News
Insurance
Howden Iberia, a subsidiary of Hyperion Insurance-owned Howden Broking Group, has bought Spanish brokerage group Bergé y Asociados Correduría de Seguros. 6 July 2017
Insurance
Insured losses due to wind from European winter storm Eleanor/Burglind will range between €1.1 billion and €1.6 billion, according to AIR Worldwide. 12 January 2018
Alternative Risk Transfer
Natural disasters in the second half of this year could have a serious impact on the returns generated by the insurance-linked securities (ILS) and reinsurance-linked investment markets in 2016, according to a panel of industry figures. Intelligent Insurer reports 25 August 2016
Insurance
Re/insurer QBE Australia and New Zealand has appointed Jon Fox as the executive general manager (EGM) of claims, and Andrew Corbett as general manager of its fully owned subsidiary Elders Insurance. 21 March 2017
Insurance
In a letter to Treasury Secretary Steven Mnuchin, four insurance industry trade bodies in the US including the Reinsurance Association of America have reiterated their strong support for the Covered Agreement that was recently negotiated by the US and EU that resolved significant prudential insurance and reinsurance matters. 21 March 2017
Insurance
Ratings agency S&P Global Ratings has downgraded Dutch insurer NN Group due to the financial resources used to acquire its competitor Delta Lloyd which are reducing its capital buffers. 11 May 2017
Insurance
Allianz Global Corporate and Specialty (AGCS) has promoted Emy Donavan to lead its cyber insurance business, succeeding Nigel Pearson who has left the company to pursue other opportunities. 14 March 2017
Insurance
Barbican Insurance Group has appointed Graeme King to lead its cyber division as the business group leader, and Richard Spotswood as cyber underwriting manager. 14 February 2017
Insurance
Willis Towers Watson has launched a new hub to focus on facultative reinsurance business across the DACH region of Germany, Austria, and Switzerland. 4 October 2017
Insurance
USI Insurance Services (USI) said on June 27 that it has entered into an agreement with Wells Fargo & Company to purchase Wells Fargo Insurance Services USA. 27 June 2017
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