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Insurance
Lloyd’s has made several new appointments across three charities to help address key issues facing the insurance sector around; innovation, managing risk, building resilient communities and empowering individuals to reach their potential. 5 November 2019
Insurance
AIR Worldwide has launched a Multiple Peril Crop Insurance (MPCI) Model for India to boost “probabilistic assessments” of potential losses caused by yield shortfalls for 11 major crops. 5 November 2019
Insurance
MGA Nexus Group has launched Nexus Specialty Inc. in the US as a rebrand of Equinox Global Inc. as it looks to build the operation both through acquisition and organically to become a leading specialty MGA in the territory. 4 November 2019
Insurance
The re/insurance industry needs to “collaborate closely with the public sector” to close the insurance protection gap in Asia Pacific, according to Hermann Pohlchristoph, a member of Munich Re’s management board. 4 November 2019
Insurance
Industry veteran Steve Assennata has joined IAT Insurance Group, a provider of specialty property and casualty products, as chief underwriting officer (CUO) of its programs unit. 4 November 2019
Insurance
Net income for US Mortgage insurer Radian is $173.4 million in Q3 2019 compared to net income for the quarter ended September 30, 2018 of $142.8 million. 4 November 2019
Insurance
Although Lebanese insurers are accustomed to operating in a challenging economic environment, an accelerating decline in investor confidence and US dollar cash-flow constraints create further risks for insurers with fixed costs in US dollars. 4 November 2019
Insurance
US insurance giant AIG Group reduced its combined ratio from previous years’ ruinous levels, helped by lower catastrophe losses, and its reinsurance strategy. 4 November 2019
Insurance
David Putz has joined insurance brokerage Brown & Brown as executive vice president of Arrowhead General Insurance Agency and a leader with Brown & Brown’s national programs division. 4 November 2019
Insurance
Gross written premiums for property and casualty insurance holding company United Insurance Holdings have increased by $21.3 million, or 7.2 percent, to $317.2 million, for Q3 2019, from $295.9 million for Q3 2018. The company said this primarily reflected organic growth in new and renewal business generated in all regions. 4 November 2019
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