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Insurance
Bermuda-based Validus Holdings has completed the acquisition of Archer Daniels Midland (ADM) Company’s Crop Risk Services (CRS) business. 2 May 2017
Insurance
Beazley enjoyed strong growth overall in the first nine months of 2017 but its reinsurance division shrank as the company reduced it because of continued rate decreases – a trend it expects to reverse on cat business, at least, because of the recent heavy losses in North America. 9 November 2017
Insurance
Berkshire Hathaway has registered an underwriting loss for its insurance operations as the retroactive reinsurance agreement with AIG weighs on results. 7 August 2017
Insurance
Natural disasters across the world caused significantly lower losses than usual in the first half of 2018 at around $33 billion, according to Munich Re. 11 July 2018
Insurance
ACE Group has appointed Ashwin Kapoor as terrorism and political violence underwriter. 19 May 2015
Insurance
The global reinsurance market remains challenged by various market forces that will continue to shape the landscape over the near term. The recently announced acquisition of Validus Re by AIG is just the latest chapter in the evolution of the traditional reinsurance model, where specialty focused businesses seek shelter as part of a significantly larger globally diversified enterprise. 2 February 2018
Insurance
Broker Willis Towers Watson has appointed Gavin Hill as senior consultant to its insurance risk consulting and software (RCS) business. 19 June 2017
Insurance
With the start of hurricane season on June 1, approximately 150 leading environmentalists, policy makers, scientists and insurance industry experts will gather on June 2 at the New York Stock Exchange to discuss the recovery of lower Manhattan and the lessons learned since Superstorm Sandy during the New York Recovery & Resilience Leadership Forum, sponsored by RenaissanceRe. 16 May 2016
Insurance
A number of representative bodies and Lloyd’s have welcomed the announcement by the Bank of England that it will allow EU banks and insurers to operate normally in the UK post-Brexit and is undertaking a review of its authorising and supervision policies for international firms. 21 December 2017
Insurance
Insurance law firm BLM has become the Association of British Insurers (ABI) first associate member. 21 December 2015
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