News
Insurance
The Camp and Woolsey fires in Northern and Southern California are putting 48,390 homes at high or extreme risk of wildfire damage with a total reconstruction cost value (RCV) of approximately $18 billion, according to data provider CoreLogic. 13 November 2018
Insurance
Lloyd’s re/insurance broker RFIB Group has appointed Martin Pyrke as deputy senior executive officer (SEO), Middle East. 24 September 2014
News
WR Berkley will assume the management of WR Berkley Syndicate 1967 from June 1st, replacing the “turnkey” syndicate management agreement which has been in place since 2009. 29 May 2012
Insurance
Broker Willis Towers Watson has launched a new political risk insurance programme supported with over $1 billion of market capacity. 1 May 2019
Insurance
Bermuda-based specialty re/insurer Argo Group International Holdings has extended the contract with its executive vice president and chief financial officer Jay Bullock until April 25, 2023. 30 April 2019
article
Reinsurers will be more “thoughtful” and “selective” in the deployment of their capacity at this renewal as they take stock of the heavy losses, and subsequent loss creep from 2017 and 2018 and realign their portfolios. However, cedants that have performed well should escape any severe adjustments. 8 September 2019
Insurance
Bermuda-based Aspen Insurance reported a fall in profits and gross written premiums (GWP) in the second quarter of 2015, as a result of exiting energy-related Lloyd’s lines and several mid-sized losses. 29 July 2015
Insurance
Ryan Specialty Group is to acquire Boston Insurance Specialists (BIS), an independently owned wholesale insurance brokerage with offices in Mansfield and Westfield, Massachusetts. 25 January 2019
Insurance
Lloyd’s re/insurer Neon has completed a deal with specialty insurer StarStone, a subsidiary of Enstar Group, to reinsure to close (RITC) its 2007 year of account of Syndicate 2468. 17 November 2016
Insurance
Novae, the specialist listed Lloyd’s insurer, has appointed Steve Cross as unit head of construction. 5 April 2016
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