Articles
Insurance
Wildfire risk is considered a “new major peril” by reinsurers after the heavy losses of recent years. But the industry has a much better understanding of this risk following investments in risk models and better education about the nature of the risk. 20 October 2019
Insurance
Citizens Property Insurance Corporation, a Florida-based windstorm coverage and general property insurance firm, has informed customers that there are some “important policy contract changes” coming up for Citizens multi-peril residential policyholders starting July 1. 1 June 2016
Insurance
Commercial insurance prices increased by 2 percent in Q4 2018, the steepest increase since Marsh began its Global Insurance Market Index in 2012, and the fifth consecutive quarter of average increases. 26 February 2019
Insurance
Economic losses from the wildfires impacting Sonoma, Napa, Solano, Lake, and Mendocino counties are estimated at between $6 billion and $8 billion, according to catastrophe risk modelling firm RMS. 30 October 2017
Insurance
Advent Solutions Management (Advent), a specialist provider of support services for start-ups, entrepreneurs and managing general agents (MGAs), has unveiled plans to create a multi-discipline insurance business with gross assets of $100 million. 19 April 2016
Insurance
Brokerage and risk management firm Integro Insurance Brokers has hired Carol Roberts to lead its global super yacht specialty offering, based in New York. 9 August 2017
Insurance
Bermuda-based Validus Holdings has named Kean Driscoll as the president of the company. 11 May 2017
Insurance
Broker Willis Towers Watson has appointed James Jackson as the new head of FINEX Financial Institutions for Great Britain. He was previously a regional leader within the US FINEX FI team. 10 July 2017
News
Brazil’s major reinsurer IRB Brasil Resseguros has filed for an initial public offering in the São Paulo Stock Exchange. 10 July 2017
Insurance
Sir Mark Wrighston is set to step down from Amlin’s board following the next annual general meeting in May. 2 March 2015
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