Articles
Insurance
Hurricane Hermine, the first hurricane to hit Florida since Wilma in 2005, has made landfall in the Gulf Coast. 2 September 2016
Insurance
Marine insurers are grappling with increased competition, a soft market, economic uncertainties and the looming threat of piracy. But Dieter Berg, president of the International Union of Marine Insurance, is optimistic around insurers’ ability to stay afloat in this challenging environment. Intelligent Insurer reports. 1 September 2016
Insurance
Brexit could lead to a loss of business for Lloyd's of London unless the UK government is able to negotiate passporting arrangements to maintain access to the European Economic Area (EEA), according to a report by Fitch Ratings. 1 September 2016
Insurance
Swiss Re International, the Luxembourg-based subsidiary of Swiss Re Corporate Solutions, has obtained formal authorisation from the Office of the Commissioner of Insurance Hong Kong to carry on with general insurance business in or from Hong Kong. 1 September 2016
Insurance
Strong winds, drenching rain, high surf and coastal flooding from Typhoon Lionrock has brought extreme levels of precipitation, as well as landslides and flooding as it made landfall in the Tohoku region of Japan on Tuesday (August 30, 2016) evening, according to AIR Worldwide. 31 August 2016
Insurance
Sompo Canopius, has expanded its US operations with the introduction of a US ocean marine business. 31 August 2016
Insurance
Integro, a broker and risk management firm, has expanded its presence in Latin America in an agreement with HR Latinoamerica (HRL) to serve as its exclusive London wholesale reinsurance trading partner. 30 August 2016
Insurance
Skuld, a marine insurance provider, has expanded its protection and indemnity (P&I) business with the appointment of John Howe as senior vice president of business development, effective late September. 30 August 2016
Insurance
An increase in foreign exchange volatility in the second quarter of 2016, enhanced further by the surprising result of the UK’s EU referendum vote, has distorted the performance of re/insurance companies during the period. Making more use of hedging for foreign exchange risk could ease such distorting effects from companies’ profit and loss accounts, experts claim. 26 August 2016
Insurance
The Navigators Group has restructured the leadership team of its global claims organisation, effective September 1. 25 August 2016
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