News
Insurance
Arthur J Gallagher has snapped up two insurance brokerage firms to expand its footprint in the UK and New Zealand. 10 December 2018
Insurance
Within the perimeters of the Camp Fire in Northern California and the Woolsey Fire in Southern California 23,044 homes with a total reconstruction cost value (RCV) of approximately $8.6 billion are at high or extreme risk of wildfire damage, according to CoreLogic estimates. 19 November 2018
Insurance
Ohio-headquartered Nationwide Mutual Insurance Company is reducing its workforce by 1,100 positions in the US and will start laying off about 80 workers at its downtown Des Moines location, according to several regional news publications. 14 November 2018
Insurance
Markel International has signed a memorandum of understanding (MoU) with UAE export credit company Etihad Credit Insurance (ECI). 7 November 2018
Insurance
Canopius is looking to re-engage with some of the former clients in the Japanese market it had prior to ownership by Sompo, chairman Michael Watson, and Asia-Pacific and MENA chief executive officer Mark Newman, told SIRC Today. 30 October 2018
Insurance
Asia-Pacific is not yet at the same level as the US or Europe in terms of quality, high-resolution data, which creates challenges in terms of accurately pricing and underwriting risk, Jason Futers, CEO of Insurdata, told SIRC Today. 29 October 2018
Insurance
Flood exposure data in Asia poses challenges due to the lack of precise location information, which in turn is making it difficult to underwrite this risk and close the protection gap, Iain Willis, managing director of JBA Risk Management Singapore, told SIRC Today. 29 October 2018
Insurance
Ireland is the favoured location for London company market players wanting to secure access to EU customers after the UK leaves the EU, according to the latest London Company Market Statistics Report published by the International Underwriting Association of London (IUA). 23 October 2018
Insurance
As consolidation reduces the choice of reinsurance brokers, privately-owned Lockton is reaping the rewards of offering a real alternative and is enjoying strong growth as a result, the firm’s Mark Waterkeyn tells Baden-Baden Today. 23 October 2018
Insurance
AEGIS London, a Lloyd's managing agency and the UK-based subsidiary of AEGIS, has hired James Hyett as cargo underwriter. 18 October 2018
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