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Insurance
A lot of insurers have been forced to reevaluate how much reinsurance they’re buying in the aftermath of the losses from hurricanes Harvey, Irma and Maria (HIM), Mike Schnur, partner at TigerRisk, told PCI Today. 17 October 2017
Insurance
Sompo International remains strongly positioned in the market, despite the losses from natural catastrophes that have hit in the third quarter of the year, David Bigley, executive vice president, chief underwriting officer and head of global catastrophe reinsurance at the company, told PCI Today. 17 October 2017
Insurance
Re/insurer QBE North America, a part of QBE Insurance Group, has appointed Jamie Luce as senior vice president (SVP) to lead the property/casualty commercial insurance business, and Julie Hespe as SVP, product leader. 4 April 2017
Insurance
A year after Flood Re went live, the number of insurance providers that signed up to the scheme increased to 60 from 16. 4 April 2017
News
Broker JLT said on Aug. 24 that its unit JLT Philippines signed a cooperation agreement with global reinsurer Munich Re to jointly develop and offer an insurance solution to cover typhoon/tropical cyclone risks for the Philippines. 24 August 2017
Insurance
Willis Towers Watson has strengthened its insurance consulting and technology business with the appointment of Neil Bruce and Tim Rourke. 9 October 2017
News
While reinsurance is facing challenging times in property/casualty (P&C), the environment for life & health reinsurance is looking increasingly attractive. 9 October 2017
Insurance
US property/casualty insurer The Hartford reported a net loss of $3.7 billion for the fourth quarter 2017, primarily due to a $3.1 billion loss on discontinued operations related to the agreement in December to sell Talcott Resolution and a $877 million charge due to the reduction in the US corporate tax rate. 9 February 2018
Insurance
Marine insurance provider Skuld has appointed Kristoffer Kohmann as the new head of its Oslo business unit Skuld Oslo 2. 30 June 2017
Insurance
Bermuda-based AXIS grew gross premiums written in its reinsurance segment by 62 percent year on year in the fourth quarter of 2017 excluding the Novae acquisition. 8 February 2018
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