News
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
US cyber insurers have seen written premiums more than double in four years from $996 million in 2015 to $2 billion in 2018, a report from ratings agency AM Best has shown. 21 June 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
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
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
The casualty business is “the sweet spot today,” WR Berkley CEO Robert Berkley said during the re/insurer’s second quarter 2018 earnings call, while noting that the reinsurance business is dragging. 25 July 2018
News
Swiss Re has estimated its preliminary combined claims burden from recent natural catastrophes booked in the fourth quarter of 2018 at approximately $1.0 billion, net of retrocession and before tax, mainly affecting the reinsurance operations. 15 January 2019
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
Insurance
Specialty insurance group Tokio Marine HCC has appointed Luc Reuter as head of surety for Continental Europe as it further expands its international surety capabilities. 24 July 2018
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