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A new London Market Energy Claims Committee has been set up to with the aim of establishing best practice guidelines for the sector. The group is overseen by the International Underwriting Association and hopes to improve client service with a more streamlined and cohesive approach to claims handling. 9 October 2013
Insurance
Rated insurers are unlikely to be impacted by amendments to the Counter-Terrorism and Security Bill in the UK which would make it illegal for insurers to reimburse ransom payments made to terrorist organisations. 28 November 2014
Insurance
Markel International has appointed Linda Naili, to its expanding trade credit team in Singapore. 13 November 2014
News
The industry’s capital continues to grow despite pressure on profits, says Mike Van Slooten, as he unveils the findings of the latest Aon Benfield Aggregate report to Monte Carlo Today. 12 September 2016
Alternative Risk Transfer
As the ILS asset class has become more complex, so have the fund managers who handle the assets, says Paul Schultz, CEO, Aon Securities. 24 June 2015
Insurance
A new data protection regulation which comes into force from May 25 in Europe will offer customers more insight into insurers’ decisions with regards to pricing and claims payments, increasing the likelihood of disputes while facilitating the switch to a different provider, as Intelligent Insurer discovers. 21 May 2018
Insurance
ACE has launched a new business unit that designed to provide insurance and risk management solutions related to cyber risk for its clients globally. 8 April 2014
Insurance
A very competitive environment around acquisitions in the US market means that Cooper, Gay, Swett & Crawford (CGSC) is seeking strategic hires in that market instead. It also has five acquisitions in Latin America going through due diligence. 17 September 2014
News
Indian reinsurer GIC Re will seek growth by extending its reach to the US and Latin American markets, while working on an initiative with the Indian government to create a natural catastrophe pool in India. 14 September 2015
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