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The US workers’ compensation market remains profitable for insurers, but pricing pressure on rates will inevitably erode performance, according to a report by Fitch Ratings. 30 October 2018
Insurance
The Insurance Commissioner of California has called for changes in the law that will ensure improved availability of fire insurance in the aftermath of the wildfires in the state and some insurers’ reluctance to cover this risk. 5 January 2018
Insurance
Aon’s merger with Willis Towers Watson will create the world’s biggest broker and reshape the broking landscape in the process. Eric Andersen, president and member of the global executive committee, Aon, spoke to Intelligent Insurer to discuss the implications of the deal in the context of a fast-changing world and the increasingly complex needs of clients. 14 October 2020
Insurance
Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has expanded its inland marine team with the hiring of Tom Warner, Mike Lewis and Timothy Janeway. 30 March 2017
Insurance
The chief executive of Probitas Syndicate 1492 at Lloyd’s has said the syndicate may move to find a buyer for the capacity and shareholding in Probitas provided by Istmo Compañía de Reaseguros (Istmo Re), the Panama reinsurer now under regulatory supervision in its home market. 15 December 2016
Insurance
Willis Towers Watson has appointed Mark Quinn as global head of its specialist inspace broking unit. 22 April 2016
Insurance
Specialist Lloyd’s insurer Neon, formerly Marketform, has appointed Mireille Dolonen as marine and offshore construction underwriter. 23 June 2016
Insurance
Sompo International Holdings (SIH), a Bermuda-based specialty provider of property and casualty re/insurance, has announced a new organisational structure and the launch of a global insurance platform. 3 October 2017
Insurance
A period of intense mergers and acquisitions activity a decade ago has given rise to a number of dominant global players in the life insurance market. 1 June 2011
Insurance
Trade credit insurer Euler Hermes has announced two senior executive appointments in its Asia Pacific region. 18 August 2017
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