News
Insurance
Business continuity losses for small businesses are estimated to reach $383bn a month in the US. 27 March 2020
Insurance
US-based insurer Liberty Mutual has appointed Jessica Dekermanji as senior vice president and chief underwriting officer of its national insurance specialty energy unit. 25 May 2017
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
Century Underwriting, the specialist commercial managing general agent (MGA) has been granted Lloyd’s coverholder status; an important development in the firm’s five year diversification plan to become a multi specialist lines MGA. 1 February 2016
Insurance
The business has made two new senior internal appointments. 25 November 2019
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
Spanish re/insurer Mapfre is investing €25 million in Alma Mundi Insurtech Fund that focusses on startups in the insurance sector. 21 November 2018
Insurance
Commercial lines insurers must embrace the same levels of automation prevalent in personal lines, particularly within the London Market if it is to compete with other platforms globally, Patrick Molineux, general manager of insurance at CSC, told Baden-Baden Today. 25 October 2016
Insurance
The withdrawal of some carriers from the Miami market is sending a strong message to the Latin American underwriting community that some international re/insurers are adopting a more conservative approach to business in the region, according to BMS. 11 September 2019
Insurance
The Mexican insurance market has vast potential, but the prospects are less than they are portrayed to be, according to Manuel Escobedo, president of the Mexican Association of Insurance Institutions. 10 September 2019
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