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Builders Insurance gains AM Best upgrade

AM Best has upgraded the financial strength rating of mutual captive Builders Insurance and its wholly owned subsidiaries to A from A- and the long-term issuer credit ratings to a from a-

Laura Board, 01 June 2017
Meth labs behind New Zealand home claims: SunCorp

SunCorp New Zealand has had to raise premiums and change underwriting terms to deal with a spate of claims linked to cleaning up secret drug factories

Bernard Goyder, 01 June 2017
Opinion: Letterbox Brexit

The European Securities and Markets Authority (Esma)'s missive on Wednesday to national EU regulators handling licence applications from Brexit migrants evoked the image of a harassed mother entreating squabbling children to please share

Laura Board, 01 June 2017
Trace Isys appoints new CEO

InsurTech firm Trace Isys has named Simon Howden as its CEO, the company said today.

Bernard Goyder, 01 June 2017
Builders Insurance gains AM Best upgrade

AM Best has upgraded the financial strength rating of mutual captive Builders Insurance and its wholly owned subsidiaries to A from A- and the long-term issuer credit ratings to a from a-

Ted Bunker, 01 June 2017
Guy Carp taps Gen Re executive for Benelux role

Reinsurance broker Guy Carpenter has appointed Hans van Oort, a senior Gen Re executive, as managing director at Guy Carpenter Benelux.

Bernard Goyder, 01 June 2017
Guy Carp taps Gen Re executive for Benelux role

Reinsurance broker Guy Carpenter has appointed Hans van Oort, a senior Gen Re executive, as managing director at Guy Carpenter Benelux.

Bernard Goyder, 01 June 2017
‘Double dip’ Florida renewal sends rates down 5.0% to 7.5%

A depressing picture has emerged for property catastrophe reinsurers in the key 1 June Florida renewals with a re-acceleration of softening that has shattered underwriters’ hopes that a floor on pricing was in sight.

Adam McNestrie, 01 June 2017
Hail claims spiked on 2016 storms in Texas, Colorado

The battering Texas takes from hailstorms reached record proportions last year as claims more than doubled, new statistics show.

Ted Bunker, 01 June 2017
JLT Re picks up Gen Re’s Sammur in US push

Expansive reinsurance broker JLT Re has hired Tony Sammur from Berkshire Hathaway’s Gen Re as it looks to grow its US presence, the intermediary said today.

Dan Ascher, 31 May 2017

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