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Primary insurers rather than reinsurers will bear the majority of losses produced by the wildfires that are currently scorching parts of California, according to KBW analyst Meyer Shields. 12 November 2018
Insurance
The Florida Office of Insurance Regulation has approved a rate decrease for workers’ compensation insurance in Florida. 2 May 2018
Insurance
Lloyd’s of London’s chief financial officer John Parry is leaving the corporation after 17 years. 1 May 2018
Insurance
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of Marsh, has acquired Highsmith Insurance, a Raleigh, North Carolina-based independent insurance brokerage firm. 9 February 2018
Insurance
Global insured catastrophe losses are estimated at between $5 billion and $10 billion, well below the historical average of $14 billion, according to Morgan Stanley analysts. 4 April 2018
Insurance
Tokio Marine HCC has appointed Susan Rivera as executive vice president and chief operating officer. Rivera was a founding shareholder of V3 Insurance Partners. 3 April 2018
Insurance
Swiss Re has hired Andreas Berger from Allianz Group as chief executive of Swiss Re Corporate Solutions. 24 September 2018
Insurance
Argo Group, a specialty property and casualty re/insurer based in Bermuda, has boosted gross written premiums in 2016 but profits declined nevertheless. 14 February 2017
Insurance
Arch Insurance, a member of Arch Capital Group, has appointed Greg Johnson in the US as vice president of business development for travel. 14 February 2017
Insurance
A micro insurance consortium has been launched by a group of re/insurers and brokers to deliver risk protection to the underserved in developing countries. 23 January 2015
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