Articles
Insurance
The business environment is moving at an extraordinary pace, giving rise to more complex liabilities and leaving organisations uncertain about how to approach key issues such as threat monitoring, governance and cybersecurity, a five-part analysis of Airmic’s 2019 member survey has revealed. 4 June 2019
Insurance
General insurer RSA has posted a remarkable 221 percent increase in its post-tax profits, thanks to good underwriting results in what has represented a remarkable turnaround for the company that has faced significant challenges in recent years. 25 February 2016
Insurance
Zurich Insurance registered a net income of $912 million in the third quarter compared to $207 million in the same period of 2015. 10 November 2016
Insurance
Private US property/casualty insurers saw catastrophe losses suppressing the industry's net income after taxes to $36.1 billion in 2017, a 15.8 percent decline from a year earlier, according to Verisk unit ISO. 15 May 2018
Insurance
The severe El Nino effect expected next year presents a challenge for re/insurers, according to Edward Lines, deputy head of underwriting and property D&F division head for Chaucer, and Uwe Fischer, general manager, Chaucer Latin America. 28 October 2015
Insurance
Patriot National, a provider of technology and outsourcing solutions, has done a deal with Endurance Insurance that allows Patriot Underwriters, a subsidiary responsible for programme administration, to offer quotes on more than 700 general liability and property/marine classifications. 7 September 2015
Insurance
Parametric insurance and smart contracts technology could help insurers increase efficiency and improve customer experience, finds new reports by insurance and reinsurance marketplace Lloyd’s of London. 15 July 2019
Insurance
The Ethiopian Airlines crash on the 10 March 2019, and the subsequent worldwide grounding of the Boeing 737 Max fleet, “could cost aviation insurers over $1bn combined”, the broker AJ Gallagher has estimated. 16 July 2019
Insurance
Insurers and reinsurers issued approximately $2 billion in catastrophe bonds in the first quarter of 2016, up 35 percent from last year’s record result, according to the latest Catastrophe Bond Report by Verisk Insurance Solutions. 7 April 2016
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
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