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The growth of the economy in the Latin American region is, on average, now very modest and cannot compensate for the continuing downward trend for most lines of insurance in terms of pricing, especially, those that are property linked such as property, terrorism, marine and power generation. 16 November 2015
Insurance
Tokio Marine Europe, which will become Tokio Marine Kiln later this year, has appointed Zurich’s head of property lines for global corporate business as its chief underwriting officer. 24 April 2014
Insurance
Specialist insurer Beazley has opened an office in the Dubai International Financial Centre (DIFC) to underwrite political risk, trade credit, terrorism, political violence, and contingency insurance. 3 December 2014
Insurance
The aviation insurance market faced further upwards pricing pressure in the first half of 2018 driven by “on-going underwriting discipline and three-tier market conditions,” according to the JLT’s most recent Airline Insurance Market Update. 18 July 2018
Insurance
Brit, the global specialty insurer, has now completed its move to The Leadenhall Building on Leadenhall Street, London EC3V. 17 February 2016
Insurance
Greg Case, the chief executive of Aon, has defended the broker’s controversial sidecar deal with Berkshire Hathaway last year and said the facility has been a resounding success with clients despite a mixed reaction to it in the wider markets. 11 April 2014
Insurance
Re/insurer Brit has invested in Ambridge Partners, a managing general underwriter (MGU) of transactional insurance products and a key trading partner of Brit for the past nine years. 24 September 2015
Insurance
As Prime Minister Theresa May is set to announce more detail on preparations for Brexit negotiations in her keynote speech today, the Chartered Insurance Institute (CII) has urged the Government to make an early commitment to transitional arrangements following the UK’s departure from the EU. 17 January 2017
Insurance
Reinsurers and large insurers are at risk of being hit by unexpectedly large losses stemming from a large cyber attack on a par with substantial hurricane losses in the US—because they do not understand their aggregations to this exposure. 16 October 2017
Insurance
London market insurers will continue to face pressure on their underwriting margins due to fierce competition, according to a new report by Fitch Ratings. 18 December 2015
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