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Insurance
The global insured losses from catastrophes in 2017 are estimated at $136 billion, according to Swiss Re’s sigma report estimates, well above the annual average of the previous 10 years, and the third highest since sigma records began in 1970. 20 December 2017
Alternative Risk Transfer
The Risk Management Institution of Australasia (RMIA) has appointed Scott Ryrie as its new chief executive officer (CEO). 11 July 2017
Insurance
Tokio Marine Holdings enjoyed an increase in revenues but its net profits fell in the first quarter of its financial year ending June 30, 2017, as it offered a positive outlook on the health of the main economies it operates in. 8 August 2017
Insurance
Norway's Protector Forsikring, the insurer on the London Grenfell tower block that has been devastated by fire killing at least 80 people, has raised its expected gross claims from the tragedy to £50 million in its second quarter results report. 10 July 2017
Alternative Risk Transfer
Nephila Holdings is expanding its weather and ESG-driven business with the launch of a new specialty division, Nephila Climate (NCx). 31 January 2018
Insurance
US-based property/casualty insurer Liberty Mutual Holding Company reported attributable net income of $1.01 billion for 2016, an increase of $492 million versus the same period in 2015. 2 March 2017
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance, has appointed Dan Watson as an underwriter in its engineering division. 5 June 2017
Insurance
Operations management, consulting and digital solutions provider Davies Group has made several senior executive promotions as it streamlines its business, creating three operating platforms across claims solutions, insurance services and customer solutions. 16 March 2018
Insurance
The recent US tax change and the significant natural catastrophe losses that hit the market in 2017 are expected to trigger consolidation in the re/insurance sector with a particular focus on Bermuda. 26 January 2018
Insurance
The Hartford CEO Chris Swift is looking for bolt-on acquisitions in commercial lines and specialty while reinsurance business would not be a driver for a potential transaction. 30 April 2018
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