News
Insurance
Interest in terrorism coverage has roughly doubled over the past year based on sales data, travel insurance comparison platform Squaremouth said Aug. 17. 18 August 2017
Insurance
Some of the pressures the re/insurance sector faced in 2016—low interest rates, uncertainties around Brexit and a soft market—are likely to persist in 2017. But some additional drivers are set to affect the performance of the sector, as described by executives from major players such as Markel, Swiss Re and Willis Re. 21 December 2016
Insurance
Lancashire Holdings has issued a profit warning for its third quarter 2018 results due to losses in its marine and catastrophe re/insurance portfolios. 8 October 2018
Insurance
Broker Lockton has hired two financial services and technology experts from Citibank and Deutsche Bank for its recently launched capital markets unit. 8 October 2018
Insurance
Liberty Mutual has appointed Shaun Kelly as president of distribution for Global Risk Solutions (GRS) operating unit and Matthew Dolan as president of North America specialty. 20 June 2018
Alternative Risk Transfer
Specialty re/insurer Brit has unveiled a new multi-arrangement insurance special purpose vehicle to write general collateralised reinsurance for multiple cedants via Brit’s distribution network in the London market. 19 November 2018
Insurance
State Farm and Farmers Insurance Group of Companies have the highest wildfire exposure in California where the Camp Fire and the Woolsey Fire are set to cause significant losses for insurers and reinsurers. 19 November 2018
Insurance
Zurich Insurance has appointed Saad Mered to CEO and chief agent of Zurich Canada. 8 August 2018
Insurance
UK insurance intermediary Ardonagh Group is acquiring broker Swinton Group from its French parent Covéa Group for a consideration of approximately £165 million. 27 September 2018
Insurance
American International Group (AIG) has appointed Jonathan Wismer as senior vice president, deputy chief financial officer and chief accounting officer. 6 August 2018
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