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Insurance
Following the major fire at Grenfell Tower in North Kensington, west London, casualty accumulations and casualty losses have come right into the focus of casualty re/insurers and the assessment shows that commercial clients are not buying enough liability limits. 23 June 2017
Insurance
A collaboration between insurers and IoT service providers is key to enable companies to interpret the huge amount of data available, model and price risks more accurately. 23 June 2017
Insurance
US-based Ryan Specialty Group has completed the sale of its UK insurance services and claims management subsidiary Ryan Direct Group (RDG) to newly-formed holding KIRS Group. 23 June 2017
News
Global reinsurers face further rate declines in 2017, driven by an abundance of reinsurance capacity and many years of modest insured losses, according to a June 23 S&P report titled, "Déjà Vu All Over Again: Global Reinsurers Awake To Another Year Of Declining Rates." 23 June 2017
Insurance
Top cyber insurance writers have shifted their writings to standalone policies and away from packaged policies, according to a June 22 AM Best report. 23 June 2017
Insurance
Reinsurance broker and consultant JLT Re has appointed Deanna Williams as a partner in its Bermuda operation, reporting to Charles Withers-Clarke, partner, JLT Re in Bermuda. 22 June 2017
Insurance
UK insurer Aviva has appointed Maurice Tulloch as an executive director of the company and a member of the board. 22 June 2017
Insurance
Specialist global insurer MS Amlin has appointed Björn Gehrcken as lead class underwriter of marine and aviation, based in the company’s Hamburg office. 22 June 2017
Insurance
Former Aon Benfield executive chairman Michael O’Halleran has joined insurtech venture capital firm ManchesterStory Group as a special advisor and chair of the advisory board. 22 June 2017
Insurance
Chaucer, an insurance group underwriting at Lloyd's, has launched a Dublin-based subsidiary to write international specialty re/insurance business, after receiving approval from the Central Bank of Ireland. 21 June 2017
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