News
Insurance
Trident Insurance Group, a specialist in the surety bond market primarily in the Mid-Atlantic region of the US, has signed a reinsurance treaty with Beazley Insurance Company. 12 June 2019
Insurance
Cyber insurance premiums in the US increased to $2.03 billion in 2018, a rise of around 10 percent from 2017, analysis by Aon has revealed. 12 June 2019
Insurance
Howden, the retail broking arm of Hyperion Insurance Group, has partnered with cyber risk quantification solutions provider Cytegic to automate cyber risk assessment and financial impact analysis across global markets. 12 June 2019
Insurance
The number of securities class action lawsuits has more than doubled in the past four years, but according to insurer Chubb, the beneficiaries of the payouts are not “harmed investors” but instead its lawyers bringing cases of “dubious merit”. 11 June 2019
Insurance
Insurer Aviva has appointed Jason Storah as new chief executive of its Canadian business, replacing Colm Holmes. 11 June 2019
Insurance
US commercial insurance prices have increased in the first quarter of 2019, but the growth was just under 2 percent, according to Willis Towers Watson. 11 June 2019
Insurance
Specialty insurer Tokio Marine HCC has expanded its marine liability division, which began trading in January, with the appointment of Paul Knighton as marine liability & logistics underwriter. 11 June 2019
Insurance
PERILS has updated its loss estimate for extratropical cyclone Dragi-Eberhard with a revised figure of €798 million. This is an increase from the initial loss of €740 million, which was issued by Perils on the 18th of April 2019. 7 June 2019
Insurance
Global reinsurance pricing is “a firming market” rather than a hard one, according to S&P Global, which suggested that “green shoots” could be on the way for reinsurers in 2019. 7 June 2019
Insurance
HCI Group, a provider of property/casualty insurance in Florida, has completed its 2019-2020 catastrophe reinsurance programme, securing a total limit of $1.477 billion. 6 June 2019
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