News

Insurance

Western Japan floods trigger up to $4bn claims

Industry insured losses from the flooding in western Japan caused by excessive rainfall from June 28 to July 8, 2018, will be between ¥284 billion ($2.6 billion) and ¥423 billion ($4.0 billion), according to catastrophe modelling firm AIR Worldwide.   21 August 2018

Insurance

Aon names US commercial risk broking head

Aon has appointed Brian Wanat as chief broking officer of US commercial risk solutions.   17 August 2018

Insurance

Hannover Re P&C volume jumps 19.2% in H1

Hannover Re grew gross written premium in property and casualty (P&C) reinsurance by 19.2 percent year on year to €6.47 billion in the first half of 2018.   9 August 2018

Insurance

Zurich improves P&C performance in H1

Zurich Insurance Group’s property & casualty (P&C) operations benefitted from an improved underwriting performance in the first half of 2018.   9 August 2018

Insurance

Hiscox partners with AI startup Eigen to automate processes

Specialist insurer Hiscox has partnered with London-based artificial intelligence (AI) startup Eigen Technologies to automate multiple internal processes at the firm by launching two pilots.   9 August 2018

Insurance

Navigators expands 10% in Q2

Specialty insurer Navigators Group has expanded gross written premiums by 10.0 percent year on year to $497.2 million in the second quarter of 2018.   9 August 2018

Insurance

Commercial insurance pricing up in Q2

Global commercial insurance prices rose in the second quarter of 2018 for the third consecutive quarter, according to Marsh.   9 August 2018

Insurance

IGI taps Novae underwriter for energy expansion

Specialist commercial re/insurer International General Insurance Holdings (IGI) has strengthened its energy offering with the appointment of James Green as senior underwriter for downstream energy.   9 August 2018

Insurance

Tokio Marine HCC appoints COO for professional lines, public risk groups

Specialty insurance group Tokio Marine HCC has appointed Christopher Skarinka as chief operating officer (COO) for its professional lines and public risk groups, which specialises in small accounts errors & omissions (E&O) coverage and municipality business.   9 August 2018

Insurance

Gallagher bolsters UK construction practice

Broker Gallagher has strengthened its UK construction division within the speciality business with the appointment of Julie Scott.   9 August 2018

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