News
Insurance
Traditional aviation insurance policies are unlikely to address all elements of emerging risks from the rapidly increasing use of drones and general liability underwriters will have an important role to play in providing cover, according to a new report from the International Underwriting Association (IUA). 29 January 2018
Alternative Risk Transfer
Guernsey Finance chief executive Dominic Wheatley examines technological advancement in the insurance sector and why the old heads embracing the newcomers can bring out the best in both. 29 January 2018
Insurance
Chubb has made changes within its senior leadership team following a strategic cooperation agreement with PICC Property & Casualty Company of China. 29 January 2018
Insurance
Lloyd’s chief financial officer has mooted the idea that brokers should reduce the commission they make on business placed in the market as a way of reducing the overall cost of using Lloyd’s. 26 January 2018
Insurance
The recent US tax change and the significant natural catastrophe losses that hit the market in 2017 are expected to trigger consolidation in the re/insurance sector with a particular focus on Bermuda. 26 January 2018
Insurance
Rate increases in the January 2018 renewals were lower than expected after the significant natural catastrophe losses of the third quarter of 2017 but retrocession catastrophe programmes increased by up to 20 percent, according to a JLT Re market report. 26 January 2018
Insurance
Insurer CNA has strengthened the leadership of its commercial insurance unit with three appointments. 26 January 2018
Insurance
Trade credit insurers are expected to pay some £31 million to help firms in the supply chain recover from the collapse of UK construction company Carillion, according to the Association of British Insurers (ABI). 25 January 2018
Insurance
American International Group (AIG) has appointed Lockton executive Timothy DeSett as head of field operations, North America general insurance. 25 January 2018
Insurance
Composite Legal Expenses, a wholly owned subsidiary of AmTrust, has agreed to buy the business and assets of York-based firm General Legal Protection. 25 January 2018
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