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Insurance
‘Rapid increase’ in global wind speeds
New findings suggest wind power could increase by over a third in the next 10 years.   19 November 2019
Insurance
Allianz Global Corporate & Specialty appoints global head of financial lines
His predecessor Bernard Poncin will leave the company.   18 November 2019
Insurance
Everest Insurance adds to financial lines team
The appointments mark continued expansion in the financial lines market.   18 November 2019
Insurance
Fidelis takes equity stake in new MGA Perigon Product Recall and provides underwriting
Fidelis Insurance has taken an equity stake in new MGA Perigon Product Recall Limited, and will be providing underwriting capacity.   4 November 2019
Insurance
Radian Q3 net income is $173.4m up from $142.8m in Q3 2018
Net income for US Mortgage insurer Radian is $173.4 million in Q3 2019 compared to net income for the quarter ended September 30, 2018 of $142.8 million.   4 November 2019
Insurance
Lebanese Insurance Industry hit by rising political uncertainty: AM Best
Although Lebanese insurers are accustomed to operating in a challenging economic environment, an accelerating decline in investor confidence and US dollar cash-flow constraints create further risks for insurers with fixed costs in US dollars.   4 November 2019
Insurance
AIG brings down combined ratio and returns to profit
US insurance giant AIG Group reduced its combined ratio from previous years’ ruinous levels, helped by lower catastrophe losses, and its reinsurance strategy.   4 November 2019
Insurance
David Putz joins Brown & Brown from Zurich to be executive VP of Arrowhead General Insurance Agency
David Putz has joined insurance brokerage Brown & Brown as executive vice president of Arrowhead General Insurance Agency and a leader with Brown & Brown’s national programs division.   4 November 2019
Insurance
United Insurance Holdings reports 7.2% gross written premium increase in Q3 2019
Gross written premiums for property and casualty insurance holding company United Insurance Holdings have increased by $21.3 million, or 7.2 percent, to $317.2 million, for Q3 2019, from $295.9 million for Q3 2018. The company said this primarily reflected organic growth in new and renewal business generated in all regions.   4 November 2019
Insurance
Hagibis losses estimated between $7bn and $11bn
Insured losses stemming from Typhoon Hagibis in Japan will be between $7 billion and $11 billion, according to catastrophe risk modelling company RMS.   4 November 2019

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