News
Insurance
Bermuda-based Arch has improved its financial performance in the fourth quarter of 2017 as underwriting profitability improved. 13 February 2018
Insurance
Insurance carriers globally could seize $375 billion in new revenue in the next five years by transforming and revitalizing their businesses, according to a new report from consultancy firm Accenture. 13 February 2018
Insurance
Ryan Specialty Group (RSG) has reached a definitive agreement to acquire Lodestar Marine, a managing general agent (MGA) in the protection and indemnity (P&I) fixed premium marine market. 13 February 2018
Insurance
Total insured losses caused by hurricane Irma in Florida are estimated at $7.95 billion, according to latest information published by the Florida Office of Insurance Regulation. 13 February 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, is launching a platform for transacting specialised trade credit insurance for banks, corporates and commodity traders, according to a Feb. 12 press release. 13 February 2018
Insurance
Everest Insurance has hired Jeff Mickletz as director and senior underwriter within the excess casualty division of Everest Specialty Casualty. 13 February 2018
Insurance
Extratropical cyclone “Burglind”, also known as “Eleanor” caused insurers property losses of €643 million, according to estimates by insurance data provider PERILS. 13 February 2018
Alternative Risk Transfer
The World Bank has issued its largest ever catastrophe bond covering earthquake, providing the organisation with $1.36 billion of capital markets protection. 7 February 2018
Insurance
Bermuda-based insurance holding company White Mountains is seeking opportunities to deploy excess capital. 7 February 2018
Insurance
Everest Re Group has recruited the head of Aspen Insurance’s credit and political risk business. 7 February 2018
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