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Insurance
Skuld, a protection and indemnity (P&I) club for Scandinavian shipowners grew profitability in the 2016 financial year ending February 20, 2017 as the frequency of regular claims remained low and due to a “strong” return on investments. 12 May 2017
Insurance
Re/insurance broker Jardine Lloyd Thompson (JLT) has appointed Mike Mortlock as a partner within the professional indemnity team to strengthen its newly-established legal practices group. 12 May 2017
Insurance
XL Catlin’s insurance operation in Iberia has officially launched its accident and health (A&H) insurance solution for the Spanish market. 12 May 2017
Insurance
Bunker, a San Francisco-based digital business insurance platform, has officially launched operations after having raised $6 million in a Series A funding. This follows less than a year after announcing a $2 million seed round and launching in beta version. 12 May 2017
Insurance
Hudson Structured Capital Management (HSCM) acted as a lead investor in the recent $45.5 million private debt arrangement for Catalina General Insurance, a subsidiary of Catalina Holdings (Bermuda), the company has revealed. 12 May 2017
Insurance
There have been several interesting transactions in the past six months as a number of serial consolidators have looked to take advantage of a growing desire on the part of insurers to move certain blocks of business off their books 10 May 2017
Insurance
The next few years will be vital in establishing London’s long-term relationship with emerging markets in Asia and Latin America, according to Dave Matcham, CEO of the International Underwriting Association (IUA). 10 May 2017
Insurance
Specialist insurer Markel International has appointed Amer Ibrahim as marine underwriter in Dubai to extend the range of its business in the MENA region. 10 May 2017
Insurance
Insurers have faced a multi-billion dollar bill from natural disaster events occurred worldwide during April 2017, reveals Aon Benfield’s global catastrophe recap report. 10 May 2017
Insurance
The interconnectivity of devices and Internet of Things (IoT) can adversely impact insurers’ balance sheets and portfolios due to the nature of cyber risk aggregation. 10 May 2017
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