Articles
Insurance
Global economic losses from natural disasters for 1H 2017 were estimated at $53 billion – 56 percent lower than the 10-year average of $122 billion and 39 percent lower than the 17-year average of $87 billion, according to Aon catastrophe report. 20 July 2017
Insurance
Social inflation is a big issue for insurers, especially in the US where plaintiffs’ lawyers are demanding ever-larger pay-outs, backed by juries who are increasingly inclined to back David against Goliath. But the right approach will reduce this trend, as Rick Lindsey, CEO of Prime Insurance Company, tells Intelligent Insurer. 7 September 2020
Insurance
Global Risk Partners (GRP), an acquisitive insurance broking and managing general agent (MGA) investment vehicle, has completed its investment in Cavendish Munro Professional Risks, the specialist retail broker. 6 June 2016
Insurance
Property/casualty insurer AmTrust Financial Services has build a new management team to expand its accident & health (A&H) Lloyd’s offering and capabilities across its international operations. 7 March 2018
Insurance
Lorega, a UK managing general agent (MGA), and Agenci, a cyber security consultancy, have been awarded insurance product of the year at the Cyber Security Awards. 1 July 2016
Insurance
Sean McGovern, chief risk officer (CRO) and general counsel, at Lloyd’s is leaving the corporation to take up the position of chief compliance officer and head of regulatory and government affairs at XL Catlin. 18 May 2016
Insurance
Bermuda-based property and casualty re/insurer Sompo International has appointed Patrick Cove as global head of aviation reinsurance. He will be based in the company’s Zurich office. 10 April 2018
Insurance
China Re, China's biggest reinsurer, has launched a renewable energy consortium at Lloyd’s, focused on project specific reinsurance for the construction and operation of offshore wind farms in mainland China. 11 March 2019
Insurance
Bermuda-based Argo Group International Holdings, an underwriter of specialty insurance and reinsurance products, has become a member and network partner of GBN Worldwide. 11 March 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has appointed Paula Wilson to the newly-created role of head of marketing. 16 March 2018
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