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Insurance
New York-based Kingstone Companies, a multi-line regional property and casualty insurance holding company has increased its reinsurance coveraged for the treaty year beginning July 1, 2018. 10 July 2018
Insurance
Insurance Australia Group (IAG) has revealed that its group general counsel and company secretary Chris Bertuch has decided to leave the company, effective Sept. 30. 10 July 2018
Insurance
RT Specialty, a wholesale brokerage unit of Ryan Specialty Group, has hired industry veteran Jonathan Legge as a senior vice president of its RT ProExec division. 10 July 2018
Insurance
Liberty Mutual Company unit Ironshore Insurance Services has formed an energy equipment facility offering property and inland marine insurance coverage for on-shore middle market classes of business in the US. 10 July 2018
Insurance
Historic rainfall that hit Japan between June 29 and July 8 has damaged or destroyed nearly 12,000 homes and public structures while washing away portions of roadways and bridges and disrupting industrial production, according to the Aon Cat Alert report. 10 July 2018
Insurance
US-based insurtech startup OnRisk has formed a strategic partnership with independent Lloyd's broker AFL to develop new technology for structuring and placing property & casualty (P&C) risk. 10 July 2018
Insurance
The US cyber insurance premiums expanded 37 percent year on year to $1.84 billion in 2017, according to Aon’s US Cyber Market Update report. 9 July 2018
Insurance
ACORD, the global standards-setting body for the insurance industry, has released the industry’s ‘first standard’ for cyber data breach. 9 July 2018
News
Reinsurance is used increasingly for earnings protection and volatility reduction by insurers whose purchasing is guided by “risk appetite statements” deployed to optimize capital management and profitability targets, according to a survey of insurers by Willis Towers Watson. 9 July 2018
Insurance
Many insurtech firms are very similar in their scope and function to managing general agents – and could benefit from being part of the Managing General Agents' Association (MGAA). 9 July 2018
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