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Insured losses from global catastrophe events were estimated at $19 billion in the first half of 2019, mainly driven by secondary perils such as thunderstorms and flooding events, according to the new Swiss Re sigma report. 15 August 2019
Insurance
A parametric fisheries insurance policy for Carribean governments, described as “pioneering” by the issuing body, has been taken up by the authorities of Grenada and Saint Lucia. 5 July 2019
Insurance
Some 15 Citroen 2CVs sponsored by a variety of re/insurers and some driven by well-known executives from the industry will arrive in Casino Square today (Sunday September 13) in time for the Monte Carlo Rendez-Vous, having made the 1,000-mile journey from 1 Lime Street since leaving on Wednesday September 9. 13 September 2015
Insurance
Barbican has bucked many trends and proved the doubters wrong since its ‘brutal’ 2007 launch. But going against the grain is second nature to David Reeves, its chief executive, who is comfortable doing things his way, away from the pack. Intelligent Insurer reports. 6 September 2017
Insurance
A merger between Aon and Willis Towers Watson (WTW) would mean more “job carnage” be bad news for buyers but could mean opportunities for smaller brokers, according to sources in the London Market. 6 March 2019
Insurance
San Francisco-based insurtech startup MetroMile has entered into a strategic partnership with Tokio Marine Holdings following a $90 million investment by the Japanese property/casualty insurer and Intact Financial. 7 August 2018
Insurance
Specialist insurer Tokio Marine Kiln has appointed Stuart Chamberlain as senior casualty underwriter. He joins TMK from QBE. 21 March 2018
Insurance
Wang Yincheng, former president of the state-owned People's Insurance Company of China (PICC), has pleaded guilty in a trial on the charge of accepting bribes, according to an April 16 report by the country’s official press agency Xinhua. 19 April 2018
Insurance
Mid-market private equity firm Preservation Capital Partners, which last year acquired Ascent Underwriting, has made another strategic investment in a US-based specialist managing general agent. 19 February 2019
Insurance
Specialist insurer Hiscox has appointed Josh Nevin as chief operating officer (COO) for its US business unit. 28 June 2017
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