Articles
Insurance
A modeled single-event cyber catastrophe would generate “meaningful to significant” gross losses for three of the top 20 cyber insurance providers, ranging from 15 percent to 119 percent of these companies’ estimated 2022 policyholder surplus under a stress-test scenario, according to AM Best. 21 August 2018
Insurance
Industry insured losses from the flooding in western Japan caused by excessive rainfall from June 28 to July 8, 2018, will be between ¥284 billion ($2.6 billion) and ¥423 billion ($4.0 billion), according to catastrophe modelling firm AIR Worldwide. 21 August 2018
Insurance
Aon has appointed Brian Wanat as chief broking officer of US commercial risk solutions. 17 August 2018
Insurance
Hannover Re grew gross written premium in property and casualty (P&C) reinsurance by 19.2 percent year on year to €6.47 billion in the first half of 2018. 9 August 2018
Insurance
Zurich Insurance Group’s property & casualty (P&C) operations benefitted from an improved underwriting performance in the first half of 2018. 9 August 2018
Insurance
Specialist insurer Hiscox has partnered with London-based artificial intelligence (AI) startup Eigen Technologies to automate multiple internal processes at the firm by launching two pilots. 9 August 2018
Insurance
Specialty insurer Navigators Group has expanded gross written premiums by 10.0 percent year on year to $497.2 million in the second quarter of 2018. 9 August 2018
Insurance
Global commercial insurance prices rose in the second quarter of 2018 for the third consecutive quarter, according to Marsh. 9 August 2018
Insurance
Specialist commercial re/insurer International General Insurance Holdings (IGI) has strengthened its energy offering with the appointment of James Green as senior underwriter for downstream energy. 9 August 2018
Insurance
Specialty insurance group Tokio Marine HCC has appointed Christopher Skarinka as chief operating officer (COO) for its professional lines and public risk groups, which specialises in small accounts errors & omissions (E&O) coverage and municipality business. 9 August 2018
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