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Insurance
Trade credit insurers are expected to pay some £31 million to help firms in the supply chain recover from the collapse of UK construction company Carillion, according to the Association of British Insurers (ABI). 25 January 2018
Insurance
American International Group (AIG) has appointed Lockton executive Timothy DeSett as head of field operations, North America general insurance. 25 January 2018
Insurance
Composite Legal Expenses, a wholly owned subsidiary of AmTrust, has agreed to buy the business and assets of York-based firm General Legal Protection. 25 January 2018
Insurance
Ascent Underwriting, a specialist managing general agent underwriting on behalf of a number of Lloyd's Syndicates, has been acquired by mid-market private equity firm Preservation Capital Partners. 25 January 2018
Insurance
Rates will likely continue to increase through 2018 as opposed to fizzling out, S&P Global Ratings has suggested in a new report. 25 January 2018
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has hired executives from QBE and Barbican to boost its leadership team. 25 January 2018
Insurance
While the US property/casualty (P/C) insurance sector passed the ‘capital test’ in 2017 in the wake of record catastrophe losses, the real test will be how the industry fares if 2018 losses mimic last year's activity and if reserve development becomes unfavourable, according to a report from S&P Global Ratings. 25 January 2018
Insurance
Insurance broker Lockton has promoted Debbie Goldstine to executive vice president and US casualty leader. 25 January 2018
Insurance
Swiss Re's Global Business Solutions unit in India has signed a memorandum of understanding (MoU) with country’s National Insurance Academy (NIA), to collaborate as a technical partner on its academic activities and programmes. 25 January 2018
Insurance
Arity, a Chicago-based data start-up by insurer Allstate, has launched a new technology designed to help insurers price individual motor policies partly based on how distracted they are by mobile technology while driving. 25 January 2018
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