News
Insurance
The Ethiopian Airlines crash on the 10 March 2019, and the subsequent worldwide grounding of the Boeing 737 Max fleet, “could cost aviation insurers over $1bn combined”, the broker AJ Gallagher has estimated. 16 July 2019
Insurance
Weather Analytics, a US-based provider of risk information for insurance carriers, has acquired and merged with Athenium. The new entity will operate as Athenium Analytics. 16 May 2018
Insurance
Parametric insurance and smart contracts technology could help insurers increase efficiency and improve customer experience, finds new reports by insurance and reinsurance marketplace Lloyd’s of London. 15 July 2019
Insurance
Ryan Specialty Group (RSG), the global specialty insurance services business based in Chicago, is to acquire Hunter George & Partners, the London-based specialist managing general agent (MGA) focused on insurance solutions for mergers and acquisitions (M&A). 16 November 2015
Insurance
Private US property/casualty insurers saw catastrophe losses suppressing the industry's net income after taxes to $36.1 billion in 2017, a 15.8 percent decline from a year earlier, according to Verisk unit ISO. 15 May 2018
Insurance
Insurance veteran Stephen Catlin and Paul Brand have launched a new specialty re/insurer focused on complex risks with an initial capital commitment of $1.8 billion, and an "exceptional group" of underwriting experts. 30 April 2019
Insurance
Global Risk Partners (GRP), the London market focused consolidator, has appointed Simon Lewer as chief operating officer (COO) of its managing general agent (MGA) division. 9 October 2015
Insurance
ACE Group has appointed Edward Ler as the president director for its Indonesian general insurance business. 27 October 2014
Insurance
Insurers and reinsurers issued approximately $2 billion in catastrophe bonds in the first quarter of 2016, up 35 percent from last year’s record result, according to the latest Catastrophe Bond Report by Verisk Insurance Solutions. 7 April 2016
Insurance
The competitive market landscape in the Latin America and Caribbean region’s insurance industry demands a reinsurer that can differentiate itself, says Diego Miagro, head of general liability facultative reinsurance for Latin America and the Caribbean for Berkley Latin America and Caribbean (BLAC). 26 October 2015
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