News
Insurance
Global marine underwriting premiums for 2016 fell to $27.5 billion, a 9 percent reduction on the figure reported for 2015, the International Union of Marine Insurance (IUMI) said on Sept. 18. 18 September 2017
Insurance
Allianz Australia has been selected to purchase the general insurance business of the Territory Insurance Office (TIO). 24 November 2014
Insurance
Wildfire risk is considered a “new major peril” by reinsurers after the heavy losses of recent years. But the industry has a much better understanding of this risk following investments in risk models and better education about the nature of the risk. 20 October 2019
Insurance
XL Catlin and Ventus Risk Management, a newly formed managing general underwriter (MGU), have formed a partnership that will allow Ventus to provide commercial property insurance offerings for small and mid-sized enterprises (SMEs). 10 February 2016
Insurance
Despite a slowdown in growth, the outlook for the Brazilian insurance sector remains stable, says Moody’s. 18 December 2014
Insurance
Investors expect the pace of the property/casualty insurance industry consolidation to accelerate, according to Morgan Stanley. 8 March 2018
Insurance
Business continuity losses for small businesses are estimated to reach $383bn a month in the US. 27 March 2020
Insurance
Analytics provider’s wildfire risk report highlights cost of wildfire devastation. 14 October 2020
Insurance
Verisk, a data analytics provider, has launched Black Box 3 (BB3), a new solution available in parts of Canada, Europe, Australasia, and Asia, that helps insurers underwrite risks posed by travellers with pre-existing medical conditions. 9 January 2019
Insurance
Ironshore said on Oct. 30 that it appointed three executives to underwrite specialty casualty risk in the US and the London Market. 30 October 2017
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