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Lloyd’s is expected to be among the hardest hit from Hurricane Irma, according to a Sept. 11 Moody’s report. 12 September 2017
Insurance
Combined insured losses for Hurricane Irma for the US and selected islands in the Caribbean will be between $20 billion and $65 billion, according to estimates by AIR Worldwide. 12 September 2017
Insurance
Swiss Re sees growing opportunities to collaborate with primary insurers in the development of innovative products, growing its know-how and potentially gaining new business. 12 September 2017
Insurance
Chubb European Group, in partnership with Swiss Re and FlightStats, will underwrite a new insurance cover for airline travellers, according to a Sept. 8 statement. 8 September 2017
Insurance
The Florida homeowners’ market which may be hit by Hurricane Irma on Sunday Sept. 10 is dominated by smaller, more regional insurers, according to research firm CreditSights. 8 September 2017
Insurance
Everest Insurance has appointed Debbie Weiser as the new leader of excess casualty within Everest Specialty Casualty. 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
Broker Aon is to acquire US-based real estate and investment management firm Townsend Group, majority owned by Colony NorthStar, for $475 million. 4 September 2017
Insurance
Hurricane Harvey will be a top three loss event for the National Flood Insurance Program (NFIP), according to analysis by risk modelling firm RMS. 4 September 2017
Insurance
Insurer Chubb has made two appointments for its regional cyber team in Asia Pacific. 4 September 2017
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