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Bermuda-based holding company James River Group (JRG) has announced that its profits increased by 16.7 percent in 2016 compared to 2015. 16 February 2017
Insurance
CNA, the commercial insurance provide, has appointed Scott Weber to fill a newly-created senior vice president (VP) role within its worldwide property and casualty (P&C) claim unit. 16 February 2017
Insurance
If California’s Oroville Dam were to fail completely, 50,047 single- and multi-family residential homes could be damaged with an estimated reconstruction cost value (RCV) of $13.3 billion, according to CoreLogic, a data and analytics provider. 16 February 2017
Insurance
XL Catlin has entered into a definitive agreement to acquire Brooklyn Underwriting and Brooklyn IT (Brooklyn) from Paul Hines, their beneficial owner. 16 September 2016
Insurance
Global Parametrics (GP), a for-profit, social venture, has secured additional funding for a new initiative which will increase access to disaster protection in developing countries against the impacts of climate change with support from the UK government. 3 April 2017
Insurance
ICAT, a provider of property insurance to businesses and residences in hurricane and earthquake exposed regions of the US, has appointed Megan McConnell as active underwriter for Syndicate 4242 at Lloyd’s. 16 December 2013
Insurance
Alesco Risk Management Services has appointed Simon Clarkson as an executive partner in its energy division, effective December 2016. 16 November 2016
Insurance
Economic losses caused by wind, storm surge, and inland flood from Hurricane Harvey could be as high as U.S. $70-90 billion, according to data provider RMS. 31 August 2017
Insurance
The UK's Justice Select Committee has indicated in a report published on November 29 that it needs more evidence into claimant behaviour before it can approve the proposed reforms to the Ogden discount rate. 1 December 2017
Insurance
Global mergers and acquisitions’ activity has been “well below average levels recorded in the 2000s-era” in terms of both deal value and deal count, CreditSights analysts said in an Oct. 29 research note. 30 October 2017
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