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Bermuda targeted in sector consolidation push
Insurance
The recent US tax change and the significant natural catastrophe losses that hit the market in 2017 are expected to trigger consolidation in the re/insurance sector with a particular focus on Bermuda.   26 January 2018
Insurance
Rates will likely continue to increase through 2018 as opposed to fizzling out, S&P Global Ratings has suggested in a new report.   25 January 2018
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has hired executives from QBE and Barbican to boost its leadership team.   25 January 2018
Insurance
While the US property/casualty (P/C) insurance sector passed the ‘capital test’ in 2017 in the wake of record catastrophe losses, the real test will be how the industry fares if 2018 losses mimic last year's activity and if reserve development becomes unfavourable, according to a report from S&P Global Ratings.   25 January 2018
Insurance
Insurance broker Lockton has promoted Debbie Goldstine to executive vice president and US casualty leader.   25 January 2018
Insurance
Swiss Re's Global Business Solutions unit in India has signed a memorandum of understanding (MoU) with country’s National Insurance Academy (NIA), to collaborate as a technical partner on its academic activities and programmes.   25 January 2018
Insurance
Arity, a Chicago-based data start-up by insurer Allstate, has launched a new technology designed to help insurers price individual motor policies partly based on how distracted they are by mobile technology while driving.   25 January 2018
Insurance
The German branch of Mapfre Global Risks has poached an expert in engineering insurance from Allianz Global Corporate & Specialty.   25 January 2018
Insurance
Risk Strategies Company, a privately broker and risk management firm, has acquired Benefits Network Insurance Agency (BNIA), a specialist broker focused on the development of employee benefits plans.   25 January 2018
Insurance
Global loss adjusting firm McLarens has promoted Susan Froman to senior vice president, business development – The Americas.   25 January 2018

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