News
Insurance
Asia-Pacific is not yet at the same level as the US or Europe in terms of quality, high-resolution data, which creates challenges in terms of accurately pricing and underwriting risk, Jason Futers, CEO of Insurdata, told SIRC Today. 29 October 2018
Insurance
Flood exposure data in Asia poses challenges due to the lack of precise location information, which in turn is making it difficult to underwrite this risk and close the protection gap, Iain Willis, managing director of JBA Risk Management Singapore, told SIRC Today. 29 October 2018
Insurance
Ireland is the favoured location for London company market players wanting to secure access to EU customers after the UK leaves the EU, according to the latest London Company Market Statistics Report published by the International Underwriting Association of London (IUA). 23 October 2018
Insurance
As consolidation reduces the choice of reinsurance brokers, privately-owned Lockton is reaping the rewards of offering a real alternative and is enjoying strong growth as a result, the firm’s Mark Waterkeyn tells Baden-Baden Today. 23 October 2018
Insurance
AEGIS London, a Lloyd's managing agency and the UK-based subsidiary of AEGIS, has hired James Hyett as cargo underwriter. 18 October 2018
Insurance
US-based property/casualty insurer Travelers has teamed up with Amazon to offer smart home solutions through a digital storefront on the electronic commerce giant. 10 October 2018
Insurance
Outgoing Lloyd’s CEO Inga Beale has received sexist and homophobic abuse when she became the first female CEO of Lloyd’s of London, according to The Times. 8 October 2018
Insurance
Tropical storm Michael is expected to become a hurricane and carry strong winds and rain to Cuba, Florida and southern Georgia, according to the National Hurricane Center (NHC). 8 October 2018
Insurance
Following an in-depth business and financial review, S&P Global Ratings believes Marsh&McLennan (MMC) will likely be committed to and able to de-lever back to a range appropriate for the firm’s current rating despite a very significant increase in debt to fund its acquisition of insurance broker JLT. 8 October 2018
Insurance
Lancashire Holdings has issued a profit warning for its third quarter 2018 results due to losses in its marine and catastrophe re/insurance portfolios. 8 October 2018
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