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Insurance
Bermuda-based specialty re/insurer Aspen is expecting significant rate increases of up to 20 percent in some business areas. 20 November 2017
Insurance
The board of directors of North and Sunderland Marine has agreed that a subsidiary insurance company should be established in Ireland to underwrite all future European Economic Area (EEA) business with effect from Feb. 20, 2019. 20 November 2017
Insurance
Hurricanes in North America have reduced Sompo’s consolidated net profit to ￥1.9 billion ($20 million) in the six months ended Sept. 30 (first half of Sompo’s financial year) compared to ￥43.4 billion in the same period a year ago. 20 November 2017
Insurance
MS Amlin has recorded ¥87.4 billion ($780 million) in nat cat losses including hurricanes Harvey, Irma and Maria as well as earthquakes in Mexico. 20 November 2017
Insurance
The UK motor insurance market’s profitability is expected to approach break even in 2017 and see a strong uplift in profits in 2018, according to EY’s latest UK motor insurance analysis. 20 November 2017
Insurance
The holding company of RFIB Group, a re/insurance broker at Lloyd's, and Limehouse Agencies has appointed Steven Beard as its chief financial officer (CFO). 20 November 2017
Insurance
Claes Lindh has decided to step down after more than 10 years at marine insurance provider Skuld. 20 November 2017
Insurance
Mapfre Re is set to establish a new representative office in Tokyo, Japan with the objective of increasing its reinsurance business in the Asia Pacific region. 20 November 2017
Insurance
Lloyd’s is testing the business impact of implementing a new smart data analytics platform for managing an insured vessel fleet in cooperation with data provider Windward. 20 November 2017
Insurance
Pay-as-you go insurance provider Zego has raised £6 million in series A funding from Balderton Capital, as the startup gets ready to launch new products for flexible workers employed in the sharing economy. 20 November 2017
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