Articles
Insurance
Monsanto has been ordered to pay $289 million damages to a man who claimed herbicides containing glyphosate had caused his cancer in a court ruling that sets worrying precedent for insurers, according to law firm Clyde & Co. 14 August 2018
Reinsurance
Top executives from reinsurance broker Miller, CEO Greg Collins and executive chairman Ken MacDonald, outlined the reasons behind its recent acquisition by Cinven and GIC, and how this will support its plans for expansion. 1 December 2020
News
Reinsurance Group of America has posted a poor set of first quarter results, that according to the chief executive officer, did not live up to expectations. 25 April 2014
Insurance
Lockton Companies has acquired the Glasgow general insurance business of Griffiths & Armour as it builds on its investments in the Scottish corporate insurance market. 6 October 2014
Insurance
New York-based Mutual insurer of US municipal bonds Build America Mutual (BAM) is expanding its claims-paying resources by $100 million through a collateralized reinsurance agreement with Fidus Re, a special-purpose insurer created solely to provide collateralized reinsurance protection to BAM. 17 April 2018
Insurance
Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl. 17 May 2019
Insurance
Two large typhoons in Japan as well as earthquakes and heavy rainfall experienced in Japan have recently revealed the growth potential for business interruption cover in the country’s commercial insurance market, Ken Motoda, president of AGCS Japan, the local unit of Allianz’s commercial insurer, told SIRC Today. 31 October 2018
Insurance
Specialist Lloyd's insurer Neon has appointed Brian James as class underwriter for cargo, and Richard Mander as class underwriter for marine liability. 27 September 2017
Insurance
The overall impact of catastrophe losses on property rates was muted at the January 1, 2019 reinsurance renewals, according to Guy Carpenter. 14 January 2019
Insurance
A new state-backed reinsurer in Russia will hit the long-term growth potential of global reinsurers in the country, which will be forced to cede a percent of premium to the new entity even on existing long-term treaties. 7 December 2016
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