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Skuld, a protection and indemnity (P&I) club for Scandinavian shipowners grew profitability in the 2016 financial year ending February 20, 2017 as the frequency of regular claims remained low and due to a “strong” return on investments. 12 May 2017
Insurance
The credit quality of Western European insurers and reinsurers has been stable over the past 12 months, despite a difficult period of low investment yields, a competitive environment, particularly for reinsurers with an abundance of capacity, and challenges to meet shareholders’ expectations, according to AM Best. 30 January 2017
Insurance
Specialist reinsurance broker Capsicum Re has expanded its cyber team with the appointment of Patrick Bousfield and Jane Palmer as brokers, and Alice O’Dwyer-Smith as account manager. 27 July 2016
Insurance
Specialist insurer Beazley has appointed Najib Bousakr to spearhead the growth of its specialty lines business in Latin America. 17 March 2017
Insurance
Bermuda-based Ironshore has expanded its mergers and acquisitions (M&A) capabilities with a team of new hires in the Americas and extended cover capacity. 17 March 2017
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Specialist Lloyd's underwriter Marketform has completed a strategic review of the underwriting area of its business and has confirmed which lines it is committed to going forward. 29 March 2016
News
ISO, a provider of information about property/casualty insurance risk, has launched a series of inland marine insurance forms to help protect businesses from liabilities associated with the potential crashes of commercial drones including damage to the drones, their equipment, and their cargo. 29 March 2016
Insurance
Given some of the headlines and predictions of big rate hikes in the aftermath of the 2017 cat losses in the US, most buyers will be pleased with what remains a relatively stable environment for rates as they head to Monte Carlo, Mark O’Riordan, group reinsurance director at Ecclesiastical, told Monte Carlo Today. 9 September 2018
Insurance
Lloyd’s insurer Novae Group reported a loss in the first half of 2017 following the announcement that the business will be acquired by AXIS Capital Holdings. 2 August 2017
Insurance
Insurance technology expert Atticus Associates has released its data quality platform, Atticus DQPro, with global specialty insurer Brit. 26 May 2016
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