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JLT: Aviation rates fall 19%

The aviation market has seen another round of double-digit rate declines at the November renewals, with the combined rate for airline hull and liability insurance down 19 percent

Catrin Shi, 09 December 2015
Fitch: US P&C underwriting result to flatten

The underwriting result for the US P&C industry is expect to deteriorate in 2016 to a break-even level, according to Fitch Ratings

Catrin Shi, 09 December 2015
AGCS: average large BI claim rises to EUR2mn

Business interruption claims are increasing in severity, with the average large BI claim now costing EUR2.21mn ($2.38mn), according to research from Allianz Global Corporate & Specialty

Catrin Shi, 09 December 2015
Tokio Marine Kiln names new property head

Tokio Marine Kiln (TMK) has promoted Paul Dreblow to head of corporate and commercial property in its London office, it announced today (9 December)

Catrin Shi, 09 December 2015
Great American enters M&A liability arena

US insurer Great American has launched a new M&A liability division after hiring Roy Reynolds from Endurance to lead the venture.

Charlie Thomas, 09 December 2015
Argenta joins Lloyd’s China platform

Argenta Syndicate Management, the managing agency subsidiary of Argenta Holdings, has become the latest managing agency to join Lloyd's China platform in Shanghai

Charlie Thomas, 09 December 2015
RSA announces sale of Russian operations

UK insurer RSA has agreed to sell its entire holding in Intouch Insurance to Russian pension fund Blagosostoyanie for £5mn in cash, exiting the Russian market in the process

Charlie Thomas, 09 December 2015
BHSI enters surety market in Asia

Berkshire Hathaway Specialty Insurance (BHSI) is to enter the surety market in Asia.

Charlie Thomas, 09 December 2015
AJG buys McPherson Benefits

Acquisitive broking giant AJ Gallagher as added to its operations with the acquisition of McPherson Benefits Group for undisclosed terms.

09 December 2015
IAG reveals restructure

Australian carrier IAG has shaken up its internal structure, moving its Asian and New Zealand business into a new international division.

09 December 2015

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