Articles
Insurance
The average annual insured losses of a 1 in 100-year return period cat event has increased to $270.9 billion in 2018 from $246.9 billion, according to data provider AIR. 27 November 2018
Insurance
Specialist insurer Markel has partnered with European yacht insurance provider Pantaenius to strengthen its global yacht offering. 27 November 2018
Insurance
Syndicate Research (SRL) has changed the outlook for the Continuity Opinion of Lloyd's syndicate 2001 (MS Amlin Underwriting) to negative due to the “difficulty in turning around” the operation. 26 November 2018
Insurance
Jeremy Pinchin, group claims director of Bermuda-based specialist insurer Hiscox, is retiring at the end of February 2019. 22 November 2018
Insurance
AM Best has assigned a Financial Strength Rating (FSR) of B (Fair) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” to UK-based Folgate Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. 22 November 2018
Insurance
Shirine Khoury-Haq, chief operating officer (COO) of specialist insurance and reinsurance market Lloyd's of London, is leaving the corporation after five years. 21 November 2018
Insurance
AXA has completed a secondary common stock offering of its US life and asset management business Equitable Holdings (EQH) for net proceeds of $1.8 billion. 21 November 2018
Insurance
Property/casualty insurer Liberty Mutual is realigning its excess casualty operations and increasing its capacity to $100 million. 21 November 2018
Insurance
Speciality insurer Tokio Marine HCC has hired AXIS Capital's head of marine as part of its growth strategy in the marine insurance market. 21 November 2018
Insurance
Spanish re/insurer Mapfre is investing €25 million in Alma Mundi Insurtech Fund that focusses on startups in the insurance sector. 21 November 2018
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