News
Insurance
UK insurers will breathe a sigh of relief if a Covered Agreement between the UK and the US is in place by December—and it appears that Congress has the desire to make this happen, Robert Gordon, PCI’s senior vice president, policy, research and international, told PCI Today. 29 October 2018
Insurance
Bermuda-based Everest Re Group is expecting to incur fourth quarter 2018 catastrophe losses of $695 million, net of reinsurance, reinstatement premiums and taxes. 25 January 2019
Insurance
The LMA Wordings Forum has revealed it has drafted a ‘cold zone variant’ of its model exclusion wording, which would make it easier for underwriters to cover construction projects in the nuclear sector, a move prompted by recent growth in the construction of nuclear power stations and a requirement to make wordings more appropriate for the nuclear industry of the future. 14 March 2017
Insurance
The US National Flood Insurance Program’s (NFIP’s) reinsurance purchase in 2017, in which many European reinsurers participated, represented a good deal for the US government and it should look to purchase more limit in 2018. 23 October 2017
Insurance
A new aviation consortium has been established in Lloyd’s Asia to write general aviation insurance and reinsurance risks based in the Asia-Pacific and Middle East Regions. 11 April 2014
Insurance
Willis Towers Watson (WLTW) has named Alberto Gallego as the new head of Iberia. 19 December 2017
Insurance
Bermuda-based Aspen Insurance has entered a strategic partnership with CGB Diversified Services (CGB DS) where Aspen will be acquiring a 23.2 percent stake in a newly formed company, Crop Re Services. 19 December 2017
Insurance
Profits at Italian insurer Generali soared in 2018 as the company exceeded all its targets for the past three years, attributed to improvements in all group business segments including life, property/casualty and asset management. 14 March 2019
Insurance
Voce pushes for special general meeting; Argo moves 2020 AGM forward. 13 December 2019
Insurance
Specialist re/insurance broker BMS Group posted a 25 percent increase in its 2018 revenues, mostly driven by growth in its London wholesale and US reinsurance businesses, according to CEO Nick Cook. 13 March 2019
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