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Insurance
Monsanto has been ordered to pay $289 million damages to a man who claimed herbicides containing glyphosate had caused his cancer in a court ruling that sets worrying precedent for insurers, according to law firm Clyde & Co. 14 August 2018
article
Although the European market generally enjoys fewer big losses in comparison with the US, the recent flood losses in Germany and Central Europe represent a stark reminder that big losses do occur and can hit the market’s insurers hard. 20 October 2013
Insurance
Pioneer Underwriters has launched a new business in Latin America. It has opened a regional hub in Mexico City and appointed four senior insurance professionals as senior vice presidents. 8 January 2018
Insurance
Ironshore International’s Pembroke Managing Agency, the third-party managing agent for Patria Re, a Lloyd’s approved Special Purpose Arrangement (SPA), has added a number of treaty property leaders to the Patria Re underwriting team. 17 July 2017
Insurance
Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl. 17 May 2019
Insurance
Berkley Insurance Company, a subsidiary of WR Berkley Corporation, has appointed Naomi Kinderman and Beth Zaro Green as vice presidents – claims senior counsel. 23 May 2017
Insurance
Hurricane Florence is currently a category 4 hurricane and may intensify to a category 5 hurricane in the next 24 hours, according to data provider AIR. 12 September 2018
Insurance
London-based commercial property MGA, European Property Underwriting (EPUL), has launched a flexible UK and Northern Ireland terrorism solution offering cost-effective cover as an alternative to Pool Re. 11 June 2018
Insurance
Specialty insurance holding Navigators Group has promoted Patrick Milner to president of NavTech, succeeding Stephen Coward, who retired at the end of July after more than 15 years with the company. 11 August 2017
Insurance
Munich Re has tested and insured the fraud prevention solution of German and Israeli start-up Fraugster, which uses artificial intelligence (AI) technology to detects payment frauds and improve the security of online sales. 23 April 2018
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