News
Insurance
Specialty re/insurer MS Amlin has increased its protection and indemnity (P&I) capacity for 2019. 10 January 2019
Insurance
French insurance group AXA has unveiled a new programme AXA Go in China to offer travel insurance through Chinese messaging app WeChat. 5 February 2019
Insurance
Current insurance losses for the Townsville floods in Australia are valued at $45 million, from 3,500 claims, however, the Insurance Council of Australia (ICA) expects these figures to rise as people begin to return home to assess the damage. 5 February 2019
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
Specialty lines programme administrator Axon Underwriting has launched a new reinsurance unit, Axon Re, to expand its cargo and stock throughput reinsurance programme across Latin America. 24 April 2019
Insurance
UK broker Brightside Group has appointed Richard Beaven as group chief operating officer (COO), reporting to group CEO Brendan McCafferty. 24 April 2019
Insurance
A series of new satellites to be launched by the European Space Agency will provide the insurance industry with new and unique data that will be invaluable to insurers underwriting certain types of risks including some energy and marine business. 13 December 2012
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
Bermuda specialty re/insurer Sompo International Holdings is expanding its cyber insurance capabilities in the US by creating a dedicated US team focused on cyber offerings, an enhanced cyber and professional liability product, and an expanded suite of cyber risk management services. 11 December 2018
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