News

Insurance

Insured loss estimates for Hurricane Dorian reach $5bn for US and Carribean, says cat modeller KCC

Catastrophe modelling firm Karen Clark & Company (KCC) has estimated that the total insured loss from Hurricane Dorian in the US and Caribbean will be close to $5 billion.   12 September 2019

Insurance

Thai Floods the turning point for understanding risk

David Masters, director at S&P Global Ratings, traces the increasing regionalisation of pricing back to the Thai floods of 2011.   12 September 2019

Insurance

BGC launches new aircraft finance solutions unit with Boeing hire

BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, has expanded its global aviation brokerage to include aircraft finance solutions.   12 September 2019

Insurance

RSA mergers UK and international commercial insurance operations; global risk solutions MD departs

RSA UK & International has merged its commercial risk solutions (CRS) and global risk solutions (GRS) businesses to create a single business unit focused on commercial lines.   12 September 2019

Insurance

Willis Towers Watson partners with Sompo to launch insurance platform for middle market real estate companies

Broker Willis Towers Watson (WTW) has entered into a strategic partnership with Sompo Global Risk Solutions (GRS), a part of Bermuda-based re/insurer Sompo International Holdings, to create an integrated insurance platform for the middle market commercial real estate segment.   12 September 2019

Insurance

Allianz Partners CEO Serge Corel joins insurtech start-up Cuvva

Insurtech startup Cuvva has hired former CEO of Allianz Partners, Serge Corel, as director of partnerships to play a key role in driving its future growth.   12 September 2019

Insurance

Growth based on market knowledge

VIG Re is mounting an expansion beyond its core markets based on its intimate knowledge of markets and its low cost ratio, chairman Johannes Martin Hartmann and Peter Thirring, member of the managing board, told Monte Carlo Today.   11 September 2019

Insurance

Aon, Munich Re Digital Partners join Insurtech UK alliance

Insurtech UK, an alliance of insurtech startups joined by associate members of the insurance industry and service partners, has added broker Aon and Munich Re firm Digital Partners as associate members.   10 September 2019

Insurance

Look at challenges as opportunities: Bruno Krenboeck, Axis Re

Reinsurers in Latin America face many challenges, but the best companies will turn these into opportunities and ultimately thrive, says Bruno Krenboeck of Axis Re.   10 September 2019

Insurance

HDI Global Specialty expands UK executive team in growth strategy

Specialty lines insurer HDI Global Specialty SE has expanded its UK executive team with the hires of Clare Constable as director of claims and Will Morris as director of underwriting for delegated authority.   4 September 2019

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