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AIG study finds decrease in W&I pay-outs over $10mn
The decline comes as almost one in five W&I policies attract a claim.
John Hewitt Jones
,
17 September 2018
Florence to cost insurers $2.5bn: KCC
The estimate falls at the low end of industry expectations for a sub-$10bn loss.
Fiona Robertson
,
17 September 2018
Ethos Specialty names Cline as CEO
The executive was previously chief underwriting officer of the managing general underwriter.
Bernard Goyder
,
17 September 2018
Hiscox cuts Syndicate 33 stamp capacity
The Bronek Masojada-led carrier will reduce its capacity by 12.5 percent next year after a 39 percent increase in 2018.
Rachel Dalton
,
17 September 2018
Insider 50 defies Florence to move forward
The Insider 50 rose by 0.8 percent last week to 1,136.1 points, with growth crimped by declining valuations at the London cluster of carriers.
Khilan Shah
,
17 September 2018
AFL parent buys US MGA Zodiac
The professional liability and entertainment MGA becomes Next Generation's first US acquisition.
Adam McNestrie
,
17 September 2018
BMS hires four energy brokers
The newcomers will report to energy managing director James Chicken.
John Hewitt Jones
,
17 September 2018
Thomas Miller acquires Zeller Associates
The target is a Hamburg-based MGA which specialises in shipping, trade, transport and tourism.
Bernard Goyder
,
17 September 2018
Berkshire Hathaway Specialty Insurance opens Munich office
Warren Buffett's commercial specialty carrier adds a second German outpost after setting up shop in Duesseldorf.
Bernard Goyder
,
17 September 2018
Whatever the details of the loss or the quantum, Florence is not going to be a market-changing event
As the dust settles on what at one stage seemed to be the big hurricane of this season, (re)insurers can reflect on what Florence might have brought had it maintained its wind speeds as it made its way towards the Carolinas.
Matt Neill
,
17 September 2018
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