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Insurance
Rate increases in the January 2018 renewals were lower than expected after the significant natural catastrophe losses of the third quarter of 2017 but retrocession catastrophe programmes increased by up to 20 percent, according to a JLT Re market report. 26 January 2018
Insurance
Bermuda-based Aspen expects to record an underwriting loss of approximately $245 million in the fourth quarter of 2017, according to a Jan. 25 press release. 26 January 2018
Insurance
Sompo International, a Bermuda-based specialty provider of property/casualty re/insurance has made a series of leadership appointments in the London Market, a "strategic growth area" for the company. 26 January 2018
Insurance
Losses due to wind from winter storm Friederike will range between €1.3 billion and €2.6 billion, according to catastrophe modelling firm AIR Worldwide. 26 January 2018
Insurance
Insurer CNA has strengthened the leadership of its commercial insurance unit with three appointments. 26 January 2018
Insurance
Flooding from hurricanes Harvey and Irma resulted in an estimated $69 billion to $105 billion in residential and commercial damage, according to data provider CoreLogic. 26 January 2018
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has hired executives from QBE and Barbican to boost its leadership team. 25 January 2018
Insurance
Property/casualty insurer Travelers Europe will apply to the Central Bank of Ireland for authorisation of a new, wholly owned insurance subsidiary incorporated in the Republic of Ireland, according to a Dec. 19 statement. 19 December 2017
Insurance
The Lloyd’s market has received approximately £3 billion of additional capital to restore capital resources to the level prior to the third quarter of 2017 loss events and to cover changes in capital requirements for 2018 underwriting. 19 December 2017
Insurance
Willis Towers Watson (WLTW) has named Alberto Gallego as the new head of Iberia. 19 December 2017
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