27 October 2016

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AIG quadruples property terrorism limits to $1bn

26 October 2016

American International Group has significantly increased its global property terrorism insurance limits to $1bn, a four-fold increase from its previous limits of $250mn, the carrier said today (26 October)Read more

Toffanello to head Gen Re's UK and Italy P&C business

26 October 2016

In a further restructure at Gen Re, Berkshire Hathaway's reinsurance chief Ajit Jain has installed Faraday CEO Pietro Toffanello as P&C head for the UK and Italy, according to sister publication The Insurance InsiderRead more

Willis Tower Watson deputy CEO Casserley to leave company

26 October 2016

Dominic Casserley, former CEO of legacy Willis Group and current president and deputy CEO of recently-merged entity Willis Towers Watson is to leave the company at the end of the yearRead more

Guy Carpenter revenue declines marginally in Q3

25 October 2016

Guy Carpenter has reported revenue for the third quarter of 2016 that was virtually flat at $260mn on a reported bases, compared with $261mn in Q3 2015Read more

Aon hires FBI cyber head Trainor

25 October 2016

Aon Risk Solutions (ARS) has appointed James Trainor, former head of the Federal Bureau of Investigation's (FBI's) cyber division as a senior vice president in the broker's cyber solutions group, based in New YorkRead more

Markel confirms hire of contingency team from Travelers

24 October 2016

Markel Corp's specialist (re)insurance subsidiary, Markel International, has confirmed the appointments of Alex Clegg as senior underwriter and of Pippa Morris and Anna Beaman as underwriters in its personal accident, contingency and entertainment teamRead more

XL Catlin to scale back product recall book

24 October 2016

XL Catlin's global head of product recall Ed Mitchell is understood to be leaving the company, as the carrier prepares to withdraw from the US recall market, according to sister publication The Insurance InsiderRead more

Dead certs

21 October 2016

The company is one of the leaders in its field, employing over 122 000 people worldwide. It is one of the largest chemical conglomerates in the world with a creditable health & safety track recordRead more

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

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