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Insurance
A record-breaking catastrophe year 2017 has allowed Beazley to increase reinsurance prices by 3 percent in non-US business and 8 percent in US business at January 2018 renewals. 8 February 2018
News
Rates were at unsustainable levels before hurricanes Harvey, Irma and Maria and the Mexican earthquakes (HIMM) hit in September, 13 November 2017
News
Nikolaus von Bomhard, the chief executive of Munich Re, has revealed plans to step down from both his position as CEO and from the supervisory board of Munich Reinsurance Company. 15 March 2016
Insurance
Bermuda-based Randall & Quilter (R&Q) is growing in legacy acquisitions and programme underwriting management and CEO Ken Randall prepared the market for upcoming new transactions. 30 April 2018
Insurance
The Chartered Insurance Institute (CII) has partnered with the insurance authority of United Arab Emirates to establish an education programme in Abu Dhabi to boost professionalism in the UAE insurance sector. 13 March 2017
Insurance
Verisk, the data analytics provider, has launched a new personal lines flood insurance programme, which is designed to make flood coverage more widely available to homeowners anywhere in the contiguous US. 12 January 2018
Insurance
Bermuda-based Validus Holdings has completed the acquisition of Archer Daniels Midland (ADM) Company’s Crop Risk Services (CRS) business. 2 May 2017
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
Insurance
ACE Group has appointed Ashwin Kapoor as terrorism and political violence underwriter. 19 May 2015
Insurance
Berkshire Hathaway has registered an underwriting loss for its insurance operations as the retroactive reinsurance agreement with AIG weighs on results. 7 August 2017
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