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Insurance
Broker Arthur J Gallagher (AJG) has acquired the National Administration Company (NAC), a national programme administrator. 1 September 2015
Insurance
Chubb's global cyber risk practice has launched a service to assist policyholders with ransomware attacks. 23 March 2016
Insurance
From a cat modeller’s perspective, the hottest topic in Asia at present is insurers’ concern over flood risk, Dr Iain Willis, managing director of JBA Risk Management, told EAIC Today. 11 October 2016
Insurance
XL Group’s North America distribution and network team has added Michael Kretiv, formerly of AIG, as vice president and client distribution leader, as it seeks to drive insurance business growth in Dallas and its surrounding region. 22 August 2014
News
Singapore is likely to maintain its position as the pre-eminent re/insurance hub in Asia, despite the emergence of rival centres in the region, according to Axco Insurance Information Services. 2 March 2016
Insurance
Catastrophe modelling firm AIR Worldwide has introduced a new inland flood model for Japan, which it believes is the first of its kind in the sense that it is able to factor in all types of precipitation, Milan Simic, the firm’s executive vice president and managing director, international operations, told SIRC Today. 30 October 2017
Insurance
New flood data from JBA Risk Management has enabled UK homeowners in high flood risk areas to get insurance cover for their excesses for the first time. 13 March 2015
Insurance
While global insurance hubs such as London (including the Lloyd’s market) and Bermuda remain at the forefront of innovation for the industry, times are changing and the location of people’s desks is less important than it once was. 25 June 2014
Insurance
Specialist lines underwriting agency CFC has strengthened its cyber product suite with an online hub that enables brokers to deliver an end-to-end solution to their clients. 3 September 2015
Insurance
Although Munich Re issued a profit warning in September as a result of the Fall nat cat events in Mexico and the US, it is still not ready to release figures for the losses. Hermann Pohlchristoph, a member of Munich Re’s Board of Management, said in a press briefing at Baden-Baden that the company was reluctant to be the first to release such figures. 24 October 2017
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