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Auto insurers could be hard hit by the flooding in Texas triggered by Hurricane Harvey, according to S&P Global Ratings, which has also warned that business interruption claims could be high. 29 August 2017
Insurance
International broker Arthur J Gallagher & Co (AJG) has acquired wholesale broker Joseph Distel & Co (Distel) in Farmington, Connecticut. 31 March 2016
Insurance
Specialist insurer Beazley has appointed Najib Bousakr to spearhead the growth of its specialty lines business in Latin America. 17 March 2017
Insurance
Bermuda-based Ironshore has expanded its mergers and acquisitions (M&A) capabilities with a team of new hires in the Americas and extended cover capacity. 17 March 2017
Alternative Risk Transfer
COVID-19 is first and foremost a human tragedy. But, like other crises, it is pushing investors towards simple, liquid assets that offer underlying cash flows and that are not correlated with other asset classes, as AkinovA’s Henri Winand told Solomon Teague. 26 March 2020
Insurance
Insurance broker Marsh has appointed Phil Barton as chief executive officer (CEO) of Jelf. He succeeds Alex Alway, who is to become a non-executive director on the Marsh board. 11 December 2015
Insurance
Reinsurance rates in the Latin American region are sometimes lower than those in Europe, making it difficult for Sompo to justify the deployment of capital to the region. 15 November 2017
Insurance
Pioneer Underwriting, a specialist Managing General Agency (MGA), has created a North American Primary PI underwriting unit, continuing with its development strategy. 17 May 2013
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Specialist Lloyd's underwriter Marketform has completed a strategic review of the underwriting area of its business and has confirmed which lines it is committed to going forward. 29 March 2016
News
ISO, a provider of information about property/casualty insurance risk, has launched a series of inland marine insurance forms to help protect businesses from liabilities associated with the potential crashes of commercial drones including damage to the drones, their equipment, and their cargo. 29 March 2016
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