Articles
Insurance
Thomas Miller P&I (protection and indemnity), a wholly owned subsidiary of Thomas Miller Holdings, has made a series of senior management changes including a new chief executive. 21 March 2018
News
A report by the UK’s Financial Conduct Authority (FCA) that will assess competition in the wholesale insurance broker sector dominate the International Underwriting Association’s (IUA) agenda, alongside Brexit, in 2019, the representative body has said. 28 January 2019
Insurance
Markel Corporation said on Oct. 11 that it expects to report third quarter pre-tax underwriting losses of $503 million, net of reinstatement premiums, from Hurricanes Harvey, Irma and Maria as well as the Mexico City earthquakes. 12 October 2017
Insurance
The New Zealand government is set to increase the cap limit on residential building earthquake cover (EQC) to $150,000 from previously $100,000. 20 March 2018
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed David Ong as senior underwriter of marine hull and energy for the Middle East and North Africa (MENA), and Lee Zi Yih as marine underwriter for Asia, as part of the expansion of its marine offering. 11 July 2016
Insurance
The fast-moving renewable energy sector is increasingly global. It relies on the insurance sector to keep pace with its demands, as Michael Bernay of PERse, the renewable energy-focused company of Ryan Specialty Group Underwriting Managers, describes. 4 April 2019
Insurance
Navigators International, an underwriting segment of Navigators Group, has opened a new office in Madrid, Spain and appointed Carlos Peña Kaiser as country manager. 4 December 2017
Insurance
Re/insurer XL Catlin has appointed Yera Patel to the position of global practice leader for international financial lines claims. 4 December 2017
Insurance
Bermuda-based Aspen expects to record an underwriting loss of approximately $245 million in the fourth quarter of 2017, according to a Jan. 25 press release. 26 January 2018
Reinsurance
SCOR said on Oct. 9 that Hurricanes Harvey, Irma and Maria, as well as the Mexico earthquakes, will cost the company €430 million net of retrocession and tax for the third quarter of 2017. 9 October 2017
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