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Insurance
Broker Jardine Lloyd Thompson Group (JLT) said on Oct. 26 that the European Commission (EC) has initiated an investigation into the aviation insurance sector following the UK Financial Conduct Authority’s (FCA’s) discontinuation of its investigation. 27 October 2017
Insurance
Hedge fund-backed Greenlight Capital Re reported a loss for the first quarter of 2018 driven by investments. 1 May 2018
Insurance
Bermuda-based PartnerRe has revealed that it will exit the upstream energy insurance market having signed a deal to transfer its book of business to Ark Syndicate Management. 9 March 2018
Insurance
US-based Allstate Insurance Company is seeking to hire 600 executives to fill positions throughout its US Northwest region, including Washington, Oregon, Idaho, Alaska and Hawaii. 15 January 2018
Insurance
Corporate insurance rates are enjoying healthy rate hikes, which should put Swiss Re Corporate Solutions back on track after some difficult years, and reinsurance rates are seeing smaller increases—but the overall outlook for the industry is a positive one. 8 September 2019
Insurance
PERILS, the Zurich-based organisation that provides catastrophe insurance data, has released its initial loss estimate from the UK floods stemming from storms Eva and Frank in December 2015, and further low pressure systems in early January 2016. 5 February 2016
News
Tokio Millennium Re, the Zurich-based global reinsurer and subsidiary of Tokio Marine & Nichido Fire Insurance, has strengthened its board with the founding chief executive officer of Paris Re. 11 June 2015
Insurance
Italian insurers' regulatory capital positions remained strong through their transition to Solvency II (S2) in 2016, although S2 coverage ratios are exposed to volatility in sovereign bond markets, according to Fitch Ratings in its latest report on the Italian insurance market's transition to Solvency II. 15 November 2017
Insurance
Californian automaker Tesla is partnering with Liberty Mutual Insurance to offer an auto insurance plan designed specifically for its electric cars in the US, Bloomberg News reported on Oct. 13. 16 October 2017
Insurance
Lloyd’s has paid close to three quarters of a billion dollars ($738 million) in claims so far for Hurricanes Harvey, Irma and Maria, said Jon Hancock, performance management director at Lloyd’s. 16 October 2017
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