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Mangkhut economic losses ‘on par with Hato’
Hong Kong looks set to bear the brunt of the cost, which could match or exceed the $6.8bn wrought by Hato, according to RMS and AIR executives.
Rachel Dalton
,
25 September 2018
AIG and FM Global lead in Carolinas flood market
Each of the two carriers wrote just over a quarter of private flood premiums across the two states
Iulia Ciutina
,
25 September 2018
Hendrickson lined up to become StarStone CEO
The executive replaces Demian Smith, who recently left the Enstar- and Stone Point-owned specialty insurer.
Adam McNestrie
,
25 September 2018
CoreLogic pegs Florence insured flood losses at up to $10bn
Claims could eat into the National Flood Insurance Program’s reinsurance treaty.
Bernard Goyder
,
25 September 2018
Chubb elevates Barziza to replace retiring Turnbull in NA claims
Tim Barziza replaces Bill Turnbull, who is set to retire at year-end.
Marissa Page
,
25 September 2018
Florence led to as much as $5bn in insured losses: RMS
Hurricane Florence’s industry insured losses expected range from $2bn to $3.8bn.
Ted Bunker
,
25 September 2018
Axis, Dual partner on environmental risk
North American arm of the Hyperion-owned MGA will distribute and underwrite environmental cover for the Bermuda company.
Marissa Page
,
24 September 2018
Majority of large companies suffer political risk losses: WTW
Oxford Analytica research conducted on behalf of the broker finds close to half the companies surveyed had sustained a loss of more than $100mn.
Bernard Goyder
,
24 September 2018
Ardonagh nears deal to buy Swinton
The negotiations enter an advanced stage as the David Ross-led bidder continues to pursue MGA Nexus and work on the sale of its UK general commercial MGA.
Adam McNestrie
,
24 September 2018
Pioneer appoints McMellin as CEO
Andrew McMellin returns to the market following a career at XL Catlin.
Rachel Dalton
,
24 September 2018
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