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Rates were at unsustainable levels before hurricanes Harvey, Irma and Maria and the Mexican earthquakes (HIMM) hit in September, 13 November 2017
Insurance
Atlanta-based Crawford & Company, a provider of claims management solutions, has appointed Rohit Verma as global chief operating officer. He will report directly to Harsha Agadi, president and CEO of Crawford. 27 June 2017
Insurance
ACE will acquire a 60.9 percent stake in Siam Commercial Samaggi Insurance, a general insurance company in Thailand, from Siam Commercial Bank. 13 January 2014
Insurance
RSG Underwriting Managers (the underwriting arm of Ryan Specialty Group) underwrites in the global energy markets via two MGUs: Global Special Risks (GSR), which focuses on fossil fuels, and PERse, which focuses on renewable energy. In this article, executives from each unit offer their perspectives on the challenges and opportunities facing these aspects of the energy sector. 26 July 2018
Insurance
Re/insurers have been blindsided by the influx of alternative capital, neglecting other considerations such as global regulatory change and the uncertainty it brings, Mo Tooker, president of Berkshire Hathaway’s Gen Re, told PCI Today. 28 October 2014
Insurance
Aon has appointed Michael Wolf as vice president and chief counsel – corporate. He will provide legal counsel on corporate and transactional matters. He will also be responsible for the management of all corporate transactions on a global basis. He will report to Peter Lieb, executive vice president and General Counsel of Aon. 21 January 2014
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
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
Bermuda-based Aspen grew its gross written premiums by 6 percent year-on-year to $763.5 million in the third quarter of 2016, driven by its reinsurance unit Aspen Re. 27 October 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
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