News
Insurance
Economic losses caused by wind, storm surge, and inland flood from Hurricane Harvey could be as high as U.S. $70-90 billion, according to data provider RMS. 31 August 2017
Insurance
Antares plans to combine with sister company Qatar Re to buy reinsurance this year—and predicts rate reductions as a result, head of ceded reinsurance Richard Anson told Monte Carlo Today. 10 September 2018
Insurance
Probitas 1492, an insurance and reinsurance syndicate at Lloyd's specialising in property, construction and casualty, appears to have found a new backer to replace the capacity provided by the troubled Istmo Re. 14 July 2017
Insurance
Property/casualty insurer Chubb has made several new leadership appointments within its global casualty and excess casualty lines of business for North America major accounts division, which serves large US and Canadian-based companies for complex global risks. 14 July 2017
Insurance
Reinsurance capacity has reached a new peak in 2016 and is likely to further contribute to price declines, according to research by broker Aon Benfield. 6 April 2017
Insurance
Rating agency AM Best has a negative outlook on the UK’s non-life market as the negative impact from the challenges the UK sector is facing is likely to last. 21 March 2018
News
Pool Re, the mutual reinsurer that provides terrorism cover for commercial property in the UK, has appointed Maurice Tulloch as non-executive director. 30 April 2015
Insurance
A growing understanding of the threat of flood and the need for insurers to better cover this risk has led JBA Risk Management, a specialist in mapping and understanding flood risk globally, to launch a new office in Singapore. Two of the company’s directors explain why to Intelligent Insurer. 19 October 2016
Insurance
Business interruption remains the top threat worldwide for the seventh year running and is the top risk in countries such as the US, Canada, Germany, Spain, Italy and China, according to the Allianz Risk Barometer for 2019, which is based on the views of 2,415 experts from more than 86 countries. 4 February 2019
Insurance
Global Parametrics (GP), a for-profit, social venture, has secured additional funding for a new initiative which will increase access to disaster protection in developing countries against the impacts of climate change with support from the UK government. 3 April 2017
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