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Insurance
US personal lines insurer Allstate Corporation has estimated catastrophe losses for the month of July 2018 at $262 million, pre-tax and $207 million after-tax. 17 August 2018
Insurance
The National Reinsurance Corporation of the Philippines (Nat Re) has appointed Allan Rossi Santos as its new president and CEO effective Aug. 16, 2018, succeeding Augusto Hidalgo III. 17 August 2018
Insurance
Catastrophe bond issuance in the second quarter of 2018 totalled over $4.03 billion, representing the third largest second quarter issuance total in history, according to the Q2 2018 Update report on the insurance-linked securities (ILS) sector by Aon Securities. 14 August 2018
Insurance
The July drought and wildfires in Europe are likely to result in a minimum of €3.5 billion economic loss, according to the latest Aon catastrophe report. 10 August 2018
Insurance
Tropical Storm Risk (TSR) predicts 11 named storms, 5 hurricanes, and 1 major (Category 3+) hurricane between the months of June and November of 2018. 7 August 2018
News
DXC’s innovative Digital Minds programme is an opportunity for brokers, insurers and London Market associations to embrace and lead digital change within the industry. Its founder Caroline Bedford told Intelligent Insurer how the programme is producing the digitally switched-on C-suites of the future. 6 August 2018
Insurance
The Carr fire in California which burned nearly 100,000 acres is now among the top 10 most destructive fires on record in California, according to an Aon Cat Alert. 31 July 2018
Insurance
Aon’s reinsurance solutions increased organic revenue by 8 percent in the second quarter of 2018 compared to the prior year period, driven by net new business generation globally in treaty and strong growth in facultative placements. 27 July 2018
Insurance
Broker Marsh is “simplifying” the business structure, a move that is expected to profitability and allow for investments, management explained during the group’s second quarter 2018 earnings call. 27 July 2018
Insurance
US-based broker Arthur J Gallagher has increased revenues and reported a jump in earnings in its brokerage business and in the group earnings. 27 July 2018
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