous coastal towns in Turkey. 24 July 2017
Insurance
Insurer Beazley has announced that it made a profit of $158.7 million for the first half of 2017, a six percent increase on the $150.2 million it made in the first six months of 2016. 24 July 2017
Insurance
Travelers has revealed that its net income for the second quarter of 2017 came to $595 million, a ten percent fall from the $664 million it made over same period of 2016. As a result the company reported that net income for the first half of 2017 came to $1.21 billion, an 11 percent fall on the $1.35 billion it made over the same period of 2016. 24 July 2017
Insurance
The risk transfer industry in London including Inga Beale, the chief executive of Lloyd’s, has welcomed new regulations detailed by the UK government designed to ensure the UK captures a share of the market. 21 July 2017
Insurance
Markel Global Insurance, a division of specialty insurer Markel Corporation, has hired John Ferguson as a director of the New York-based US excess casualty team. 21 July 2017
Insurance
Insurer Chubb has named Michelle McLaughlin executive vice president and property manager for its North America commercial insurance division. 21 July 2017
Insurance
German insurer Hannover Re has completed the acquisition of Lloyd's managing agent Argenta Holdings. 21 July 2017
Insurance
The Florida Office of Insurance Regulation has appointed Michael Yaworsky as its new chief of staff. 21 July 2017
Insurance
Specialty managing general agent (MGA) Nexus Group has opened a new office in Cork following the establishment of a branch in Ireland, headed by Stephen Comerford, in July 2016. 21 July 2017
Insurance
Insurtech initiatives will lower property/casualty rates representing a win-win for all, according to MarketScout, the Texas-based insurance exchange, MGA and forecasting company. 21 July 2017
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