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Insurance
Re/insurers in Bermuda and the US that cover bodily injury claims in the UK will adapt quickly to the higher costs stemming from a change in how settlements are calculated, with just a short-term knock to their earnings, according to a report by Fitch Ratings. 26 April 2017
Insurance
JLT Specialty USA, a US subsidiary of broker Jardine Lloyd Thompson Group, has hired former employee Molly Nolan as senior vice president to further build its specialty expertise in the Northeast. She will be based in Boston, and focus on broking and client development. 24 April 2017
Insurance
Catastrophe modelling firm AIR Worldwide, a Verisk Analytics business, has unveiled a cyber risk modelling application for the re/insurance market that will provide underwriters and risk managers with a variety of cyber analytics. 24 April 2017
Insurance
Unprecedented volatility in economics, demographics and geopolitics and rapid technology advancements are transforming traditional risks for global businesses, adding new urgency and complexity to old challenges, according to Aon’s 2017 Global Risk Management survey. 24 April 2017
Insurance
The cyber insurance market will become more resilient if it is considered as a standalone line of business rather than a peril, according to JLT Re. 24 April 2017
Insurance
Willis Towers Watson has appointed Joe Peiser as head of broking, North America, part of its corporate risk and broking segment. 24 April 2017
Insurance
Hamilton Re, the Bermuda-based property/casualty reinsurer of Hamilton Insurance Group, has agreed to acquire the renewal rights to Canopius Underwriting Bermuda's (Sompo Canopius) excess casualty insurance book of business. The transaction is expected to close mid-year. 24 April 2017
Insurance
Insurance broker Marsh and Schinnerer Group's underwriting management subsidiary have launched a new commercial insurance solution covering global property risks for US-based retail clients and backed by alternative capital. 24 April 2017
Insurance
Specialist Lloyd's insurer Neon has appointed Catherine Sethi as senior underwriter in London to further grow its property direct and facultative (D&F) team. 24 April 2017
Insurance
London-based Barbican Insurance Group has launched a new policy quote and binding portal to enhance its ability to efficiently bind new business via selected distribution channels. 24 April 2017
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