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Everest Re builds out US insurance team
Everest Re today (July 27) announced the appointment of Michael Karmilowicz to lead its US management and professional liability insurance business Everest Specialty Underwriters.
Catrin Shi
,
27 July 2015
Investors diverge on Q2 earnings
The Insider 30 index remained essentially flat last week, falling a mere 0.07 percent, as the second quarter reporting season begun.
Himal Patel
,
27 July 2015
PRA stress tests don’t go far enough: Hiscox
The Prudential Regulation Authority (PRA)'s stress test for insurers doesn't go far enough in showing how carriers will cope with extreme scenarios, according to Hiscox chairman Robert Childs.
Charlie Thomas
,
27 July 2015
MoJ mulls fixed fees for deafness claims
The UK Ministry of Justice (MoJ) is considering imposing fixed-fee recoveries for claimant solicitors pursuing noise-induced hearing loss claims against insurers.
Dan Ascher
,
27 July 2015
New UK third parties rules to come into force
The long-awaited UK Third Parties (Rights Against Insurers) Act 2010 could finally be ready to come into force after years of delays, The Insurance Insider understands.
Charlie Thomas
,
27 July 2015
Accused ship owner appeals $85mn fraud allegation
A ship owner has appealed a court decision that allowed 10 Lloyd's insurers to allege that it deliberately scuttled its own ship.
Dan Ascher
,
27 July 2015
Gallagher sues former employee
International broker Arthur J Gallagher is suing one of its former employees and his new employer Portsoken after data was allegedly stolen and passed on to the rival intermediary.
Dan Ascher
,
27 July 2015
ERS allowed to rectify policy to avoid £4.6mn loss
A UK court has allowed motor syndicate ERS to amend a policy after rival insurer Axa tried to claim it should have been liable for a £4.6mn car crash.
Dan Ascher
,
27 July 2015
Commercial D&O rates off 3.9% in Q2
Average rates for US commercial directors' and officers' (D&O) insurance across total programmes were down 3.9 percent in the second quarter, according to broker Marsh.
David Bull
,
27 July 2015
Softening in US property accelerates ‘dramatically’: Marsh
The softening market for US commercial property insurance "accelerated dramatically" after 1 April, according to Marsh's US property practice leader Duncan Ellis.
David Bull
,
27 July 2015
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