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Re/insurer XL Catlin has appointed Karl Fischbach as head of binding authority and brokerage for its excess and surplus (E&S) insurance operation. 22 March 2017
Insurance
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group, has appointed Jennifer Schaeffer as senior vice president to further builds its specialty expertise in the West US. 29 June 2017
News
Rates were at unsustainable levels before hurricanes Harvey, Irma and Maria and the Mexican earthquakes (HIMM) hit in September, 13 November 2017
Insurance
Atlanta-based Crawford & Company, a provider of claims management solutions, has appointed Rohit Verma as global chief operating officer. He will report directly to Harsha Agadi, president and CEO of Crawford. 27 June 2017
Insurance
The global reinsurance market remains challenged by various market forces that will continue to shape the landscape over the near term. The recently announced acquisition of Validus Re by AIG is just the latest chapter in the evolution of the traditional reinsurance model, where specialty focused businesses seek shelter as part of a significantly larger globally diversified enterprise. 2 February 2018
Insurance
A growing understanding of the threat of flood and the need for insurers to better cover this risk has led JBA Risk Management, a specialist in mapping and understanding flood risk globally, to launch a new office in Singapore. Two of the company’s directors explain why to Intelligent Insurer. 19 October 2016
Insurance
Natural disasters across the world caused significantly lower losses than usual in the first half of 2018 at around $33 billion, according to Munich Re. 11 July 2018
Insurance
Gen Re, a Berkshire Hathaway company, has entered a strategic partnership with London-based insurtech firm iXledger (formerly InsureXTechnologies) to develop solutions for life and health insurance utilising blockchain technology. 29 August 2017
Insurance
The insured property losses caused by the earthquake which hit Central Italy on August 24 is expected to be €34 million, as estimated by catastrophe insurance data provider PERILS. 5 October 2016
Insurance
Beazley enjoyed strong growth overall in the first nine months of 2017 but its reinsurance division shrank as the company reduced it because of continued rate decreases – a trend it expects to reverse on cat business, at least, because of the recent heavy losses in North America. 9 November 2017
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