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Insurance
The London insurance market is 'overly complex' and is losing relevance to its customers in the energy industry, with product that fail provide value for money. 14 November 2017
Insurance
CFC Underwriting, a Lloyd's managing general agent (MGA), has appointed Neil Beaton to build a new team focused on developing a suite of products for financial institutions. 14 November 2017
Insurance
A magnitude 6.5 earthquake shook the Central Valley of Costa Rica at 8:28pm local time on Sunday November 12, causing minor damage in the Puntarenas region of the Pacific Coast. 14 November 2017
News
While reinsurers and brokers discuss the return of a market cycle most buyers just want a quiet life with no surprises—assuming they don’t feel underinsured in light of the recent hurricanes or cyber losses that have the potential to cause them sleepless nights. Intelligent Insurer reports. 18 October 2017
Insurance
Re/insurer XL Group is to acquire a 20 percent stake in India’s Mahindra Insurance Brokers (MIBL), according to an Oct. 16 press release. 17 October 2017
Insurance
The 15 large wildfires active across California have so far resulted in a death toll of more than 40 while burning more than 217,000 acres and destroying an estimated 5,700 structures, catastrophe modelling firm AIR Worldwide said on Oct. 16. 17 October 2017
Insurance
Aviva said on Oct. 17 that it has completed a £600 million bulk annuity deal for the pension plan of learning company The Pearson. 17 October 2017
Insurance
US wholesale distributor of specialty insurance AmWINS Group said on Oct. 16 that it is acquiring 15 insurance programmes from brokerage Willis Towers Watson. 17 October 2017
Insurance
Bermuda-based Aspen Insurance Holdings said on Oct. 16 that it expects to record an underwriting loss of approximately $340 million in the third quarter of 2017. 17 October 2017
Insurance
Charles Taylor-managed Standard Syndicate 1884 has appointed Ian Smith to the role of hull class underwriter, and Courtney Naylor as head of reinsurance. 17 October 2017
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