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Changes from Washington DC in the form of trade, taxes, infrastructure and regulation could alter the dynamics of the commercial insurance market that have sustained prolonged soft market conditions, according to a Willis Towers Watson report. 21 April 2017
Insurance
While the results as reported by reinsurers show a declining trend, the underlying results, taking into account average cat losses, show how tight profitability in the sector really is, according to the most recent Reinsurance Market Report by Willis Re. 21 April 2017
Insurance
“Carriers—in fact the entire insurance vertical—have been caught off-guard by the need for high-resolution, relevant exposure data,” says Jason Futers, chief executive officer of Insurdata. 11 September 2019
Insurance
Zego, the provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has raised £1.225 million in seed funding from investors led by LocalGlobe. 19 July 2017
Insurance
Premium growth at Lloyd's of London is likely to slow and may even decline in 2017/18 as competition intensifies and economic growth remains tepid, according to a Moody's Aug. 31 report. 31 August 2017
Insurance
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan, has strengthened its regional team in Europe with the appointment of Hans van Oort as managing director of Benelux operations. 1 June 2017
Insurance
Prague headquartered VIG Re aims to strengthen its underwriting activities in Germany and to enter additional countries mainly in continental Europe, according to the company’s 2016 annual report. 1 June 2017
Risk Management
The virtual Airmic Fest aims to offer the best qualities of a live event, but in an online format. 15 September 2020
Insurance
Increasing rates may not be enough, experts from CyberCube and Aon argue in a new white paper. 14 September 2020
News
Pricing on many lines of business continued to soften in the June 1 and July 1 renewals on the back of intense competition though price increases were recorded on treaties hit by losses, especially in Australia and New Zealand, according to Hannover Re, commenting in relation to its first half results. 10 August 2017
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