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Insurance
Australia’s insurer Suncorp has reported natural hazards of A$395 million ($313.9 million) between July and December 2016, which is A$65 million above the allowance for the period, driven primarily by the Victorian hail storm. 15 February 2018
Insurance
Brit Global Specialty USA (BGSU) has affirmed its commitment to the US Yacht market after media reports saying that Brit Global Speciality, Lloyd’s syndicate 2987, ended its yacht insurance business lines. 15 August 2018
Insurance
Ratings agency S&P Global has lowered its long-term counterparty credit and senior unsecured debt ratings on Markel Corporation to 'BBB' from 'BBB+' following its recent M&A activity. The outlook is stable. 28 July 2017
Insurance
Munich Re has reorganised its health business after disappointing performance and reduced the size of its management board. 27 January 2017
Insurance
Positive prospects for the global economy in 2018 are going to boost the marine insurance business, according to International Union of Marine Insurance (IUMI) president Dieter Berg. 13 March 2018
Insurance
Australia’s QBE has warned the markets that it expects to report a full year 2017 after tax loss of around $1.2 billion due to catastrophe losses, reserve strengthening and write-downs. 23 January 2018
Insurance
Specialist insurer Beazley has strengthened its international specialty lines teams across Europe with a series of hires from Aon, Chubb and Tokio Marine, among others. 23 January 2018
Insurance
UK law firm Bond Dickinson has strengthened its expertise in the insurance sector with the appointment of Jonathan Drake as a partner for its commercial insurance team based in London. 28 November 2014
Alternative Risk Transfer
Broker Willis Towers Watson is integrating its insurance linked securities (ILS) business into its reinsurance unit Willis Re. 4 May 2018
Insurance
Blockchain technology company Bitfury Group and risk and insurance advisory firm Risk Cooperative have entered into a strategic partnership to drive blockchain applications in the $60 billion insurance intermediation market. 19 June 2017
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