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Insurance
Investors fear that a major hurricane hitting Miami area could lead to around $100 billion or higher industry losses, analysts wrote in a Sept. 6 Morgan Stanley research note. 7 September 2017
Insurance
Private reinsurers should be far more exposed to a Hurricane Irma loss event than the primary insurers, according to a Sept. 5 Credit Suisse equity research note. 6 September 2017
Insurance
Reinsurance, wholesale and specialty broker Ed has been granted a commercial insurance intermediary license by the Guernsey Financial Services Commission. 6 September 2017
Insurance
Digital Partner, a unit of Munich Re, has entered into a partnership with insurtech company Drover to launch a tailor-made product for ride-sharing drivers and fleet owners. 6 September 2017
Insurance
Everest Insurance has appointed Debbie Weiser as the new leader of excess casualty within Everest Specialty Casualty. 6 September 2017
Insurance
Specialist insurer Beazley has appointed Andrew Mehrhoff as head of broker relations for its north central region in the US. 6 September 2017
Insurance
Irma’s insured damage in Florida could be the largest ever in the US, perhaps equivalent to Hurricane Katrina in 2005 which recorded $50 billion on an inflation-adjusted basis, Barclays analyst Jay Gelb said in a Sept. 5 equity research analyst note. 6 September 2017
Insurance
To encourage what it calls sustainable underwriting, French reinsurer SCOR has created a so-called scoring grid to help insurance and facultative underwriters assess environmental, social, and governance (ESG) practices in sensitive sectors and lines of business. 6 September 2017
Insurance
Tokio Marine Group has revealed its plan to set up an insurance company in Luxembourg for writing European business after Brexit. 6 September 2017
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has promoted James Boyce to deputy CEO, global specialties. 6 September 2017
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