News
Insurance
Reinsurance broker Cooper Gay Swett & Crawford (CGSC) has completed the sale of CGSC North America Holdings (Swett & Crawford) to insurance broker BB&T. 4 April 2016
Alternative Risk Transfer
Real-time catastrophe data can provide claims adjusters in insurance companies with better information and allow them to make risk decisions in real time, whether that be buying live cat over, buying more reinsurance or in the ILS market, Karen Clark, CEO and founder of Karen Clark & Company (KCC), told Monte Carlo Today. 10 September 2018
Insurance
Arc Legal Assistance has launched a personal cyber support policy providing household insurance customers with access to expert support, restoration services and cover for cyber-attacks. 4 January 2018
Insurance
Gibraltar-based insurer Argus Insurance Company (Europe) has been awarded ‘Chartered Insurer’ status by The Chartered Insurance Institute (CII). 18 October 2016
Insurance
US cyber insurers have seen written premiums more than double in four years from $996 million in 2015 to $2 billion in 2018, a report from ratings agency AM Best has shown. 21 June 2019
Insurance
Europe’s insurers paid out a total of €975 billion in claims and benefits over the course of 2015, the equivalent of €2.7 billion per day, according to Insurance Europe, the European insurance and reinsurance federation. 20 December 2016
Insurance
Risks for re/insurers are on the rise in Latin America, but so are opportunities, says Florian Kummer of Deutsche Rück. 13 September 2021
Insurance
Specialist insurer Markel International has appointed Colin Fordham as a senior marine liability underwriter based in Singapore. 18 April 2017
Insurance
Bermuda-based Aspen Insurance Holdings has appointed Richard Thornton to the newly-created position of group chief operating officer (COO). 19 December 2016
Insurance
ProAssurance’s consolidated combined ratio for Q3 is 103.6 percent, a two-percentage point increase quarter-over-quarter. The company said this was primarily due to changes in the mix of premiums earned and a lower amount of prior accident year favourable development due to its perception of loss trends in the healthcare professional liability market. 7 November 2019
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