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Natural disasters and climate among top risks for 2017: WEF
The World Economic Forum (WEF) has named extreme weather events, major natural disasters and climate change as three of the top 10 global risks for 2017
Matthew Neill
,
11 January 2017
Aegis hires Sompo Canopius PI head
Aegis London has recruited former Sompo Canopius professional indemnity head Jerry Hyne as an underwriter in its own team
Matthew Neill
,
11 January 2017
UK motor changes to spark 12% price hike
Forthcoming regulatory changes and claims inflation in the UK motor market will cause price increases of about 12 percent in 2017, according to Bernstein analyst Thomas Seidl
Matthew Neill
,
11 January 2017
Cyber risk continues to rise up agenda: AGCS
Cyber risk is an increasing cause of anxiety for risk experts worldwide, who once again named business interruption as their greatest fear in a survey conducted by Allianz Global Corporate & Specialty.
Laura Board
,
11 January 2017
Hyperion records 8% organic growth for 2016
London-based insurance group Hyperion has defied the soft market conditions in the sector to record 8 percent organic revenue growth for 2016, the firm announced today.
Charlie Thomas
,
11 January 2017
CIRC introduces property rate guidelines
The China Insurance Regulatory Commission (CIRC) has issued new guidelines on property insurance premiums designed to ensure rates are "reasonable, fair and adequate"
Laura Board
,
11 January 2017
Berkshire enters Canada marine market with Chubb hire
Berkshire Hathaway Specialty Insurance (BHSI) is set to enter the inland and ocean marine insurance market in Canada after hiring Gord Rider from rival Chubb
Dan Ascher
,
11 January 2017
Trust Re receives $50mn capital boost
Bahrain-based reinsurer Trust Re has received a $50mn capital injection as it expands its emerging market operations
Bernard Goyder
,
10 January 2017
PIB closes purchase of most of Thistle UK
Carlyle-backed broker consolidator PIB Insurance Brokers has closed its purchase of the majority of Thistle UK from JLT
Laura Board
,
10 January 2017
Reinsurers no longer covering cost of capital: Bernstein
Continued softening at the 1 January renewals suggests reinsurers are no longer covering their cost of capital, Bernstein analyst Thomas Seidl claimed in a note today.
Catrin Shi
,
10 January 2017
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