News
Insurance
Australia-based Insurance Australia Group (IAG) expects claim costs of A$169 million ($120.2 million) from the latest Sydney storms fully eroding the deductible attached to the calendar 2018 aggregate cover. 21 December 2018
Insurance
A weakening US dollar is likely to boost earnings of global property/casualty (P&C) firms, according to a Jan. 30 Morgan Stanley note. 31 January 2018
Insurance
Randall & Quilter Investment Holdings has written a loss portfolio transfer reinsurance contract to assume a bonds portfolio issued by an undisclosed Fortune 500 Insurance Group. 19 June 2017
Insurance
Hannover Re has boosted gross premium by 17.6 percent year on year to €5.3 billion, an increase of 27.5 percent adjusted for exchange rate effects. 8 May 2018
Insurance
UK insurance intermediary Ardonagh Group has appointed Diane Cougill as chief financial officer (CFO) and Sarah Dalgarno as chief risk officer (CRO). 20 June 2018
Insurance
Lloyd's insurer Novae Group has appointed Adam Cragg as group chief operating officer. 10 August 2017
Insurance
Broker Arthur J Gallagher has a full pipeline of attractive acquisition targets, CEO J Patrick Gallagher, Jr. said during the first quarter 2018 results conference call. 2 May 2018
Insurance
Risk modelling firm RMS has estimated that the insured loss for Japan from Typhoon Jebi will be between $3 billion and $5.5billion (¥340 to ¥620billion). 17 September 2018
Insurance
Hurricane Florence drenched North Carolina with more downpours on Sunday, Sept. 16, damaging tens of thousands of homes and threatening worse flooding as rivers fill to the bursting point, Reuters reported on Sept. 16. 17 September 2018
Insurance
After several years of rapid growth in terms of its headcount and product offering, Everest Insurance North America, the specialty insurance operation of the Everest Re Group, has entered a period of fine-tuning the business and executing as the rewards of the expansion start to filter through, Mike Mulray, chief underwriting officer of the business, told PCI Today. 30 October 2018
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