News
Insurance
Everyone is hoping that the outbreak of COVID-19 will be contained as swiftly as possible, with many countries advising precautionary measures, such as lockdown, for a minimum of 12 weeks to protect the vulnerable. The re/insurance industry can expect to feel the effects of this pandemic well beyond that. Intelligent Insurer reports. 30 March 2020
Insurance
An inquiry examining Northern Australia’s insurance market has confirmed that providing household policies in the region “remains unprofitable for insurers”. 30 July 2019
Insurance
AXA has revealed its plan to expand into a new market through a partnership with mobile phone insurance provider Pier Insurance. 4 March 2019
Insurance
Talanx experienced a large-loss burden in industrial lines between January and September 2018 of more than €260 million which is expected to have exceeded the large loss budget for the entire year. 16 October 2018
Insurance
Reinsurer Munich Re has selected insurtech CyberCube's analytics platform to help quantify, model and control cyber accumulation risk. 28 February 2019
Insurance
Fitch Ratings sees ongoing pressure on underwriting margins and expects catastrophe claims to continue to undermine insurers’ operating stability. 21 November 2018
Insurance
Insurer Thomas Miller has acquired the managing general agency (MGA) and insurance services operations of Hamburg-headquartered specialist insurance services group Zeller Associates. 18 September 2018
Insurance
Broker Willis Towers Watson has hired Matt McKechnie as a consultant to strengthen its claims consulting business. 8 October 2018
Insurance
FedNat Holding Company is to acquire Maison Insurance Company and other homeowners insurance entities from 1347 Property Insurance Holdings (1347 PIH) in a $51 million deal. 26 February 2019
Insurance
The board of London & International Insurance Brokers’ Association (LIIBA) has appointed Roy White as its new chair after having served three years as vice chairman. 23 March 2018
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