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Insurance
XL Catlin’s London-based insurance operations have introduced a contract continuity clause which addresses the risk that contracts written prior to Brexit may become impermissible assuming passporting rights are lost as a consequence of the UK leaving the EU. 19 March 2018
News
Bermuda-based Third Point Reinsurance has announced top leadership changes within the company in an Aug 8 United States Securities and Exchange Commission (SEC) filing. 9 August 2017
Insurance
Australia-based QBE Insurance is selling its travel insurance business to health insurer nib holdings (nib). 3 August 2018
Insurance
The producer of a planned Gregg Allman biopic film has filed a lawsuit with Los Angeles Superior Court accusing New York Marine and General Insurance of allegedly refusing to pay more than $1.6 million in losses stemming from a deadly on-set accident. 18 August 2014
Insurance
Tokio Marine Holdings enjoyed an increase in revenues but its net profits fell in the first quarter of its financial year ending June 30, 2017, as it offered a positive outlook on the health of the main economies it operates in. 8 August 2017
Insurance
UK’s network for independent insurance brokers is extending its regional footprint with the acquisition of Lincolnshire-based Thompson & Richardson. 13 December 2017
Insurance
Flood Re, a joint initiative between the UK government and insurers, has made key proposals that would see it work with insurers to help claimants “build back better” by permitting the payment of claims to include an additional amount for resilient or resistant repair, “above and beyond the original damage”. 8 July 2019
Insurance
Zurich North America has appointed David Putz to lead its alternative markets division. He will assume the role currently held by Kathleen Savio, who will transition to Zurich North America CEO. 9 November 2017
Insurance
R&Q Commercial Risk Services (CRS), part of R&Q’s managing general agent (MGA), has increased its total underwriting capacity to £15 million as part of a long term capacity agreement to secure more business with small and medium-sized enterprises (SMEs). 8 August 2016
Insurance
Bermuda-based Everest Re reported a sharp drop in earnings for the second quarter of 2018 compared to the previous year primarily driven by the 2017 hurricane events – Harvey, Irma and Maria. 31 July 2018
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