24 October 2016

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Travelers net income down 23% on weather losses

21 October 2016

US insurance heavyweight Travelers experienced a 23 percent decline in net income during the third quarter of 2016, driven in part by an increase in non-catastrophe weather-related losses, the carrier said yesterday (20 October)Read more

RMS suggests $3.25bn Matthew median

21 October 2016

Catastrophe risk modelling firm RMS has added its weight to those suggesting estimated US insured losses from Hurricane Matthew are likely to be relatively easily absorbed by the market, with a projected loss range of $1.5bn- $5bnRead more

BI fears abate after BASF restarts facilities

21 October 2016

The worst fears of property (re)insurers on the BASF programme appear to have abated this week after the German chemical manufacturing giant began to restart facilities at its Ludwigshafen headquarters following an explosion and fire on the pipelines which supply the plantsRead more

Barbican-managed Arcus Syndicate hires new underwriter

21 October 2016

Credit-Suisse backed Arcus Syndicate 1856, which is managed by Barbican Managing Agency has appointed Katie Higgon as an underwriter, reporting to active underwriter Nicky PayneRead more

JLT Re hires Harley as Indonesia head

21 October 2016

JLT Re has appointed Graeme Harley as managing director of its regional broking operation JLT Re IndonesiaRead more

AGCS continues entertainment expansion with Dowling hire

20 October 2016

Allianz Global Corporate & Specialty (AGCS) has continued its push into entertainment covers with the appointment of Clare Dowling as senior underwriter in its London-based contingency insurance segmentRead more

IUA reignites transatlantic collateral debate

20 October 2016

London's International Underwriting Agency (IUA) has urged the signing of a bilateral trade deal covering reinsurance (a covered agreement) to ensure that recent progress regarding collateral requirements is not wastedRead more

AIR expects low insured losses from Typhoon Haima

20 October 2016

Catastrophe modelling firm AIR Worldwide is expecting relatively low insured losses as a result of Typhoon Haima in the Philippines, despite it making landfall as a Category 4 stormRead more

JLT Re hires Moon as new Korea head

19 October 2016

JLT Re has appointed Jong Kuk Moon as CEO of JLT Re Korea, based in the reinsurance broker's Seoul office and reporting to Kenny Moyes, CEO of JLT Re AsiaRead more

D&F share stable as London company market business dips 3.5%

19 October 2016

The quantity of direct and facultative (D&F) (re)insurance premium written by London company market players remained relatively stable during 2015, as overall premium volume dipped slightlyRead more

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