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Insurance
The 2017 hurricanes Harvey, Irma and Maria (HIM) led to recorded estimated losses of $31.2 billion net of reinsurance costs for Bermuda re/insurers, according to the Bermuda Monetary Authority (BMA). 22 November 2017
Insurance
Norway's Protector Forsikring, the insurer on the London Grenfell tower block that has been devastated by fire killing at least 80 people, has raised its expected gross claims from the tragedy to £50 million in its second quarter results report. 10 July 2017
Insurance
The trend of buyers rationalising their reinsurance programmes—using fewer, bigger players with a broader reach—has benefited Berkshire Hathaway, Manfred Seitz, managing director of international reinsurance at Berkshire Hathaway, told Monte Carlo Today. 14 September 2015
Insurance
Specialist insurer Markel International has expanded its trade credit and political risk business to Canada. It will be underwritten by Markel Canada on Lloyd’s syndicate 3000 paper. 29 March 2017
News
As it approaches its second birthday, reinsurance broker Capsicum Re is poised to emerge from its building phase and start moving into the general market, Rupert Swallow, chief executive officer of Capsicum Re, tells Intelligent Insurer. 14 December 2015
Insurance
EPIC Insurance Brokers and Consultants, a retail property/casualty insurance brokerage and employee benefits consultant, has hired Nick Pedisich as a transportation industry-focused insurance broker/producer. 23 May 2017
Insurance
AXIS Capital posted solid profits in the third quarter of 2016 and some small growth in its overall gross written premiums despite its reinsurance book shrinking substantially. 27 October 2016
Reinsurance
AM Re has facilitated the introduction of Asian capacity providers to US risk a match that benefits both parties and which is going from strength to strength as a result, Shevawn Barder, the company’s chief executive, tells Intelligent Insurer. 3 July 2019
Insurance
Specialist Lloyd’s insurer Novae Group has hired Sarah Cracroft as marine trades underwriting manager. She will report to marine class underwriter Paul Hartley. 19 June 2017
Insurance
JLT Specialty USA, a US subsidiary of broker Jardine Lloyd Thompson Group, has hired former employee Molly Nolan as senior vice president to further build its specialty expertise in the Northeast. She will be based in Boston, and focus on broking and client development. 24 April 2017
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