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Australia’s insurer Suncorp has reported natural hazards of A$395 million ($313.9 million) between July and December 2016, which is A$65 million above the allowance for the period, driven primarily by the Victorian hail storm. 15 February 2018
Insurance
Insurance broker Lockton has promoted Nate Mundy to senior vice president and chief operating officer of its Pacific operations in the US. 17 January 2018
Insurance
The fast-moving renewable energy sector is increasingly global. It relies on the insurance sector to keep pace with its demands, as Michael Bernay of PERse, the renewable energy-focused company of Ryan Specialty Group Underwriting Managers, describes. 4 April 2019
Insurance
The California Department of Insurance issued a formal notice to insurers directing them to cease any and all moratoriums on auto insurance and reminding them that California law prohibits this practice. 13 December 2017
Insurance
Technology-driven risk solutions provider Sedgwick has appointed Ian Muress, Stewart Steel and Paul White to leadership roles for its combined business operations in the UK. 23 April 2018
Insurance
The Managing General Agents’ Association (MGAA) has established a dedicated group to drive innovation and greater collaboration in the MGA sector. 23 April 2018
Insurance
Mphasis, an IT solutions provider specializing in cloud and cognitive services, has launched a series of blockchain-enabled solutions for insurance and financial services markets. 9 January 2018
Insurance
The 15 large wildfires active across California have so far resulted in a death toll of more than 40 while burning more than 217,000 acres and destroying an estimated 5,700 structures, catastrophe modelling firm AIR Worldwide said on Oct. 16. 17 October 2017
Insurance
Bermuda-based Aspen Insurance Holdings said on Oct. 16 that it expects to record an underwriting loss of approximately $340 million in the third quarter of 2017. 17 October 2017
Insurance
Triton Audit, part of service provider Triton Global, has expanded its audit and inspection services to the insurance market, with the offering of a US domiciled audit service. 2 September 2014
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