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Brexit stockpiling creates trade credit insurance shortfall risk
Insurance
Suppliers are at risk of having insufficient trade credit insurance as some British firms, such as retailers and manufacturers, stockpile goods amid mounting concerns of a no-deal Brexit, according to Marsh, an insurance broking and risk management solutions provider.   25 October 2018
Aspen reduces loss in Q3 ahead of Apollo takeover
Insurance
Bermuda-based Aspen Insurance Holdings has reduced its loss in the third quarter of 2018 as the company experienced a lower catastrophe impact.   25 October 2018
Insurance
Florida-based Universal Insurance Holdings is passing the expected $300-350 million gross losses and loss adjustment expenses from hurricane Michael almost entirely to its reinsurance panel.   25 October 2018
Insurance
Mexico’s insurance industry overall remains well-capitalized and can absorb the financial impact generated from Hurricane Willa, according to AM Best.   25 October 2018
Insurance
Property/casualty insurer Chubb has named Keith Higdon as president of ESIS, the company's risk management solutions division, and Joe Vasquez as new head of global accident and health insurance business.   25 October 2018
Insurance
Aon has made two senior hires from Howden and AXA for its private clients division.   25 October 2018
Insurance
UnipolRe, a Dublin-based reinsurer backed by Italian insurer UnipolSai Assicurazioni, has appointed Thierry Pelgrin as a senior underwriter for France, DACH, Belgium, Southern Europe & the Central and Eastern Europe (CEE).   25 October 2018
Insurance
Lloyd’s may appear to be leading the way on championing underwriting discipline, but all re/insurers should charge an appropriate price and also be disciplined on the terms and conditions they offer, Robert Wildbore, director of reinsurance at Ed Broking, told Baden-Baden Today.   24 October 2018
Insurance
Bermuda-based Fidelis Insurance Holdings has revealed plans to establish a re/insurer in Ireland, which it said will allow it to take advantage of opportunities in the European Economic Area.   23 October 2018
Insurance
The Talanx Group, which owns Hannover Re, has outlined ambitious targets for 2019 and beyond – one way it plans to achieve these is by consolidating its reinsurance buying programme.   23 October 2018

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