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Insurance
Pen Underwriting strikes motor capacity deal with Zurich
London-based managing general agent (MGA) Pen Underwriting has entered into a new motor capacity deal with Zurich Insurance.   28 September 2017
Insurance
Marsh forms new broker network structure following Bluefin acquisition
Global insurance broking and risk management firm Marsh has created a new practice for broker networks within Jelf and Bluefin’s direct and partnership (D&P) division.   28 September 2017
Insurance
A better understanding of cyber data can empower underwriters
Cyber crime is hitting the headlines on a regular basis. Some estimates suggest it cost the global economy $450 billion last year.   28 September 2017
Insurance
Cyclone Debbie insured losses rise to A$1.66bn: PERILS
The insured property market loss for tropical storm Debbie, the strongest tropical cyclone in the Australian region since Cyclone Quang in 2015, has reached A$1.658 billion ($1.3 billion), according to PERILS.   28 September 2017
Insurance
Lloyd’s appoints SCOR exec as new head of risk aggregation
Lloyd’s has appointed Kirsten Mitchell-Wallace, currently SCOR’s EMEA regional head for catastrophe management in Zurich, as its new head of risk aggregation.   26 September 2017
Insurance
AIA expands in Australasia with $3bn cash acquisition
Pan-Asian life insurance group AIA said on Sept. 21 that it reached an agreement with the Commonwealth Bank of Australia to acquire CommInsure Life and Sovereign, CBA’s life insurance business in Australia and life and health insurance businesses in New Zealand.   21 September 2017
Insurance
Hurricane Maria wreaks devastation in Puerto Rico: AIR
Hurricane Maria took direct aim at Puerto Rico on Wednesday, Sept. 20, thrashing some islands already left in ruins by Hurricane Irma, and razing areas that had previously escaped damage, according to catastrophe modelling firm AIR Worldwide.   21 September 2017
Insurance
Consumers could learn to love insurers, insurtech Urban Jungle boss claims
The ongoing friction between customers and their insurers has led to a “huge degradation of trust”.   21 September 2017
Insurance
Liberty Special Markets reveals four senior appointments
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has shuffled its leadership team with four senior appointments.   21 September 2017
Insurance
M7.1 Mexico earthquake causes major destruction
The magnitude 7.1 earthquake that struck near Mexico City on Sept. 19 afternoon has caused major damage, according to a Sept. 20 AM Best report.   21 September 2017

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