Articles

Insurance

Retrocession rates jump up to 20% in January renewals

Rate increases in the January 2018 renewals were lower than expected after the significant natural catastrophe losses of the third quarter of 2017 but retrocession catastrophe programmes increased by up to 20 percent, according to a JLT Re market report.   26 January 2018

Insurance

Aon launches intangible asset cover

Broker Aon has launched an intangible asset insurance cover in line with the change in business models.   20 November 2018

Insurance

Artificial intelligence: a game-changer for risk transfer

Amid concerns that artificial intelligence could result in job losses across the industry, re/insurers speaking at an Intelligent Insurer roundtable in London aimed to suppress some of those fears by highlighting the value of AI with tried and tested examples.   13 April 2017

Insurance

RSG expands risk programme; reveals new underwriting partnership

Ryan Specialty Group’s (RSG) ThinkRisk is expanding its converging risk programme and forming a new underwriting partnership.   19 May 2016

Insurance

Sirius boosts environmental unit with Great American and Starr hires

Bermuda-based Sirius Group has expanded its specialty insurance platform with the addition of Robert Potter and Bob Albanese to its environmental team.   17 July 2017

Insurance

UK extends Pool Re terror cover

The UK government is extending the terrorism cover offered by Pool Re to include non-damage business losses resulting from acts of terrorism.   22 March 2018

Insurance

Berkshire Hathaway opens London office with ex-AIG, Allied World execs

Berkshire Hathaway Specialty Insurance Company (BHSI) has established a new office in London and filled key leadership roles with former AIG, Allied World, Chubb and Marsh executives.   8 February 2017

Insurance

Chubb expects $320m nat cat hit in Q4

Property/casualty insurer Chubb has revealed its preliminary fourth quarter loss estimates from natural catastrophes of approximately $320 million before taxes (or $249 million after tax).   30 November 2017

Insurance

JLT Specialty poaches March US construction head

JLT Specialty Insurance Services, a US subsidiary of Jardine Lloyd Thompson (JLT), has appointed Michael Anderson as executive vice president and US construction practice leader.   29 April 2015

Insurance

HIM losses start to rise: Jefferies

Loss estimates for the HIM Hurricanes (Harvey, Irma & Maria) are beginning to rise, according to investment firm Jefferies.   22 January 2018

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