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Greenberg condemns brokers’ ‘abusive behaviour’
Chubb chairman and CEO Evan Greenberg has fiercely criticised brokers for exhibiting "abusive behaviour" and accused some of enriching themselves at the expense of customers and underwriters
Bernard Goyder
,
06 April 2017
Opinion: Catlin’s exit
Stephen Catlin will leave XL Catlin at the end of the year
Adam McNestrie
,
06 April 2017
Perils estimates storm Thomas property losses at EUR213mn
Catastrophe modelling firm Perils has estimated the property insured loss from extra-tropical cyclone Thomas at EUR213mn ($265mn).
Catrin Shi
,
06 April 2017
Insured losses from Debbie rise to A$410mn
Insurers are now expecting A$410mn ($309mn) in insured losses in the wake of Tropical Cyclone Debbie, the Insurance Council of Australia (ICA) said today, as it raised its running loss estimate by a third.
Bernard Goyder
,
06 April 2017
V3 hires Auslander and Lacey for professional lines
Programme administrator and managing general agency V3 Insurance Partners has bolstered its professional lines ranks by hiring two senior executives.
David Bull
,
06 April 2017
Aon elevates Bruno to COO post
Global broker Aon has promoted John Bruno to chief operations officer, a new position based primarily in Chicago.
Ted Bunker
,
06 April 2017
American Empire names Lonneman president
American Empire Surplus Lines Insurance Company has promoted Mark Lonneman to president, replacing Fred Woebse, who recently retired.
David Bull
,
06 April 2017
QBE Re Bermuda’s Soria heads to Sirius
QBE Re’s Bermuda branch manager Erik Soria is leaving the reinsurer to join rival Sirius International on the island, The Insurance Insider can reveal.
David Bull
,
05 April 2017
Market reform could cut Lloyd’s cost ratio by 10 pts: Macquarie
Lloyd's could cut its expense ratio by as much as 10 percentage points over the next eight years if the industry embraces alternative capital and market modernisation, according to a report by Macquarie Capital.
Bernard Goyder
,
05 April 2017
Alliant bulks up MGA group with SES purchase
Alliant has bought SES Insurance Services and added the firm to its managing general agency, the acquisitive company said
Ted Bunker
,
05 April 2017
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