News
Insurance
The first estimates have been released of the anticipated industry insured losses from the M7.1 earthquake that struck central Mexico on September 19. 25 September 2017
Insurance
The market reports a £2.5bn return to profit and improved underwriting performance, but the pandemic is already taking its toll hitting assets and refocusing future priorities. CEO John Neal says the outbreak will change the world and ways of working forever. Intelligent Insurer reports. 27 March 2020
Insurance
Hamilton at Lloyd’s is confident it will reach its premium plan for 2016, and already has plans to almost double that figure in 2017, partially thanks to the underwriting talent it has attracted after launching at Lloyd’s last year, Trevor Carvey, active underwriter/head of treaty, told Baden-Baden Today. 25 October 2016
Insurance
Large reinsurance buyers claim they are not focusing on price in the upcoming renewals season. 18 October 2016
Insurance
Endurance has again launched a blistering attack on the performance of Aspen Insurance as it continues to try to convince Aspen shareholders to force a special general meeting that would pave the way for Endurance to buy the company. 10 July 2014
Insurance
The way in which insurance companies operate is the polar opposite of Generation Y (millennials), a generation synonymous with technology and social media. 22 September 2017
Insurance
Risk managers are giving greater consideration to how they will finance increasing risk exposures, such as terrorism, as socio-political events intensify, according to JLT. 1 July 2016
Insurance
Catastrophe losses stemming mainly from the three the hurricanes and wildfires that hit the US last year cost Berkshire Hathaway some $3 billion and led to heavy underwriting losses in its re/insurance units. But Warren Buffett, the company’s chairman, was quick to stress that such years are rare and prior to 2017 the company had recorded 14 consecutive years of underwriting profits. 26 February 2018
Insurance
A report by Zurich Insurance calls for improving the language around the ‘100 year flood’ event to one that illustrates the level of risk and the consequences for individuals and communities. 25 August 2016
Insurance
Though most London market insurers are performing well and have strong balance sheets, they must beware of the threat of opportunistic capital exploiting any turn in the market. They must adapt their soft market strategies with this in mind, AM Best has claimed in a report. 24 August 2016
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