Articles

Insurance

Hurricane Florence to cause $30-60bn economic loss

Hurricane Florence will cause $30-60 billion in economic impact and damage, according to estimates by commercial weather forecasting services provider AccuWeather.   14 September 2018

Insurance

Hurricane Florence hits US East Coast

Tens of thousands of homes are without power and sea water is sloshing through coastal streets as hurricane Florence begins lashing the US East Coast, according to a BBC News Sept. 15 report.   14 September 2018

Insurance

US P/C insurers benefit from excess & surplus lines rebound

A recovery of the US excess and surplus (E&S) lines insurance market is benefitting US property & casualty (P/C) insurance companies, according to a Fitch Ratings report.   14 September 2018

Insurance

Liberty taps Allianz exec to develop UK, international coverholder business

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Lewis Edwards to the newly created role of head of underwriting, delegated authority for specialty lines.   14 September 2018

Insurance

SCOR to sell its employee wellness solutions unit Rehalto

French reinsurer SCOR is in exclusive negotiations with the employee support services provider Workplace Options to sell SCOR Global Life's employee wellness solutions subsidiary Rehalto.   14 September 2018

Insurance

Legal & General strikes £4.4 bn UK bulk annuity deal

Legal & General Group has completed a £4.4 billion buy-in for British Airways pension scheme, Airways Pension Scheme (APS).   14 September 2018

Insurance

Category 5 super typhoon Mangkhut to batter the Philippines

Typhoon Mangkhut will landfall along the northeastern coast of Luzon, Philippines within the next 20 hours as a very intense category 5 super typhoon, according to Aon’s Impact Forecasting Cat Alert.   14 September 2018

Insurance

Liberty merges Canadian subsidiaries

Boston-headquartered Liberty Mutual Insurance is rebranding its Liberty International Underwriters (LIU Canada) and Ironshore Canada units as Liberty Mutual Canada.   14 September 2018

Insurance

Validus Specialty expands into crisis management with Liberty hire

Validus Specialty has expanded its product suite with the launch of crisis management insurance solutions in the US, and appointed Jane McCarthy to lead the development of the new portfolio.   14 September 2018

Insurance

Travelers taps new chief information officer from Liberty Mutual

Property/casualty insurer Travelers Companies has appointed Mojgan Lefebvre as executive vice president and chief information officer. She succeeds Madelyn Lankton, who will retire this month after 36 years with Travelers.   12 September 2018

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