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Insurance
The risk to US property from thunderstorms is as high as from hurricanes, according to a Willis Re report. 20 March 2017
Insurance
Property and casualty re/insurer XL Catlin said on Sept. 20 that it is expanding its political risk underwriting capabilities in Iberia with the appointment of Santiago Herrero as head of political risk, credit & bond (PRCB) - Iberia. 21 September 2017
News
Brazilian reinsurer Austral Re has announced its plan to expand in the Latin American region as its seeks to further build its overseas business. 6 October 2017
Insurance
American International Group’s (AIG) leaving CEO Peter Hancock was denied a bonus for 2016 after the company recorded a $3 billion net loss for the fourth quarter of 2016. 20 March 2017
Insurance
The systematic collection of high-quality natural catastrophe exposure and actual event loss data in some of the new markets PERILS has expanded into will prove invaluable for companies constructing risk models covering those territories. 12 September 2017
Insurance
Credit insurance company Euler Hermes has been adjusting its portfolio in recent years. As growth in its traditional core of trade credit insurance has faltered, it has moved into surety products and recently secured approval to insure bonds issued by US states, an important achievement for the company. 12 September 2017
Insurance
Insurance giant American International Group (AIG) has partnered with technology firm IBM to develop a "smart" insurance policy that uses blockchain to manage complex international coverage, Reuters reported on June 14. 15 June 2017
Insurance
Specialist insurer Hiscox has appointed Kate Markham as CEO for its London Market business. 11 October 2017
Insurance
Pricing in the mortgage credit risk market has reduced significantly in recent years, but it remains a very profitable business for reinsurers, with more showing an interest in moving into this sector all the time, Joe Monaghan, executive managing director of Aon’s Reinsurance Solutions business, told PCI Today. 30 October 2018
Insurance
Property/casualty insurer Chubb has made several new leadership appointments within its global casualty and excess casualty lines of business for North America major accounts division, which serves large US and Canadian-based companies for complex global risks. 14 July 2017
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