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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
Rating agency AM Best has a negative outlook on the UK’s non-life market as the negative impact from the challenges the UK sector is facing is likely to last. 21 March 2018
Insurance
Reinsurance capacity has reached a new peak in 2016 and is likely to further contribute to price declines, according to research by broker Aon Benfield. 6 April 2017
Insurance
Global insurer RSA has become a member of the Managing General Agents’ Association (MGAA). 13 July 2012
Insurance
Probitas 1492, an insurance and reinsurance syndicate at Lloyd's specialising in property, construction and casualty, appears to have found a new backer to replace the capacity provided by the troubled Istmo Re. 14 July 2017
Insurance
Property/casualty insurer Chubb has made several new leadership appointments within its global casualty and excess casualty lines of business for North America major accounts division, which serves large US and Canadian-based companies for complex global risks. 14 July 2017
News
Pool Re, the mutual reinsurer that provides terrorism cover for commercial property in the UK, has appointed Maurice Tulloch as non-executive director. 30 April 2015
Insurance
The Reinsurance Association of America (RAA) has reported an increase in the gross written premiums of the biggest reinsurers in the US on an aggregate basis in the second quarter of 2016 but their profits dropped in the period compared with the same period a year earlier. 24 August 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
Kingstone Companies, a property/casualty insurer, has sold 595,238 newly issued shares of common stock to RenaissanceRe Ventures, a subsidiary of RenaissanceRe, in a private placement. 19 April 2016
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