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LSM appoints LatAm reinsurance head

Liberty Specialty Markets (LSM) has promoted José Ernesto Ospina to the new role of LatAm reinsurance regional manager, as part of a strategy overhaul for its Latin American treaty reinsurance operation

Catrin Shi, 25 September 2017
Sullivan named Texas insurance commissioner

Texas governor Greg Abbott has named Kent Sullivan as the state's commissioner of insurance

Laura Board, 25 September 2017
Opinion: Taking the plunge

The Dive In Festival for diversity and inclusion in insurance formally begins tomorrow, having kicked off in both senses over the weekend with the inaugural Community Football Cup

Laura Board, 25 September 2017
North Carolina island to evacuate as Maria skims coast

Tourists on Ocracoke island are to be evacuated amid fears the edge of Hurricane Maria will cause storm surge damage to the low-lying island off the coast of North Carolina.

Bernard Goyder, 25 September 2017
Mexico earthquake insured losses won’t top $1.2bn: RMS

Modelling firm RMS has said insured losses from the Mexican earthquake on 19 September will not be more than $1.2bn, due to low insurance penetration in the country.

Bernard Goyder, 25 September 2017
AIG keeps ‘too big to fail’ tag after FSOC skips vote

AIG did not win a reprieve from stricter federal oversight during a regulatory meeting today.

Ted Bunker, 23 September 2017
Latest Mexican quake could cost up to $2.1bn: AIR

The magnitude 7.1 earthquake that rocked Mexico City on Tuesday could cost insurers up to $2.07bn, modelling firm AIR Worldwide said today.

Dan Ascher, 23 September 2017
E&S writer Prime wins AM Best upgrade

Excess and surplus (E&S) lines insurer Prime Insurance Company has had its financial strength rating upgraded by AM Best to A from A-.

Adam McNestrie, 23 September 2017
Puerto Rico Maria insured losses could top $15bn: AIR

AIR Worldwide believes Hurricane Maria insured losses for Puerto Rico alone could exceed $15bn, The Insurance Insider has learned.

David Bull, 23 September 2017
China Re’s financial strength rating cut by S&P

S&P Global Ratings has cut its insurer financial strength rating on China Re, mirroring a downgrade of China’s credit rating yesterday.

Bernard Goyder, 22 September 2017

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