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Insurance
The Association of British Insurers (ABI) has become embroiled in a row with British Airways (BA) over who should foot what could be a hefty bill relating to compensation resulting from the airline’s recent computer systems outage, which affected 75,000 passengers. 5 June 2017
Insurance
The capacity for the forthcoming Indian entity will be provided by Markel’s Syndicate 3000 at Lloyd’s and written through the Lloyd’s India platform, based in Mumbai. 24 July 2017
Insurance
Hannover Re grew gross written premium in property and casualty (P&C) reinsurance by 19.2 percent year on year to €6.47 billion in the first half of 2018. 9 August 2018
Insurance
Peers should look at how the situation arose at insurance and reinsurance specialist Dewey & LeBoeuf which led to its demise and take heed. 29 May 2012
Insurance
Property/casualty insurer Chubb has enhanced its financial lines covers in the UK and Ireland. 8 May 2017
Insurance
Insurers are preparing for a surge in demand for cyber cover in personal lines as the awareness of the risk grows in the population and cybercrime cases jump. 16 June 2017
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has promoted James Boyce to deputy CEO, global specialties. 6 September 2017
Insurance
Specialist re/insurance broker BMS Group has launched a new European venture, BMS Iberia, under former Marsh Spain and Aon executives. 6 September 2017
Insurance
American International Group (AIG) expects double-digit rate increases across the property market while the costs of the California wildfires are estimated at around $500 million before taxes. 6 November 2017
News
The percentage of non-life catastrophe reinsurance ultimately covered by some form of insurance-linked securities (ILS) will double over the next four years, to the point this form of risk transfer could represent a third of the total market. 23 April 2013
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