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Insurance
Specialist managing general agent (MGA) and Lloyd’s coverholder Ensurance has extended its terrorism and sabotage insurance to the US and Australian markets ahead of schedule. 23 July 2019
Insurance
Insurer Aviva has appointed Jason Storah as new chief executive of its Canadian business, replacing Colm Holmes. 11 June 2019
Insurance
Florida-based Universal Insurance Holdings is passing the expected $300-350 million gross losses and loss adjustment expenses from hurricane Michael almost entirely to its reinsurance panel. 25 October 2018
Insurance
Global commercial insurance prices rose in the second quarter of 2018 for the third consecutive quarter, according to Marsh. 9 August 2018
Alternative Risk Transfer
Some of the bigger ILS funds are well down the road towards securing ratings—a move that will see them complete their journey from nimble newcomers to occupying a central ground and competing with traditional players on their own turf. This could be a game-changer for the market, as Intelligent Insurer reports. 23 July 2018
Insurance
Netherland-based insurer Aegon has completed its divestment transaction with Wilton Re, a company focused on the North American life insurance market. 29 June 2017
Insurance
Private auto net incurred losses will increase by nearly 7 percent in 2017 to a new record of approximately $154 billion, reflecting elevated volume and costs of claims, according to the third annual US Property & Casualty Insurance Market Report by S&P Global Market Intelligence. 29 June 2017
News
French reinsurer SCOR wants to grow its property/casualty portfolio in the US, particularly casualty business. But, stung by the mistakes of the past, it is proceeding with caution, Victor Peignet, CEO of SCOR Global P&C, told Intelligent Insurer. 19 February 2018
Insurance
Broker Willis Towers Watson has hired Mark Hiles to assume the role of head of power and utilities for the Central and Eastern Europe, Middle East and Africa (CEEMEA) region. 14 March 2019
Insurance
Chris Fischer Hirs will step down as CEO from November 30, 2019. 15 November 2019
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