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Reinsurers are likely to see further erosion in 2019, following another year of major catastrophe losses, according to ratings agency AM Best. 28 October 2019
Insurance
Marsh, the insurance broker and risk adviser, has appointed Louise Nevill as chief executive for Marsh JLT Specialty’s UK Marine & Cargo business. 28 October 2019
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US insurer Applied Underwriters and its subsidiary North American Casualty Co., a group of diversified, national financial services companies, have been acquired by Applied's founder, Steve Menzies, joined by the Quasha Group led by Quadrant Management. 17 October 2019
Insurance
The Life Insurance Settlement Association (LISA), the oldest and largest trade association representing members of the life settlement industry, rolled out an aggressive strategy for encouraging legislation that protects a consumer’s right to sell a life insurance policy at its 25th Annual Fall Life Settlement & Compliance Conference this week. It also announced its new board of directors. 16 October 2019
Insurance
CLS Risk Solution has launched its Public Procurement Insurance (PPI) for the broker market, having seen a 10-fold rise in enquiries following a recent legal ruling. 14 October 2019
Insurance
Healthcare liability insurer MedPro Group (MedPro) has entered into a definitive agreement with Swiss Re Corporate Solutions (SRCS) to acquire the renewal rights to SRCS’s healthcare professional liability book of business effective October 11, 2019. 14 October 2019
Insurance
According to a new report by Fitch Ratings, the excess and surplus (E&S) lines market in the US grew 15 percent in the first half of 2019 - a trend it says will continue in the near future. 30 September 2019
Insurance
AXA has overtaken AIG in the United States directors and officers (D&O) liability market, a sector that has seen double-digit rate increases in the past year. 27 September 2019
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has expanded its global footprint by opening a new office in Madrid, and hired its country manager from RSA Spain. 23 September 2019
Insurance
Sentiment on the Turkish insurance market has become less optimistic in recent times, as it has generated poor underwriting performance for most market participants. 23 September 2019
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