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Insurance
Economic losses from the wildfires impacting Sonoma, Napa, Solano, Lake, and Mendocino counties are estimated at between $6 billion and $8 billion, according to catastrophe risk modelling firm RMS. 30 October 2017
Insurance
Lloyd’s re/insurance broker RFIB Group said on Oct. 30 that it has launched RFIB (Singapore). The new operation will serve as a hub for the continued development of RFIB’s presence across Asia, according to the statement. 30 October 2017
Insurance
Global mergers and acquisitions’ activity has been “well below average levels recorded in the 2000s-era” in terms of both deal value and deal count, CreditSights analysts said in an Oct. 29 research note. 30 October 2017
Insurance
Randall and Quilter Investment Holdings (R&Q) said on Oct. 30 that it has reached an agreement with ProSight Specialty Insurance (ProSight) to novate the management of Syndicate 1110 (S1110) to R&Q Managing Agency Limited (RQMA). 30 October 2017
Insurance
Florida-based P&C insurer Accredited Surety and Casualty Company (ASC), a subsidiary of Randall & Quilter (“R&Q”), said on Oct. 30 that it has partnered with Atlas General Insurance Services (“Atlas”). 30 October 2017
Insurance
While 3 percent GDP growth in the US is possible but difficult to sustain, the talked-about higher numbers are not likely to eventuate, say Vin DeLucia and Michele Matzinger of NEAM. 27 October 2017
Insurance
QBE Insurance has appointed Inder Singh, currently chief financial officer of its Australian and New Zealand Operations (ANZO), as interim ANZO CEO. 27 October 2017
Insurance
Independent specialty managing general agent (MGA) Nexus Group said in a statement that it has acquired specialist trade credit broker Credit Risk Solutions (CRS). 27 October 2017
Insurance
UK-based re/insurers are weighing up their options in terms of where they domicile to carry on writing onshore European business. But where should they locate themselves? Intelligent Insurer investigates. 26 October 2017
Insurance
American International Group (AIG) has appointed former Connecticut insurance commissioner Thomas Leonardi as executive vice president, government affairs, public policy and communications. 25 October 2017
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