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Insurance
Randall and Quilter Investment Holdings (R&Q) has reached an agreement with US medical professional liability insurer Coverys to sell the entire share capital of its Lloyd's managing agency for $22.6 million. 23 June 2017
Insurance
A one-size-fits-all regulatory approach and global regulatory convergence more generally is a big concern for the US property/casualty (P&C) industry, Jim Wallace, incoming chair of PCI and the chief executive of GuideOne Insurance, told PCI Today. 26 October 2015
Insurance
Amercian International Group (AIG) EMEA saw cyber claims go up significantly in 2017, reaching a total as high as in the previous four years combined, driven by ransomware attacks and cyber business interruption. 24 May 2018
Reinsurance
After a significant contraction of gross domestic product (GDP) in Latin America in 2016, economic growth in major economies like Brazil and Argentina is bouncing back, sparking optimism among insurers and reinsurers. 29 November 2017
Insurance
The use of managing general agents (MGAs) has increased in response to tough market conditions and the changing business model of the re/insurance industry. Below, Intelligent Insurer profiles 50 of the leading MGAs by turnover, comparing year on year pre-tax and operating profit. 7 May 2015
Insurance
Terrorist attacks increased 14 percent worldwide in 2016, and are affecting an ever-wider set of businesses in more countries with more diversified tactics and intent to kill, broker Aon said in its 2017 Risk Maps for Political Risk, Terrorism and Political Violence. 6 April 2017
Insurance
Insurance firm Beazley is expanding its fine art and specie capabilities through the hire of two Lloyd’s underwriters in the field, Mark Bosshard and Scott Sellick. 18 May 2016
Insurance
Ironshore’s Pembroke Managing Agency has entered into a management agreement with Old Mutual Group to underwrite select specialty lines for African risks. 16 June 2016
Insurance
Lloyd’s fined Amlin Underwriting Limited (AUL) £630,000 for breaches of the Lloyd’s Premium Trust Deed (PTD) and for failings in its response to those breaches. 3 April 2017
Insurance
Four insurers have been selected by the South Australian Government to provide compulsory third party (CTP) insurance in South Australia from 1 July, 2016. 7 December 2015
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