Global insured losses from natural catastrophes declined by 12.5 percent year-on-year to $35bn in 2015, despite an uptick in the number of events, according to Aon Benfield's Impact Forecasting unit.
Calls to expand the nascent UK government-backed Flood Re scheme to cover small and medium-sized enterprises (SMEs) as well as homes are misdirected, according to the Association of British Insurers (ABI).
Pro Global has appointed Andrew Donnelly as chief financial officer (CFO), the UK-listed outsourcing firm said in a stock exchange announcement today (12 January)
