Articles
Insurance
Independent insurance broker Jelf has confirmed it is in talks with UK firm Marsh about a possible takeover. 19 August 2015
Insurance
As the reinsurance industry and the risks it manages become ever more complex, collaboration will be increasingly important to reinsurers’ success, Eric Schuh of Swiss Re told Monte Carlo Today. 10 September 2019
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has signed a definitive agreement to acquire 100 percent of the equity interests of Pronto Holdco, the parent company of Pronto Insurance. 11 May 2018
Insurance
While a lack of severe or market-changing losses as a result of some of the recent hurricanes including Hurricane Matthew will be a relief to many of the reinsurers attending Baden-Baden this week, this cannot mask the more fundamental challenges they face, Clive O’Connell, partner, head of insurance and reinsurance at law firm McCarthy Denning, told Baden-Baden Today. 23 October 2016
News
A severe global ransomware attack could cost as much as $193bn and affect more than 600,000 businesses worldwide, yet only 14 percent of this cost is insured, research has revealed. 30 January 2019
Insurance
“The whole market wants Lloyd’s to succeed and it is widely recognised that Lloyd’s unique attributes are more relevant than ever today. We are not underestimating the size of the challenge ahead of us,” Daniel Revilla, head of Latin America at Lloyd’s, told FIDES Today. 10 September 2019
Insurance
Rating based on improved underwriting earnings diversification; outlook stable. 19 November 2019
Insurance
Markel Corporation said on Oct. 11 that it expects to report third quarter pre-tax underwriting losses of $503 million, net of reinstatement premiums, from Hurricanes Harvey, Irma and Maria as well as the Mexico City earthquakes. 12 October 2017
Insurance
Zurich Insurance Group has seen growth in its property/casualty (P&C) business in Latin America and Asia Pacific, but this expansion was offset by actions focusing on profitability in North America. 9 May 2018
Insurance
Corporate insurance rates are enjoying healthy rate hikes, which should put Swiss Re Corporate Solutions back on track after some difficult years, and reinsurance rates are seeing smaller increases—but the overall outlook for the industry is a positive one. 8 September 2019
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