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Updated: 34 min 42 sec ago

Ascot appoints Patrick Kenahan as head of excess casualty in Bermuda

29 October, 2019 - 15:15
Ascot has appointed Patrick Kenahan as head of excess casualty in Bermuda; and Jason Pugi, Kimberley Pursell and Michael Watkins, as senior vice presidents.

Reserves charge hits CNA’s income; underlying combined ratio falls to 94.6%

29 October, 2019 - 11:23
Chicago-based CNA Financial Corporation reported a sharp fall in net income, but saw its combined ratio remain well under 100%.

QIC sees net profit rise but combined ratio still above 100%

29 October, 2019 - 10:58
Qatar Insurance Group (QIC), an insurer in Qatar and the Middle East North African (MENA) region, reported an increase in net profit for the nine months to September, but its combined ratio remained above 100 percent.

British babies have travelled 10 billion miles before first birthday: Direct Line

29 October, 2019 - 10:37
British babies have collectively travelled over 10 billion miles before their first birthday, reveals new research from Direct Line Travel Insurance, which stresses the need for comprehensive cover when travelling.

AmTrust International appoints Steven Moore to spearhead indemnity growth

29 October, 2019 - 10:21
AmTrust International has appointed Steven Moore as lead underwriter for professional indemnity within its specialty division.

Everest Re combined ratio rises to 101.4% on catastrophe losses

29 October, 2019 - 08:48
Everest Re Group has reported a combined ratio of 101.4% for the third quarter, up from 100% for the same period in 2018, as Hurricane Dorian and Typhoon Faxai took their toll.

Berkshire Hathaway starts up casualty and construction insurance in France

28 October, 2019 - 15:44
Berkshire Hathaway Specialty Insurance (BHSI) has started underwriting casualty and construction insurance in France and filled two key in-country leadership posts, naming Olivier Antiphon as head of construction and Anne-Sophie Bonifay as head of casualty.

Re/insurers await outcome as US legislators revisit TRIA

28 October, 2019 - 15:21
The re/insurance industry is watching developments in Capitol Hill this week, as US legislators revisit the Terrorism Risk Insurance Act (TRIA).

Reinsurers set for further earnings erosion in 2019 – AM Best

28 October, 2019 - 15:14
Reinsurers are likely to see further erosion in 2019, following another year of major catastrophe losses, according to ratings agency AM Best.

Marsh JLT Specialty appoints Louise Nevill to lead UK marine & cargo business

28 October, 2019 - 15:09
Marsh, the insurance broker and risk adviser, has appointed Louise Nevill as chief executive for Marsh JLT Specialty’s UK Marine & Cargo business.

Guernsey demonstrates agility and innovation in ILS market

28 October, 2019 - 14:39
Dominic Wheatley, chief executive of Guernsey Finance, explains how recent developments in Guernsey have left the jurisdiction stronger and ready for growth in insurance-linked securities and reinsurance.

More insurers refusing cover as California wildfires rage

28 October, 2019 - 11:43
As three California wildfires continue to ravage California, destroying more than 7,000 structures and displacing hundreds of thousands of people, more insurers are refusing cover, according to local press reports.

Sedgwick appoints new managing directors to drive growth in UK

28 October, 2019 - 11:17
Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, has appointed Stephen Kerr and Steve Whetter as managing directors for its UK operations.

Self-driving vehicles on public roads change insurance risk

28 October, 2019 - 11:03
Direct Line is partnering in advanced commuter research trials in self-driving vehicles, as it looks to better understand the conditions needed to insure software, rather than human, drivers.

Aston Lark acquires Protean Risk

28 October, 2019 - 10:52
Aston Lark, a Chartered insurance broker backed by Goldman Sachs, is to acquire Lloyd’s broker Protean Risk.

Rural thefts prompt underinsured warning for farmers

28 October, 2019 - 10:45
Farmers run the risk of being uninsured after rural thefts hit their highest level in seven years, reports the Dundee-based Courier.

Motorists would choose green replacement part: Allianz

28 October, 2019 - 10:22
The majority of motorists (69 percent) would choose the option of a green replacement part to repair their vehicle with protecting the environment given as the main reason (77 percent), according to a survey by Allianz Insurance.

More drivers speeding, despite harsher penalties

28 October, 2019 - 10:18
Speeding offences are on the rise in the UK despite the introduction of harsher financial penalties in 2017, according to research from Churchill Car Insurance.

Car insurance premiums fall, says MoneySuperMarket

25 October, 2019 - 15:44
Car insurance premiums are falling, and the growing availability and uptake of black box or telematics insurance is a major factor.

Markel appoints James Hastings as it streamlines leadership of wholesale

25 October, 2019 - 15:32
Specialist insurer Markel has streamlined the leadership of its wholesale operation by appointing James Hastings as managing director of wholesale.


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