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Insurance
US-based Ryan Specialty Group (RSG) has announced that it has reached a definitive agreement to acquire all the assets of managing general agency (MGA) LoVullo Associates, a wholesale insurance brokerage and binding authority operation based in New York. 31 March 2017
Insurance
The Insurance Council of Australia (ICA) said that Tropical Cyclone Debbie triggered 7,500 claims and that insurance losses could reach into the hundreds of millions of dollars as householders and businesses return to their properties and lodge claims. 31 March 2017
Insurance
The Insurance Council of Australia (ICA) has declared a catastrophe for damage caused by Category 4 severe tropical Cyclone Debbie, which made landfall today (March 28) in Queensland, Australia. 28 March 2017
Insurance
Global 2016 losses from disasters, both economic and insured, were the highest since 2012 and reversed the downtrend of the last four years, according to a new Swiss Re Sigma report. 28 March 2017
Insurance
Aon Risk Solutions, the global risk management business of Aon, has appointed Jenna Pettinelli as vice president and property broker in the company’s Philadelphia, Pennsylvania office. 28 March 2017
Insurance
Canada-based life insurance company Sun Life Financial has made strategic changes to its executive team with effect from May 29, according to a statement. 28 March 2017
Alternative Risk Transfer
The ILS market remains on course for healthy growth as it enters the second quarter of the year, according to Paul Schultz, chief executive of Aon Securities. 23 March 2017
Insurance
Specialist insurer Markel International has launched a surety offering following its appointment of new executives from Aviva and Euler Hermes. 9 March 2017
Insurance
The establishment of a Lloyd’s branch in India is being followed by intense activity among syndicates keen to increase their exposure to the country, according to law firm Clyde & Co. 7 March 2017
Insurance
Motor re/insurers face a material one-off reserving hit due to the UK’s Ogden personal injury discount rate cut, hurting profitability, but ratings will remain unaffected, Moody's said. 7 March 2017
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