The quantity of direct and facultative (D&F) (re)insurance premium written by London company market players remained relatively stable during 2015, as overall premium volume dipped slightly.
JLT Re has appointed Jong Kuk Moon as CEO of JLT Re Korea, based in the reinsurance broker's Seoul office and reporting to Kenny Moyes, CEO of JLT Re Asia.
Catastrophe modelling firm AIR Worldwide is expecting relatively low insured losses as a result of Typhoon Haima in the Philippines, despite it making landfall as a Category 4 storm
London's International Underwriting Agency (IUA) has urged the signing of a bilateral trade deal covering reinsurance (a covered agreement) to ensure that recent progress regarding collateral requirements is not wasted.
Allianz Global Corporate & Specialty (AGCS) has continued its push into entertainment covers with the appointment of Clare Dowling as senior underwriter in its London-based contingency insurance segment.
JLT Re has appointed Graeme Harley as managing director of its regional broking operation JLT Re Indonesia.
Credit-Suisse backed Arcus Syndicate 1856, which is managed by Barbican Managing Agency has appointed Katie Higgon as an underwriter, reporting to active underwriter Nicky Payne.
The worst fears of property (re)insurers on the BASF programme appear to have abated this week after the German chemical manufacturing giant began to restart facilities at its Ludwigshafen headquarters following an explosion and fire on the pipelines which supply the plants.
Catastrophe risk modelling firm RMS has added its weight to those suggesting estimated US insured losses from Hurricane Matthew are likely to be relatively easily absorbed by the market, with a projected loss range of $1.5bn- $5bn.
US insurance heavyweight Travelers experienced a 23 percent decline in net income during the third quarter of 2016, driven in part by an increase in non-catastrophe weather-related losses, the carrier said yesterday (20 October).
The company is one of the leaders in its field, employing over 122 000 people worldwide. It is one of the largest chemical conglomerates in the world with a creditable health & safety track record...