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Insurance
The number of companies writing flood insurance in Florida has doubled from 10 to 20 firms in the past year, mainly thanks to the use of new technology to better predict and price flood risk, according to a report by Lisa Miller & Associates. 20 July 2017
Insurance
Global economic losses from natural disasters for 1H 2017 were estimated at $53 billion – 56 percent lower than the 10-year average of $122 billion and 39 percent lower than the 17-year average of $87 billion, according to Aon catastrophe report. 20 July 2017
Insurance
Mercer, a subsidiary of Marsh & McLennan Companies, has appointed Rohit Mehrotra as new chief executive officer (CEO) of Mercer Digital, the firm's new business covering digital solutions. 20 July 2017
Insurance
Lloyd’s syndicates will be able to get business plans approved faster in the event of the next hard market if triggered by a single big event. 19 July 2017
Insurance
Specialty managing general agent (MGA) Nexus Group has acquired the US based personal accident treaty reinsurance MGA operated by Lloyd's coverholder ZON Re via an asset purchase. 19 July 2017
Insurance
UK insurer Aviva is selling its Asia and Middle East life business Friends Provident International (FPIL) to RL360 Holding Company, a subsidiary of International Financial Group, for a total consideration of £340 million. 19 July 2017
Insurance
Vizion Insurance Brokers, a new broking venture launched by the former heads of Bluefin and Chubb, has expanded its leadership team with the addition of Pete Living as a founding partner. 19 July 2017
Insurance
Global loss adjuster McLarens has promoted John Cupitt as head of its global marine division. 19 July 2017
Insurance
Insurance broker Lockton has hired Chris Hartnett in its Nashville office, and James Spears in St. Louis Series, as new producers. 18 July 2017
Insurance
Property/casualty insurer Chubb is creating a standalone cyber risk business under Bill Stewart as division president. 12 July 2017
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