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Insurance
The capacity for the forthcoming Indian entity will be provided by Markel’s Syndicate 3000 at Lloyd’s and written through the Lloyd’s India platform, based in Mumbai. 24 July 2017
Insurance
The performance of the commercial automobile insurance segment in the US has lagged that of other property/casualty (P&C) industry sectors for several years and continued to deteriorate through the third quarter of 2017, according to AM Best. 19 January 2018
Insurance
The implementation of the new accounting standard IFRS 17 may cost between £1bn – £2bn in the UK, said Nic Nicandrou, chief financial officer of Prudential. 1 June 2017
Insurance
Gabi, which provides a free, online "personal insurance shopper," has raised $9.5 million in Series A funding, led by Canvas Ventures, to accelerate its nationwide expansion in the US in 2018. 22 February 2018
Insurance
Lloyd's of London specialist insurer Beazley has received authorisation from the Central Bank of Ireland to convert its Dublin-based reinsurance company into an insurance company permitted to transact business throughout the European Union. 13 July 2017
Insurance
Risk management is no longer an isolated backroom function; it has become more of a core part of businesses and the expectations of risk professionals have risen as a result, Drew Hart, risk manager Europe for Marriott International, told Airmic Today. 3 June 2019
News
While reinsurance is facing challenging times in property/casualty (P&C), the environment for life & health reinsurance is looking increasingly attractive. 9 October 2017
Insurance
Swiss Re has reached an agreement with Japanese insurance group MS&AD for an investment into ReAssure, its closed book business, of up to ₤800 million. 6 October 2017
Insurance
Specialist Lloyd’s broker Price Forbes Holdings said July 3 that it is entering the Chilean market by acquiring an equity interest in reinsurance broker Cooper Gay Chile. 3 July 2017
Insurance
Charles Taylor-managed Standard Syndicate 1884 has appointed Steve Robson to the role of claims director, responsible for developing the Syndicate’s claims capabilities within the London market. 3 July 2017
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