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Typhoon Jebi expected to cost up to $5.5bn: RMS
Insurance
Risk modelling firm RMS has estimated that the insured loss for Japan from Typhoon Jebi will be between $3 billion and $5.5billion (¥340 to ¥620billion).   17 September 2018
Insurance
Hurricane Florence drenched North Carolina with more downpours on Sunday, Sept. 16, damaging tens of thousands of homes and threatening worse flooding as rivers fill to the bursting point, Reuters reported on Sept. 16.   17 September 2018
Insurance
Jardine Lloyd Thompson (JLT) has reshuffled its senior leadership. The changes were prompted by the retirement of JLT’s UK employee benefits business chief executive but extend into its Asia business where it has recruited a senior executive from Willis.   30 January 2015
Insurance
Specialist insurer Life Company Consolidation Group (LCCG) has agreed to acquire UK's mutual life insurer Equitable Life. The transaction is expected to complete towards the end of 2019.   18 June 2018
Insurance
The US re/insurance market is grappling with many complex challenges at the moment but consolidation and insurtech are the biggest, Alan Levin, vice chair at law firm Locke Lord, told PCI Today.   30 October 2018
Insurance
An increase in losses from unmodelled non-catastrophe events has again illustrated the need for rate increases, Mohit Pande, head of US global property underwriting, Swiss Re, told PCI Today.   30 October 2018
Insurance
State-owned reinsurer General Insurance Corp of India (GIC Re) on Aug. 7 filed for an initial public offering (IPO) to be listed on the Bombay Stock Exchange and the National Stock Exchange of India.   7 August 2017
Insurance
The new UK insurance group The Ardonagh Group which combines Towergate, Autonet, Chase Templeton, Ryan Direct and Price Forbes may be sold or listed on the stock exchange, the CEO reportedly told The Telegraph in an Aug. 6 report.   7 August 2017
Insurance
The Liberty syndicates at Lloyd’s will lead the reinsurance programme on one of the largest ever single project tunnelling and rail construction insurance policies ever.   23 April 2014
Insurance
Specialist reinsurance broker Capsicum Re has bolstered its cyber team with the appointment of Conrad Williams.   2 October 2017

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