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Impact Forecasting releases first estimates on Ecuador quake
A major magnitude 7.8 earthquake which struck Ecuador's central coast on Saturday evening is likely to have a relatively limited impact in terms of economic damage, according to Aon Benfield's Impact Forecasting unit.
Charlie Thomas
,
18 April 2016
World Bank and European Commission back CCRIF
The World Bank and European Commission have agreed a EUR14mn ($15.8mn) deal to back the Caribbean Catastrophe Risk Insurance Facility (CCRIF).
16 April 2016
Japan suffers second earthquake in 2 days
Southern Japan has been struck by a second significant earthquake this week, with a magnitude 7.1 tremor, according to the Japan Meteorological Agency (JMA).
15 April 2016
P&I clubs increase Iran fall-back limit to EUR100mn
The International Group (IG) of protection and indemnity clubs has obtained an increased limit of EUR100mn ($112mn) for its Iran "fall-back" cover, the group announced yesterday (14 April).
Matthew Neill
,
15 April 2016
HSB receives US permission to use drones
Munich Re subsidiary the Hartford Steam Boiler Inspection and Insurance Company (HSB) has received US permission to use drones to support its claims and underwriting activities, the engineering and technical risk insurer announced yesterday (14 April)
Matthew Neill
,
15 April 2016
Streamlining the focus of Allianz UK restructure: Dye
Allianz UK will combine its commercial and retail segments and explore an exit from the direct home and motor space as part of attempts to streamline the business
Matthew Neill
,
15 April 2016
Newman hands Cooper Gay London reins to Hearn
Gordon Newman, the chief executive of Cooper Gay's London market business, is to retire from the role, which will be filled on a permanent basis by group CEO Steve Hearn, The Insurance Insider can reveal.
Adam McNestrie
,
15 April 2016
LMA unveils second competitive board election in two years
The Lloyd's Market Association (LMA) has revealed that there are six candidates competing for four vacancies on its board, with the election due to take place later this month.
Charlie Thomas
,
15 April 2016
Allianz UK home and motor exit to put 170 jobs at risk
Allianz UK has confirmed it is exploring an exit from its direct UK home and motor markets, with 170 jobs at risk in the company's Bristol and Guildford offices
Matthew Neill
,
15 April 2016
Endurance reveals Q1 mark-to-market investment losses
Equity analysts lowered their first quarter earnings forecasts for Endurance after the Bermudian warned that its net investment income for the period had been impacted by mark-to-market losses.
David Bull
,
15 April 2016
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