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Insurance
Specialist credit and political risk insurance brokers BPL Global and EIA Global have signed a memorandum of understanding (MoU) to form a joint venture insurance broking company in New York, focusing on global financial institutions. 11 October 2017
Insurance
Global broking company Brokerslink said on Oct. 11 that it launched a new cyber risk management and insurance facility together with service provider Safeonline. 11 October 2017
Insurance
The new UK insurance group Ardonagh has announced its intention to acquire UK motorcycle broker Carole Nash Insurance Consultants and SME broker Mastercover. 11 October 2017
Insurance
Aon Consulting has filed a lawsuit against Marsh over misappropriation of trade secrets, deceptive trade practices, unfair competition, and tortious interference with a prospective economic advantage. 10 October 2017
Insurance
Wildfires swept through Northern California’s world-famous wine country, destroying homes and businesses, Reuters reported on Oct. 9. 10 October 2017
Insurance
Zurich Insurance has entered into a new long-term capacity deal with Harrogate-based specialist agricultural insurer Rural Insurance. 10 October 2017
Insurance
American International Group (AIG) said on Oct. 9 that it expects to report third quarter 2017 pre-tax catastrophe losses net of reinsurance of $2.9 billion to $3.1 billion ($1.9 billion to $2.0 billion after-tax). 10 October 2017
Insurance
Bermuda-based Validus Holdings said on Oct. 9 that it expects to record losses from third quarter natural catastrophes in the amount of $378.9 million. 10 October 2017
Insurance
Reinsurance broking and risk/capital management firm TigerRisk Partners has appointed Seth Ruff as partner and head of reinsurance solutions. 10 October 2017
Insurance
Comprehensive car insurance premiums have fallen by an average of 1.1 percent in the third quarter of 2017 in the UK, the largest quarterly reduction in premiums seen in more than three years. 10 October 2017
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