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Insurance
LMG proposes free trade agreement to retain market access post-Brexit
The London Market Group (LMG) has published a proposal centred on a free trade agreement (FTA) that would enable the EU and UK to maintain access to their insurance markets and control over their regulatory systems after Brexit.   29 November 2017
Insurance
Lloyd's pays $1.7bn of $4.8bn claims commitment for HIM losses
The Lloyd's market has now paid $1.7 billion in claims for hurricanes Harvey, Irma and Maria (HIM).   29 November 2017
Insurance
UK non-life insurers to raise premiums to offset claims inflation
UK non-life insurers are set to increase motor and household premiums to counteract claims inflation, Fitch Ratings said on Aug. 24.   24 August 2017
Insurance
Skuld hires head of marine cargo and property
Skuld, a marine insurance provider, has appointed Paul Knighton as global head of marine cargo and marine property. He will join Skuld Syndicate 1897 in the summer.   19 January 2017
Insurance
Willis reshuffles China leadership
Broker Willis has reshuffled its leadership team in China with three appointments.   26 January 2015
Insurance
M6.7 earthquake hits major tourist destinations in Greece and Turkey
A magnitude 6.7 earthquake struck the Eastern Mediterranean at 22:31 UTC on July 20, 2017, impacting the Greek island of Kos and the Turkish city of Bodrum, along with numerous coastal towns in Turkey.   24 July 2017
Insurance
AmTrust worth more than double the offer price, says Icahn
Taking into consideration a Deutsche Bank valuation of AmTrust Financial Services, the insurer’s shares should be worth between $26.06 and $31.86, and not the $13.50 that is being offered to take the company private, billionaire investor Carl Icahn argued in a May 23 presentation.   23 May 2018
Insurance
Guy Carpenter revenues fall 20% in Q3
Marsh & McLennan’s (MMC’s) reinsurance unit Guy Carpenter has seen its revenues fall by 20 percent year on year in the third quarter of 2018 to $215 million.   25 October 2018
Insurance
Icahn sues AmTrust CEO, Karfunkel family over go-private deal
Activist investor Carl Icahn filed a lawsuit against AmTrust Financial Services and the family that controls the company, accusing them of trying to take the insurer private at the wrong time and at the wrong price, according to a Reuters May 21 report.   22 May 2018
Insurance
A Hurricane Andrew repeat would cost $56bn in the US: AIR
If Hurricane Andrew were to recur today the expected total industry insured losses, based on today's exposures, would be approximately $56 billion in the US, catastrophe risk modelling firm AIR Worldwide said on Aug. 21.   21 August 2017

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