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Reinsurers in the US recorded a combined ratio of 108.2 percent in 2017, according to the latest underwriting report by the Reinsurance Association of America (RAA). 8 March 2018
Insurance
Aviva has expanded net written premiums in the general insurance operations by 11 percent year on year to £9.14 billion in 2017. 8 March 2018
Insurance
Lloyd's Market Association (LMA) has expanded its marine committee with the addition of senior Talbot, Atrium and Apollo executives. 8 March 2018
Insurance
Castel Bloodstock, part of Castel Specialty, has secured a new binder with Lloyd’s capacity provided by Canopius Syndicate 4444 and AEGIS Syndicate 1225. 8 March 2018
Insurance
Validus Specialty has expanded its product portfolio with an admitted, private company commercial directors and officers (D&O) policy, while appointing a senior underwriter. 8 March 2018
Insurance
ASSA Compañía Tenedora is the ninth member joining Blue Marble, a consortium of insurers and reinsurers focused on providing insurance to the 2 billion people around the world facing financial protection gaps. 8 March 2018
Insurance
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon, has hired two senior executives from Guy Carpenter to boost its capital advisory and terrorism specialty divisions. 7 March 2018
Insurance
Property/casualty insurer AmTrust Financial Services has build a new management team to expand its accident & health (A&H) Lloyd’s offering and capabilities across its international operations. 7 March 2018
Insurance
Applying blockchain to the global re/insurance market could deliver operational cost savings of 10 percent to 25 percent or $20 billion to $50 billion each year, according to a report by blockchain solutions provider R3 and ChainThat. 7 March 2018
Insurance
California’s insurance commissioner has issued a Cease and Desist Order against Access Insurance Company, which requires the company to immediately stop transacting, soliciting, negotiating, or administering and writing any new or renewal insurance business of any kind in the state of California. 7 March 2018
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