property and casualty insurance News

Critical Values in a Property’s Lifecycle

This post is part of a series sponsored by CoreLogic. Accurate valuation is critical to the primary functions of the real estate economy. From the listing of a property all the way through acquiring insurance, there are 3 critical moments …

Marsh Places 10,000-Plus Risks During 2018 via London’s Placing Platform (PPL)

Marsh announced it placed more than 10,000 risks in 2018 through Placing Platform Ltd. (PPL), the electronic insurance placement platform used by Lloyd’s, London market insurers, and brokers. Marsh has now bound more than 15,000 risks in total on the …

London’s Electronic Placements Exceed Targets; Beazley Syndicate 3623 Ranks #1

The London market’s electronic placing platform, PPL Ltd., exceeded targets during the third quarter as more and more syndicates and companies accepted risks via the platform. Beazley Syndicate 3623 topped the league table of those Lloyd’s syndicates that have embraced …

London Market’s Placing Platform Completes Product Roll-Out with Treaty Reinsurance

The London market’s electronic placing platform, PPL Ltd., announced that the treaty reinsurance class of business went live on the platform today, completing its roll out of products. PPL said its focus will now be on continuous improvement of the …

London Market’s Placing Platform, PPL, Adds P/C Lines to Growing Roster of Risks

PPL, the London market’s electronic placing platform, announced that property/casualty risks now can be bound on the platform. The PPL platform first began trading in July 2016 with stand-alone terrorism risks. It now also writes political violence, financial and professional …

Kemper Corp. Realigns P&C Group

Kemper Corp. is realigning its property & casualty business. This realignment will result in one property & casualty segment for financial reporting purposes, beginning with the first quarter 2014. The new Kemper property & casualty segment will consist of the …

The Hanover Says It Is Committed to Oklahoma

The Hanover Insurance Group does a lot of business in Oklahoma and plans to keep it that way. Responding to an Insurance Journal article that inaccurately reported the company was pulling out of the state, The Hanover said that was …