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Insurance
A hypothetical magnitude 7.0 earthquake epicentered in Oakland would damage more than a million homes and less than 10 percent of total residential losses would be insured because of a low residential earthquake insurance take-up in the Bay Area, according to a scenario developed by the US Geological Survey (USGS).   19 April 2018
California wildfires earnings event for re/insurers: S&P
Insurance
S&P Global Ratings expects the insured losses from wildfires in northern and southern California to be contained as an earnings event and for the reinsurance sector to be able to absorb the impact from these fires as well as recent hurricanes although catastrophe budgets will be strained.   19 November 2018
Berkshire Hathaway gets Dubai license; taps AIG/AXA execs
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has opened a new office in the Dubai International Financial Centre (DIFC), while naming Alessandro Cerase as its senior executive officer (SEO) and Neeraj Yadvendu as deputy SEO and head of third party lines for the Middle East.   12 February 2018
Insurance
The continued pressure on rates despite recent losses seems to dominate re/insurers’ concerns ahead of renewals.   30 October 2018
Insurance
Thirty-Nine US technology companies and twenty UK-based companies have been named on the InsurTech 100 global list of innovative companies by research firm FinTech Global.   12 October 2018
Insurance
Insurance claims administrator Charles Taylor Third Party Administration (CTTPA) has appointed Dina Gumins to the newly-created role of director of strategy and performance.   16 August 2017
Insurance
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon, has appointed Leonora Siccardi as EMEA and UK head of client services.   20 October 2017
Insurance
2018 is set to be the most costly catastrophe year for Asia-Pacific since 2011, leading to potential rate hardening at renewals, but the impact is likely to be restricted to countries hit directly by losses, Michael Reynolds, global chief executive officer of JLT Re, told SIRC Today.   30 October 2018
Insurance
Insurance broker Lockton has appointed Said Taiym as executive vice president and chief digital officer.   17 April 2018
News
European re/insurers are leading the charge towards forcing the eventual abdication of 'king' coal. How successful will the industry be in toppling the age-old monarch of fossil fuels, and why are climate campaigners still frustrated? Intelligent Insurer investigates.   9 April 2020

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