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Insurance
Norway's Protector Forsikring, the insurer on the London tower block that has been devastated by fire today (Wednesday June 14), has confirmed that all its property claims in UK and in the Nordic market are covered by Munich Re. 14 June 2017
Insurance
A number of Lloyd’s Syndicates and high-profile reinsurers including Allied World, Amlin, Aspen, Hannover Re, Munich Re and PartnerRe could face claims as a result of the fire that has engulfed a 24-storey block of flats in London today (Wednesday June 14). 14 June 2017
Insurance
The General Data Protection Regulation (GDPR), which is set to come into effect in the UK on May 25, 2018, is driving good reporting behaviour as businesses become increasingly digitised and the reporting of data breaches becomes mandatory. 14 June 2017
Insurance
The London Market, along with its flagship Lloyd’s, is falling behind in the important high-growth Asian insurance market as well as in major emerging markets such as Latin America. 13 June 2017
Insurance
US insurer WR Berkley Corporation has formed two operating companies in Mexico after being granted authorisation by local regulator Comisión Nacional de Seguros y Fianzas (CNSF). 13 June 2017
Insurance
Hong Kong-based Peak Reinsurance Company has been granted approval by the Labuan Financial Services Authority to carry on general reinsurance business in and through the Labuan insurance market. 13 June 2017
Insurance
Property/casualty insurer Chubb has increased its terrorism, political violence and war insurance capacity by 50 percent to meet the needs of large, multinational businesses with growing global exposures. 13 June 2017
Insurance
Bermuda-based Validus Holdings priced an underwritten public offering of 10 million depositary shares worth $250 million. 13 June 2017
Insurance
Market practice has a long way to go before insurers, brokers and their customers take full advantage of the Insurance Act, ten months after it became law, according to a new report issued by UK risk management association Airmic at its annual conference in Birmingham, UK. 13 June 2017
Insurance
French insurer AXA is in the process of acquiring a reinsurance license in India, Intelligent Insurer understands. 12 June 2017
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