News
Insurance
US-based Ryan Specialty Group (RSG) is establishing RT Specialty Buffalo, New York office, a new wholesale brokerage unit, at the current location of acquired managing general agent (MGA) LoVullo Associates. 10 April 2017
Insurance
Bermuda-based Validus Holdings has named Kean Driscoll as the president of the company. 11 May 2017
Insurance
London-based reinsurance, wholesale and specialty broker Ed is looking to become a "significant independent player" in the Bermuda marketplace which has been dominated by a few big brokers, according to Chris Bonard, chief executive of Ed in Bermuda. 25 June 2019
Insurance
AXA France has made a financial offer to its 15,000 restaurant customers whose business interruption policies did not pay out for business lost during the lockdown. 11 June 2021
Insurance
Munich Re has benefitted from low major losses in the first quarter of 2018, lifting its net profit to €827 million from €557 million in the first quarter of 2017. 8 May 2018
Insurance
Aon has partnered with insurtech firm Skytek to monitor insurers’ marine risks and identify areas that require enhanced underwriting and reinsurance in real time.The development was driven by the rise of major container ports and mega ships, which expose re/insurers to risk accumulation during a catastrophe. To manage this risk monitoring vessel movements and estimating cargo accumulation has become critical for insurers. 5 March 2019
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has acquired a majority interest in Zurich, Switzerland-based Hesse & Partner and Hesse Consulting GmbH. 12 June 2018
Insurance
Lloyd’s estimates record $4.3bn COVID-19 loss, total projected loss to the insurance industry at $203bn in 2020 alone. 14 May 2020
Insurance
Comparison Creator, a software development company specialising in product comparison, said on Aug. 14 that it launched a platform called Protect Your Gadget. 14 August 2017
Insurance
ESG (environmental, social, corporate governance) factors present unique challenges for participants in the insurance sector. Unexpected claims, regulatory requirements and investor demands are just three challenges it faces. 1 June 2022
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