Articles
Insurance
Motor claims payout inflation in the UK surged by 8.6 percent in 2018, representing the fourth year of consecutive increases, which combine with further rises in 2019 has increased the pressure on premiums, a benchmarking study found. 23 August 2019
Insurance
US insurance brokerage and risk management firm Risk Strategies has expanded its presence in the Southeast US with the acquisition of National Insurance Consulting Group (NICG). 23 August 2019
Insurance
US specialty insurance services business Ryan Specialty Group (RSG) is acquiring the assets and operations of Pennsylvania-based programme manager The Suitelife. 23 August 2019
Insurance
American International Group (AIG) has appointed The Hartford's Sabra Purtill in a newly created role of deputy CFO, head of treasury, investor & rating agency relations, and corporate development. 22 August 2019
Insurance
Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has added two new senior executives to its US excess casualty group, following the recent team expansions in the Midwest and West regions. 14 August 2019
Insurance
US insurer FedNat has entered into a "cooperation agreement" with its third largest shareholder Capital Returns Management in response to legal proceedings filed by the activist investor, and agreed to add two new directors to its board as part of the deal. 13 August 2019
Alternative Risk Transfer
The insurance-linked securities (ILS) market declined year-on-year in the second quarter of 2019, making it the second-lowest Q2 for issuance by volume in the past eight years, except for 2016. 7 August 2019
Insurance
Specialist insurer Markel Corporation has named John Lecci as senior director of professional liability. He will be heading up the New York-based US professional errors & omissions team. 7 August 2019
Insurance
Previsico, an insurtech spin-out of the Loughborough University specialising in flash flood forecasting technology, is launching into the insurance sector following a seed funding round. 7 August 2019
Insurance
Specialist insurer Beazley has appointed three new underwriters from CNA, Chubb and The Hartford to its US cyber & technology team that the company claims has grown by 25 percent in the past two years. 7 August 2019
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