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Auto insurers could be hard hit by the flooding in Texas triggered by Hurricane Harvey, according to S&P Global Ratings, which has also warned that business interruption claims could be high. 29 August 2017
Insurance
Lancashire Holdings posted what it called a “disappointing loss” in the third quarter of 2018 as it absorbed the effects of another busy period in terms of catastrophe losses; its book also shrank significantly mainly because of reinstatement premiums and the timing of some large multi-year deals. 1 November 2018
Insurance
Nexus Underwriting, an independent specialty managing general agent (MGA), has signed a three-year underwriting capacity deal with XL Catlin in Asia through XL Insurance Company. 31 May 2016
Insurance
Most re/insurers now understand that a profitable future for their firms will increasingly depend on their ability to leverage technology and data analytics. Anders Ericson, chief executive of ActERM, explains to PCI Today how his unique perspective can help companies solve these challenges. 23 October 2016
Insurance
Re/insurer Brit has renewed and expanded the collateralised reinsurance capacity provided by the Bermuda domiciled special purpose insurer Versutus, in support of Brit’s property treaty portfolio for 2016. 13 January 2016
Insurance
New Zealand-based credit and financial risk re/insurer CBL Corporation is set to acquire US insurer Affirmative Direct Insurance Company for $5.7 million. 27 March 2017
Insurance
Broker Cooper Gay has appointed Peter Hacker as group chief innovation officer. He takes up his role with immediate effect reporting to Steve Hearn, Group CEO. 28 June 2016
Insurance
Augmented and Virtual Reality (AR and VR) technologies are creating new forms of risk and have the potential to generate potential losses to the value of $20 billion by 2020, according to a report from KPMG. 20 October 2016
Insurance
UK firm Fenchurch Law has released a legal service and cost coverage package for commercial and personal lines policyholders who have a claims dispute with an insurer. 27 July 2016
Insurance
RPC Consulting, the insurance consultancy arm of law firm RPC, has hired two executives from Willis Towers Watson to expand its consulting business in London. 12 December 2016
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