News
Insurance
Insurance services firm Charles Taylor has agreed to a "compelling" takeover deal by private equity firm Lovell Minnick Partners, which it hopes will deliver attractive returns to its shareholders. 19 September 2019
Insurance
The number of companies writing flood insurance in Florida has doubled from 10 to 20 firms in the past year, mainly thanks to the use of new technology to better predict and price flood risk, according to a report by Lisa Miller & Associates. 20 July 2017
Insurance
Global economic losses from natural disasters for 1H 2017 were estimated at $53 billion – 56 percent lower than the 10-year average of $122 billion and 39 percent lower than the 17-year average of $87 billion, according to Aon catastrophe report. 20 July 2017
Insurance
Profits at Blue Capital Reinsurance Holdings dipped sharply in the second quarter driven by higher levels of catastrophe losses globally. On a positive note, the company said declines in rates slowed in the mid-year renewals compared with a year earlier. 2 August 2016
Insurance
Global Risk Partners (GRP), an acquisitive insurance broking and managing general agent (MGA) investment vehicle, has completed its investment in Cavendish Munro Professional Risks, the specialist retail broker. 6 June 2016
Insurance
Lorega, a UK managing general agent (MGA), and Agenci, a cyber security consultancy, have been awarded insurance product of the year at the Cyber Security Awards. 1 July 2016
Insurance
Aon's Reinsurance Solutions has appointed Colin Dutkiewicz to a newly created role, global head of life. 24 January 2019
Insurance
Sean McGovern, chief risk officer (CRO) and general counsel, at Lloyd’s is leaving the corporation to take up the position of chief compliance officer and head of regulatory and government affairs at XL Catlin. 18 May 2016
Insurance
Social inflation is a big issue for insurers, especially in the US where plaintiffs’ lawyers are demanding ever-larger pay-outs, backed by juries who are increasingly inclined to back David against Goliath. But the right approach will reduce this trend, as Rick Lindsey, CEO of Prime Insurance Company, tells Intelligent Insurer. 7 September 2020
Insurance
Property/casualty insurer AmTrust Financial Services has build a new management team to expand its accident & health (A&H) Lloyd’s offering and capabilities across its international operations. 7 March 2018
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