News
News
Record losses from the 2017 hurricane season have failed to trigger the rate increases the industry had hoped, with many experts and reports based on analysis of the recent renewals now suggesting that low rates may be here to stay. 29 January 2018
Insurance
Alesco Risk Management Services, a specialist insurance and risk management broker, has expanded its energy division with the appointment of two new partners. 29 January 2018
Insurance
The recent US tax change and the significant natural catastrophe losses that hit the market in 2017 are expected to trigger consolidation in the re/insurance sector with a particular focus on Bermuda. 26 January 2018
Insurance
Trade credit insurers are expected to pay some £31 million to help firms in the supply chain recover from the collapse of UK construction company Carillion, according to the Association of British Insurers (ABI). 25 January 2018
Insurance
American International Group (AIG) has appointed Lockton executive Timothy DeSett as head of field operations, North America general insurance. 25 January 2018
Insurance
Composite Legal Expenses, a wholly owned subsidiary of AmTrust, has agreed to buy the business and assets of York-based firm General Legal Protection. 25 January 2018
Insurance
Ascent Underwriting, a specialist managing general agent underwriting on behalf of a number of Lloyd's Syndicates, has been acquired by mid-market private equity firm Preservation Capital Partners. 25 January 2018
Insurance
Bermuda's major re/insurers will report elevated combined ratios for 2017, averaging around 108 percent to 109 percent, according to Fitch Ratings. 24 January 2018
Insurance
Ryan Specialty Group (RSG) has promoted Reza Khan to CEO and president of ThinkRisk Underwriting Agency and CorPro Underwriting Managers. 23 January 2018
Insurance
American International Group’s (AIG’s) plan to take over Bermuda-based Validus Holdings has triggered positive comments from market observers. 23 January 2018
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