24 June 2017

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Debbie losses rise to $825mn

12 June 2017

Loss compilation agency Perils has estimated insured losses from Tropical Cyclone Debbie, which affected Australia's Queensland and New South Wales states in late March/early April, at A$1,116mn ($825mn)Read more


US reels from $3bn weather losses in May

12 June 2017

The pattern of extensive storm-related losses in the US during spring continued in 2017, with some $3bn in (re)insured losses hitting the market last month, according to analysis by Aon BenfieldRead more


Industrial hits and frame builders’ risks drive Arch fac loss

12 June 2017

Arch Capital Group reported a $38mn hit to its second quarter pre-tax underwriting profits stemming from its property facultative book, as the division weathered excess layer losses on industrial and frame builders' risk (FBR) exposuresRead more


Mars in product recall limelight once more

12 June 2017

The Mars insurance programme is once again under scrutiny following a voluntary recall of some of its chocolate bars over salmonella concernsRead more


Market facing $500mn Huntsman loss

12 June 2017

The property fac market is facing the prospect of a $500mn loss as a result of a fire at US chemical corporation Huntsman's titanium dioxide manufacturing facility in Finland, Inside FAC can revealRead more


Ed Broking LatAm settles fac management

8 June 2017

Ed Broking LatAm has settled its leadership roles with the promotion of Mike Hernandez to the position of chairmanRead more


Gen Re’s Van Oort jumps ship to Guy Carpenter

1 June 2017

Hans van Oort, a veteran of the Dutch (re)insurance market, is joining Guy Carpenter as managing director of its Benelux operations, effective 1 DecemberRead more


Hansen becomes aviation supremo at AGCS

25 May 2017

Allianz Global Corporate & Specialty (AGCS) has appointed Mike Hansen as global head of aviation, effective immediatelyRead more


Market some way off bottom says Fitch

19 May 2017

A reinsurance market characterised by "large volumes of under-deployed capital and sluggish demand from reinsurance buyers" means that reinsurance pricing is unlikely to change its course in 2017, according to the latest analysis by rating agency FitchRead more


Large losses dent Tokio Marine

19 May 2017

The Asian division of Tokio Marine Holdings reported a 50 percent drop in profits to 7.5bn yen for the financial year ended 31 March 2017, which the company said was partly attributable to large lossesRead more


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