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Specialist Latin American insurer Unnio Seguros Generales has completed its purchase of QBE's Latin American subsidiary, QBE Chile Seguros Generales. 29 June 2017
Insurance
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group, has appointed Jennifer Schaeffer as senior vice president to further builds its specialty expertise in the West US. 29 June 2017
Insurance
The frequency and intensity of the most “strong to extreme” storms are expected to increase while projections also reveal that the earth is likely to see an increase in the frequency and intensity of most of the other weather phenomena including severe thunderstorms, wildfires, inland floods and coastal floods. 29 June 2017
Alternative Risk Transfer
Excess capacity and strong competition among traditional and ILS markets have again been instrumental in driving rates down, says JLT Re. 29 June 2017
Alternative Risk Transfer
JLT Specialty USA’s new ILS Protect product was created to address the specific liabilities of ILS operations, as Mark Flippen, senior vice president, JLT Specialty USA, explains. 29 June 2017
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has launched a new unit offering dedicated retrocession services to clients in the Asia Pacific region. 29 June 2017
Insurance
Reinsurance, wholesale and specialty broker Ed has appointed James Blacker as managing director of property and casualty. 28 June 2017
Insurance
The loss estimate for tropical cyclone Debbie has increased to AUD1,41 billion ($1.07 billion), according to data provider Perils. 28 June 2017
article
Lloyd's CEO Inga Beale suggested in a Reuters interview that the plan to create a subsidiary in Brussels may be unravelled. 27 June 2017
Insurance
Existing EU insurance policies should stay in place after Britain leaves the bloc because the process of dividing them into British and EU contracts would be too complex, Lloyd's CEO Inga Beale told Reuters in a June 26 interview. 27 June 2017
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