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Insurance
The global property/casualty (P&C) insurance market will see further premium growth in 2018 supported by continued economic expansion while robust capitalization offsets profitability pressure from still-low interest rates and rising claims inflation, according to Moody's. 15 December 2017
Insurance
Marine insurance provider Skuld said that the contingency reserve reached a record high of $421 million in the first nine months of 2017, up 15.6 percent compared to the same period of 2016. 15 December 2017
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance Holdings received approval from Lloyd’s for Syndicate 1980 to commence underwriting business attaching on or after 1 January 2018. 14 December 2017
Insurance
Specialist Lloyd's insurance group Chaucer has appointed Jerome Faure as an independent non-executive director of its managing agency and main operating company Chaucer Syndicates Limited (CSL). 13 December 2017
Insurance
Marine insurance provider Skuld has appointed Rachael Simpson as senior vice president, London P&I (protection and indemnity) operations. 11 December 2017
Insurance
Australia’s IAG has entered into three agreements to quota share a combined 12.5 percent of its consolidated business from Jan. 1, 2018. 8 December 2017
Insurance
Catastrophe modelling firm AIR Worldwide has updated its loss estimates for hurricane Maria in the Caribbean to between $27 billion and $48 billion. 7 December 2017
Insurance
The US Federal Emergency Management Agency (FEMA) is submitting a claim to recover the full $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program. 6 December 2017
Insurance
A flurry of wildfires torched more than 65,000 acres in Southern California and are likely to have destroyed hundreds of buildings, according to news reports. 6 December 2017
Insurance
Specialist re/insurance broker THB has appointed Declan Durkan as commercial and placement director for its combined fleet and commercial operation in the UK. 6 December 2017
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