News
Insurance
Risk modelling firm RMS has estimated that the insured loss for Japan from Typhoon Jebi will be between $3 billion and $5.5billion (¥340 to ¥620billion). 17 September 2018
Insurance
Hurricane Florence drenched North Carolina with more downpours on Sunday, Sept. 16, damaging tens of thousands of homes and threatening worse flooding as rivers fill to the bursting point, Reuters reported on Sept. 16. 17 September 2018
Insurance
The US re/insurance market is grappling with many complex challenges at the moment but consolidation and insurtech are the biggest, Alan Levin, vice chair at law firm Locke Lord, told PCI Today. 30 October 2018
Insurance
An increase in losses from unmodelled non-catastrophe events has again illustrated the need for rate increases, Mohit Pande, head of US global property underwriting, Swiss Re, told PCI Today. 30 October 2018
Insurance
Specialist insurer Life Company Consolidation Group (LCCG) has agreed to acquire UK's mutual life insurer Equitable Life. The transaction is expected to complete towards the end of 2019. 18 June 2018
Insurance
JLT Specialty Insurance Services, a US subsidiary of Jardine Lloyd Thompson (JLT), has appointed Mark Flippen as senior vice president. 22 April 2015
Insurance
Catastrophe modelling firm AIR Worldwide (AIR) has collaborated with Pana Harrison (Asia), a Singaporean and Lloyd's registered general insurance and reinsurance broker, to better assess and manage catastrophe risk on behalf of its clients. 20 May 2014
Insurance
State-owned reinsurer General Insurance Corp of India (GIC Re) on Aug. 7 filed for an initial public offering (IPO) to be listed on the Bombay Stock Exchange
and the National Stock Exchange of India. 7 August 2017
Insurance
The new UK insurance group The Ardonagh Group which combines Towergate, Autonet, Chase Templeton, Ryan Direct and Price Forbes may be sold or listed on the stock exchange, the CEO reportedly told The Telegraph in an Aug. 6 report. 7 August 2017
News
Say its name too loud and it might disappear—the onset of a hard market has been whispered about for some 12 months. Even if rates are hardening, is the industry clutching at straws when underlying exposures also seem to be increasing, and with so much capacity waiting in the wings? Intelligent Insurer investigates. 4 September 2019
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