Articles
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
AXIS Capital is among the top five players in cyber globally by premium written, and the Bermuda-based insurer has appetite for more and plans to grow faster than the market in the coming years, as Dan Trueman, chief innovation officer and cyber unit head, tells Intelligent Insurer. 18 April 2018
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
Against a backdrop of low growth and lower interest rates in the US and European economies, insurers are looking overseas to Asia and in particular Hong Kong at M&A strategies to grow revenues and tap new technologies. 28 November 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
Insurance
Lloyd’s is set to achieve a profit of up to $23 billion this year—an increase of as much as 27 percent from 2009 if estimates are correct. 1 March 2010
Insurance
Senior vice president at Guy Carpenter, Keith Riley, has stepped down from his role and has entered retirement. 31 March 2017
Insurance
Marsh & McLennan Companies (MMC) has appointed Keith Walsh as the chief financial officer (CFO) of Marsh with effect from May 1, 2017. He will be based in MMC's New York headquarters, and report to the chairman of risk and insurance services Peter Zaffino, and to MMC CFO Mark McGivney. 31 March 2017
Insurance
Randall & Quilter (R&Q), the specialist non-life legacy insurance investor and capacity provider of US and European MGA programme business, has made a number of changes to its senior management team. The business said it wants to simplify its group structure. 8 January 2018
Insurance
Alesco Risk Management Services has appointed Simon Clarkson as an executive partner in its energy division, effective December 2016. 16 November 2016
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