Articles
Insurance
Broker Willis Towers Watson has reinforced its existing facultative reinsurance business in France by growing its team of specialists based in Paris. 24 July 2018
Insurance
US-based re/insurance broker Brown & Brown has increased organic revenue by 5.2 percent year on year in the second quarter of 2018 to $472.7 million on an adjusted basis and excluding a new revenue standard. 24 July 2018
Insurance
UK motor insurers have voted for MIB (Motor Insurers’ Bureau) to handle and pay the claims from victims involved in a terrorist event where a vehicle is used to kill or injure. 23 July 2018
Alternative Risk Transfer
Some of the bigger ILS funds are well down the road towards securing ratings—a move that will see them complete their journey from nimble newcomers to occupying a central ground and competing with traditional players on their own turf. This could be a game-changer for the market, as Intelligent Insurer reports. 23 July 2018
Insurance
Specialty re/insurer Brit has appointed Stephen Quinton to the role of class underwriter, kidnap and ransom (K&R), effective as of Sept. 3. He joins Brit from Travelers Syndicate Management. 23 July 2018
Insurance
Specialist insurer Beazley has started a search for a new group finance director to replace Martin Bride. 20 July 2018
Insurance
Everest Re Group expects to report a charge for net reserve adjustments of approximately $250 million, after tax, for the second quarter of 2018. 20 July 2018
Insurance
Beazley saw rates overall rise by 3 percent in the first half of 2018 with the property business benefitting most with prices going up by 10 percent, according to CEO Andrew Horton. 20 July 2018
Insurance
Specialty insurer RLI has been impacted by volcanic activity in Hawaii but managed to improve earnings in the second quarter of 2018 nevertheless. 19 July 2018
Insurance
Managing general agents (MGA) showed optimism about the sector’s growth potential in the latest MGAA Matters survey conducted by the Managing General Agents’ Association (MGAA) with over 57 percent saying they expected the number of specialist and niche MGAs would increase. 18 July 2018
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