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Insurance
Berkshire insurance subsidiaries have reached an agreement with California’s Department of Insurance by committing to lower rates, improved disclosures, and limiting sale of their worker’ compensation insurance. 9 June 2017
Insurance
Heavy losses mainly from hurricanes Harvey, Irma and Maria hit the results of the XL Group hard in the third quarter – the re/insurer posting a sizable loss. But the company also enjoyed positive growth in the period. 25 October 2017
Insurance
AXA Insurance has expanded its London-based commercial real estate team through the appointment of Anneke Sims as underwriting manager. 15 July 2016
Alternative Risk Transfer
2017 was a record-breaking year for ILS—and Bermuda again led from the front in terms of being both the domicile of choice for the special purpose vehicles issuing ILS and a hub of innovation for new structures and risks. 28 March 2018
Insurance
Tokio Marine Group has revealed its plan to set up an insurance company in Luxembourg for writing European business after Brexit. 6 September 2017
Alternative Risk Transfer
Christchurch City Council is considering insurance-linked securities (ILS) to increase its insurance cover for underground assets such as water and waste pipes. 8 July 2019
Insurance
Dual, the underwriting arm of the Hyperion Insurance Group, has launched mergers and acquisitions (M&A) insurance operations in Frankfurt and London. 9 June 2015
Insurance
Talbot Underwriting, a wholly owned subsidiary of Validus Holdings, has appointed Steve Ward as head of underwriting for its Australian office. 11 July 2016
Insurance
Increases in loss and loss adjustment expenses, driven by cat losses and higher fire and weather related losses as well as lower average premiums have driven down United Insurance Holdings’ (UPC Insurance) full year results. 21 February 2017
Insurance
New York-based property/casualty insurer AmTrust Financial Services has denied it was the subject of an investigation by the FBI in 2014 with respect to its accounting practices initiated by complaints made by short sellers, as alleged in a Wall Street Journal (WSJ) article dated April 11. 12 April 2017
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