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Insurance
The levels of severe weather that has hit the US Midwest so far this year are more than double their respective 2005-2015 averages, according to the records of the National Oceanic and Atmospheric Administration’s (NOAA) Storm Prediction Center. 9 March 2017
Insurance
The private US property/casualty insurance industry saw its net income after taxes dropped 29.2 percent year on year to $15.5 billion in first-half 2017, according to data provider Verisk Analytics. 5 October 2017
Insurance
Tropical cyclones in September have cost the global economy over $4 billion dollars, according to Impact Forecasting’s Global Catastrophe Recap report. 7 October 2016
Insurance
The Covered Agreement between the EU and the US makes these markets more attractive for reinsurers from the opposite side of the Atlantic, increasing competition and therefore adding pressure on pricing and conditions. 20 January 2017
Insurance
As insurance-linked securities (ILS) become increasingly attractive to investors, there is an opportunity to support both emerging and existing lines of business if the right product is in place, Michael Krefta, CEO of Hiscox Re & ILS, told Monte Carlo Today. 13 September 2017
Insurance
Lloyd’s is set to open an office in Mexico City following approval from the Mexican authorities. 26 November 2014
Insurance
Allianz Global Corporate & Specialty (AGCS) has appointed Henning Haagen as the Northeast Zone executive for North America in addition to his current role as global head of aviation. 19 January 2017
Insurance
A major challenge posed by insurtech is how to achieve innovation and improvement in a highly regulated sector, Andrea Best, a London-based partner at law firm Drinker Biddle and Reath, told Baden-Baden Today. 25 October 2017
Insurance
A number of Lloyd’s Syndicates and high-profile reinsurers including Allied World, Amlin, Aspen, Hannover Re, Munich Re and PartnerRe could face claims as a result of the fire that has engulfed a 24-storey block of flats in London today (Wednesday June 14). 14 June 2017
Insurance
Aspen Insurance has again written to its shareholders beseeching them to reject moves by Endurance to force a special general meeting that would pave the way for Endurance to buy the company. 22 July 2014
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