News
Insurance
The withdrawal of some carriers from the Miami market is sending a strong message to the Latin American underwriting community that some international re/insurers are adopting a more conservative approach to business in the region, according to BMS. 11 September 2019
Insurance
The representative body of Guernsey insurers and insurance managers, the Guernsey International Insurance Association (GIIA), has signed Memorandums of Understanding (MoU) with both the China Captive Alliance and the regional government of Kashgar. 29 June 2016
Insurance
The Mexican insurance market has vast potential, but the prospects are less than they are portrayed to be, according to Manuel Escobedo, president of the Mexican Association of Insurance Institutions. 10 September 2019
Insurance
Wildfire risk is considered a “new major peril” by reinsurers after the heavy losses of recent years. But the industry has a much better understanding of this risk following investments in risk models and better education about the nature of the risk. 20 October 2019
Insurance
Specialist independent managing general agent (MGA) Nexus Underwriting Management (NUML) has appointed Jeremy Adams to join its board as an independent non-executive director with immediate effect. 28 September 2015
Insurance
The Guernsey International Insurance Association (GIIA), the representative body of Guernsey insurers and insurance managers, has signed a Memoranda of Understanding (MoU) with both the China Captive Alliance and the regional government of Kashgar. 28 June 2016
Insurance
The Ardonagh Group, the UK’s largest independent insurance broker with global reach, has completed the acquisitions of Carole Nash Insurance Consultants and Mastercover Insurance Services. 21 December 2017
Insurance
Hannover Re has been active with parametric coverage in the agricultural field for many years, and it is now focusing on the coverage in its property segments. 9 September 2019
Insurance
Hartford Financial Services Group is acquiring The Navigators Group for $2.1 billion in a move that will see the US insurer expand its offerings and underwriting risk appetite. 22 August 2018
Insurance
Broking firm the County Group (County), part of Global Risk Partners (GRP), has acquired a UK insurance broker with more than 70 years of trading in the Stoke on Trent area “bringing significant scale” to County’s North West UK hub. 24 June 2019
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