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The insurance market has developed and adapted their products to meet the evolving nature of terrorism toward unsophisticated small-cell or lone-wolf styled attacks using vehicles to ram pedestrians, small arms or knives, broker Willis Towers Watson said June 20. 21 June 2017
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has launched specialist commercial crime and management liability products targeted at UK private limited companies. 21 June 2017
Insurance
Australian-based cover holder Epsilon Underwriting Agency has appointed former SRS Underwriting Agency and Pen Underwriting chief executive, Paul Lynam, as its chairman. 21 June 2017
Insurance
The total value of insurance claims for the 14 November 2016 Kaikōura earthquake in New Zealand as at 31 May 2017 is NZ$1.84 billion (£1.06 billion) the Insurance Council of New Zealand reported on June 21. 21 June 2017
Insurance
Specialist re/insurance provider Pro Global Insurance Solutions in Argentina, part of Pro Global, has partnered with Germany-based ZASS International to enhanced its global marine recoveries operations. 21 June 2017
Insurance
Australia’s QBE Insurance Group has said on June 21 that “significantly higher than expected claims activity during the first five months of the year in emerging markets” will hit its interim and full year results. 21 June 2017
Insurance
Lloyd’s is losing market share in emerging markets including high-growth Asia and may face conflicts with members if it wants to regain business in the region, says Steve Jackson, partner at Rainmaker International, a Brokerslink specialty member. 14 June 2017
Insurance
The London Market, along with its flagship Lloyd’s, is falling behind in the important high-growth Asian insurance market as well as in major emerging markets such as Latin America. 13 June 2017
Insurance
Specialty insurer Markel Corporation has combined its wholesale excess and surplus lines and global insurance complex, risk-managed accounts divisions to form a new insurance division named Markel Assurance. 8 June 2017
Insurance
Reinsurance, wholesale and specialty broker Ed has appointed Mike Hernandez to the newly-created role of chairman, and Agustin de Freitas as CEO of Ed Broking LatAm. 8 June 2017
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