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When the floods came
Insurance
In the winter of 2015-16 there were unprecedented levels of flooding across the north of the UK, with thousands of homes and businesses affected. Intelligent Insurer investigates the issues of modelling, flood defences and some possible implications for insurers.   23 February 2016
Insurance
LCL Acquisition, the subsidiary of Charles Taylor, has completed the sale of its holding in Bestpark International, an insurance company in run-off, to Ashbrooke Financial Group.   23 February 2016
Insurance
Aon Hewitt, the global talent, retirement and health solutions business of Aon, has appointed Michael Walker to its Risk Settlement Group as a principal consultant.   22 February 2016
News
RenaissanceRe (RenRe) has announced a number of changes to its board that will come into effect after its annual general meeting (AGM) of shareholders in May.   22 February 2016
Insurance
Independent insurer Towergate has appointed Pat Butler as a non-executive director.   22 February 2016
Insurance
National Insurance Co, the state-owned general insurance company in India, has appointed K Sanath Kumar as chairman cum managing director (MD) until April 30, 2018.   22 February 2016
Insurance
Allianz Group achieved strong results in 2015 with its operating profit rising to €10.7 billion largely driven by a good fourth quarter. Its net income also increased to €6.6 billion compared with €6.2 billion a year earlier.   19 February 2016
Insurance
ERS, the specialist motor insurer and Lloyd’s managing general agent (MGA) has reported a dip in its 2015 profits – down to £6 million, compared with £8.3 million in 2014.   19 February 2016
Insurance
Insurance company Lancashire Holdings has reported a fall in profits for 2015, affected by high losses in its energy sector.   18 February 2016
Insurance
Impact Forecasting, Aon Benfield’s catastrophe model development team, has licensed its loss calculation platform ELEMENTS to both MS&AD Insurance Group Holdings, the Japanese insurance company and its group company InterRisk Research Institute & Consulting.   18 February 2016

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