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Insurance
US-based insurance brokerage firm Venbrook has entered into a partnership with property/casualty insurer The Hartford to launch a third-party logistics (3PL) warehouse practice. 24 July 2017
Insurance
Blue Marble Microinsurance has partnered with the Nature Conservancy organisation to develop insurance solutions for mitigating risks faced from climate change, including increased floods, storms and droughts. 24 July 2017
Insurance
A magnitude 6.7 earthquake struck the Eastern Mediterranean at 22:31 UTC on July 20, 2017, impacting the Greek island of Kos and the Turkish city of Bodrum, along with numerous coastal towns in Turkey. 24 July 2017
Insurance
Insurer Beazley has announced that it made a profit of $158.7 million for the first half of 2017, a six percent increase on the $150.2 million it made in the first six months of 2016. 24 July 2017
Insurance
Travelers has revealed that its net income for the second quarter of 2017 came to $595 million, a ten percent fall from the $664 million it made over same period of 2016. As a result the company reported that net income for the first half of 2017 came to $1.21 billion, an 11 percent fall on the $1.35 billion it made over the same period of 2016. 24 July 2017
Insurance
Everest Re Group has hired Joe Martin to join its credit and political risk team in New York, reporting to Jim Thomas, head of credit and political risk at Everest Insurance. 20 July 2017
Insurance
Lloyd’s syndicates will be able to get business plans approved faster in the event of the next hard market if triggered by a single big event. 19 July 2017
Insurance
Specialty managing general agent (MGA) Nexus Group has acquired the US based personal accident treaty reinsurance MGA operated by Lloyd's coverholder ZON Re via an asset purchase. 19 July 2017
Insurance
UK insurer Aviva is selling its Asia and Middle East life business Friends Provident International (FPIL) to RL360 Holding Company, a subsidiary of International Financial Group, for a total consideration of £340 million. 19 July 2017
Insurance
Vizion Insurance Brokers, a new broking venture launched by the former heads of Bluefin and Chubb, has expanded its leadership team with the addition of Pete Living as a founding partner. 19 July 2017
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