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Insurance
Reinsurance rates down 1.2% at Jan renewals: JLT Re
JLT Re's global property-catastrophe reinsurance index fell 1.2 percent at the January 1 renewals, despite 2018 being one of the costliest years in terms of catastrophe losses.   2 January 2019
Insurance
Lockton hires complex risk expert from Aon in the US
Insurance broker Lockton has hired a new producer from Aon to join its Kansas City operation and manage client risks.   31 August 2017
Insurance
ICA declares catastrophe after storms hit Victoria, Australia
The Insurance Council of Australia (ICA) has declared a catastrophe for damage caused by storms that struck parts of regional Victoria and metropolitan Melbourne on Tuesday December 19.   21 December 2017
Insurance
Corporate insurance faces ‘radical’ change
Automation (robotisation) and connectivity are fundamentally reshaping how manufacturing and service industries work – which will in turn radically change the risks they face and the way they buy risk coverage, according to a new report titled “The underwriter of the future – Six years on” by Oliver Wyman and the Chartered Insurance Institute.   23 May 2018
Insurance
IUA forms new cyber reinsurance group
The International Underwriting Association (IUA) has established a new cyber group dedicated specifically to consider the concerns of reinsurers.   23 May 2018
News
SCOR claims size allows it to better manage pricing pressure
Size is an increasingly important factor in the success of reinsurance businesses, according to SCOR, and the pressure remains on smaller players to merge.   27 July 2018
Insurance
London insurers post solid results despite competition
London market insurers entered 2015 with solid balance sheets despite having to contend with difficult trading conditions.   1 June 2015
Insurance
US direct cyber market grows 32%
The US cyber market grew significantly in 2017 with direct premiums written by US property/casualty (P&C) insurers (excluding non-US and alien surplus lines insurers) rising nearly 32 percent year over year to $1.8 billion, according to AM Best.   21 May 2018
Insurance
Starr seeks geographical and product line expansion with new hires
Starr Companies has revealed several appointments and promotions in its US and London business units.   26 September 2017
Insurance
Ironshore names head of US claims
Ironshore, a part of Liberty Mutual Company, has named Kristin McMahon as head of US claims.   24 October 2017

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