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Insurance
Re/insurance sector rating agency AM Best is establishing a new office in Amsterdam, the Netherlands, during 2018 as part of its Brexit contingency plan. 1 March 2018
Insurance
New Zealand-based general insurer Tower has entered into a $22 million settlement agreement with Hong Kong's Peak Re regarding an adverse development cover policy entered in 2015. 1 March 2018
Insurance
While the frequency of workers’ compensation claims in the US is expected to decrease further in 2013, in line with current trends, their severity and overall cost to insurers will rise, according to a report by Aon Risk Solutions. 19 December 2012
Insurance
Eyeing an opportunity, industry veteran David Price has launched a new broker. He explains to Intelligent Insurer what will set Fenchurch and Partners apart and his aims to create something completely different. 8 April 2021
Insurance
Run-off specialist DARAG Group has agreed to acquire London-based non-life reinsurance company One Re, which provided reinsurance to African-based insurers for industrial property risks and engineering projects from 2015 to 2018. 18 July 2019
Insurance
An increase in foreign exchange volatility in the second quarter of 2016, enhanced further by the surprising result of the UK’s EU referendum vote, has distorted the performance of re/insurance companies during the period. Making more use of hedging for foreign exchange risk could ease such distorting effects from companies’ profit and loss accounts, experts claim. 26 August 2016
Insurance
Victor Insurance Holdings, a managing general underwriter (MGU) formerly known as the Schinnerer Group, has appointed John Stephenson as UK country manager, and Fred Willemze as strategic partnerships director. 17 July 2019
Insurance
Joint venture BrightBenefits will be led by insurance industry veteran Danny Bentley. 22 November 2019
Insurance
London-based EC3 Brokers has appointed James Norris as chief actuary and Terry Holley as senior vice president in the US. 11 July 2019
Insurance
The company has also appointed a new chief underwriting officer and MD of international & financial lines. 11 February 2020
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