News
Insurance
Lloyd’s chief financial officer has mooted the idea that brokers should reduce the commission they make on business placed in the market as a way of reducing the overall cost of using Lloyd’s. 26 January 2018
Insurance
Rate increases in the January 2018 renewals were lower than expected after the significant natural catastrophe losses of the third quarter of 2017 but retrocession catastrophe programmes increased by up to 20 percent, according to a JLT Re market report. 26 January 2018
Insurance
The record-breaking level of rainfall from Hurricane Harvey—combined with potentially high losses from Hurricane Irma—will help determine what, if anything, the market has learned since the 2005 hurricane season, the last time several major hurricanes made landfall. 10 September 2017
News
In the first half of 2018, Swiss Re’s earnings were driven by underwriting, a shift from the same period a year ago. 6 August 2018
Insurance
Cincinnati Re, a division of The Cincinnati Insurance Company, grows its team in its second year of expansion. 3 August 2016
Insurance
Norway's Protector Forsikring, the insurer on the London tower block that has been devastated by fire today (Wednesday June 14), has confirmed that all its property claims in UK and in the Nordic market are covered by Munich Re. 14 June 2017
Insurance
Broker Aon is to retire its business unit brands Aon Risk Solutions and Aon Benfield, and create an integrated global operating committee, co-led by Eric Andersen and Michael O'Connor. 15 May 2018
Insurance
The Channel Syndicate 2015 has launched at innovation division aimed at targeting opportunities arising from emerging risks, including cyber. 24 June 2016
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has launched an underwriting cell of Vecta Risk Partners to target accident & health (A&H), travel and lifestyle insurance business across the UK and European economic area (EEA). 9 January 2017
Insurance
Irma’s insured damage in Florida could be the largest ever in the US, perhaps equivalent to Hurricane Katrina in 2005 which recorded $50 billion on an inflation-adjusted basis, Barclays analyst Jay Gelb said in a Sept. 5 equity research analyst note. 6 September 2017
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