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The wildfires still raging in California will be among the costliest wildfires on record for US P&C insurers and could cost the industry up to $6 billion, according to early industry estimates. 17 October 2017
News
Property monitoring technology makes data-driven underwriting easier and better informed than ever, as Shepherd CEO Stephen Chadwick explains to Intelligent Insurer. 11 October 2019
Insurance
The blockchain insurance industry initiative B3i is including 23 new members for its market testing programme. 2 October 2017
Insurance
Law firm RPC has named Simon Laird as head of insurance. He succeeds James Miller in the role, who was recently elected as the new managing partner. 14 February 2017
Insurance
Bermuda-based Arch Capital has announced that its full year 2016 results saw a slight rise in profits of just two percent from its 2015 results, despite significant premium growth. 14 February 2017
Insurance
Matt Hodges-Long, founder of insurtech start-up TrackMyRisks, has warned insurers to stop sending email attachments and start sharing information with their customers instead. 26 September 2017
Insurance
Some 11 bidders have thrown their hats in the ring to acquire the portfolio of Schwarzmeer und Ostsee Versicherungs AG (SOVAG), the Germany-based insurer, which is being restructured by Arndt Gossmann, the company’s chief executive since May this year. 11 September 2017
Insurance
The reinsurance sector is in the challenging later stages of a soft market, meaning conditions remain ripe for mergers and acquisitions (M&A), Robert DeRose, senior director of reinsurance at AM Best, told Monte Carlo Today. 11 September 2017
Insurance
US-based Markel Corporation has entered into a definitive agreement to acquire State National Companies, a specialty provider of property/casualty insurance operating in two niche markets - programmes services and lender services, for approximately $919 million. 27 July 2017
Awards
JLT Towers Re took the top spot of best reinsurance broker for expertise and market knowledge with revenues of less than $1billion with a score of 6.32 out of 10. 14 September 2014
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