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Allstate pegs June cat losses at $417mn
Hail events concentrated in Texas and Colorado accounted for three quarters of the month's cat losses.
Rachel Dalton
,
19 July 2018
Cat losses push Travelers to Q2 miss
Second-quarter cat losses of $488mn were around $50mn more than expected, according to Travelers chairman and CEO Alan Schnitzer.
Catrin Shi
,
19 July 2018
IQ Summer 2018
Given some of the eye-watering multiples that have characterised recent carrier M&A deals, it seems like a good time to query whether some of these acquisitions are worth the price paid.
Gavin Bradshaw
,
19 July 2018
Liberty adds AIG liability underwriting duo
The carrier creates two new London market casualty positions.
Matt Neill
,
19 July 2018
It was surprising, and heartening, to learn this week that insurers are coming round to the IFRS 17 standard
One could point to Solvency II as evidence that our part of the sector will take the incoming accounting standard standard in its stride.
Laura Board
,
19 July 2018
Clark replaces Beale as Chartered Insurance Institute president
The Scor claims specialist moves up from the deputy role.
Matt Neill
,
19 July 2018
Guy Carpenter names Johnsen Southeast Asia and Korea chief
The executive replaces Richard Jones, who was promoted to chairman of the Asia Pacific business last summer.
Matt Neill
,
19 July 2018
IAT hires Aspen Re’s McDermott to lead reinsurance group
Donna McDermott joins from Aspen Re’s North America national accounts treaty unit.
Laura Sanicola
,
19 July 2018
Markel wins license to form insurer from German regulator
The (re)insurer is establishing Markel Insurance SE within the EEA ahead of Brexit.
Anthony Baldo
,
19 July 2018
Willis extends CEO Haley’s contract for another 2 years
John Haley led Towers Watson through its combination with Willis, capping decades of service.
Ted Bunker
,
19 July 2018
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