Bigger and More Frequent Wildfires Burning Western U.S. April 21, 2014 Wildfires across the western United States have been getting bigger and more frequent over the last 30 years, according to...
Ilinets Named Vice President of Hub’s San Francisco Commercial Markets April 21, 2014 Hub International Insurance Services Inc. named Artem Ilinets vice president in the San Francisco, Calif. commercial division. Ilinet’s primary role...
2013 P/C Insurers’ Results Show Net Gain on Underwriting– First Since 2007 April 21, 2014 U.S. property/casualty insurers’ net income after taxes grew to $63.8 billion in 2013 from $35.1 billion in 2012, with insurers’...
Claims, Oil and Resentments Linger Four Years After BP Oil Spill April 21, 2014 By Jemima Kelly Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle,...
Markel Int’l. Appoints Tidey Assistant Marine Underwriter in Singapore April 21, 2014 Specialist insurer Markel International has appointed Luke Tidey as an assistant marine underwriter in its Singapore office. He joins the...
Aspen Adopts Shareholder Rights Plan; Endurance Slams ‘Poison Pill’ Defense April 21, 2014 The 17th April of April saw a resumption of hostilities between Aspen Insurance Holdings and its would-be acquirer Endurance Specialty...
Lloyd’s Focuses on Brokers, MGA’s, Capital in New Details for ‘Vision 2025’ Plan April 21, 2014 By Charles E. Boyle Lloyd’s has published a more detailed strategy for 2014-2016, setting out how it will work towards achieving its goals, embodied...
Strong M7.2 Earthquake Shakes Acapulco, Mexico City: AIR Analysis April 21, 2014 According to catastrophe modeling firm AIR Worldwide, on the morning of April 18, 2014, a M7.2 earthquake struck southwestern Mexico,...
Bermuda Re/Insurers Post Strong Results on Favorable Cat Loss Experience April 21, 2014 The Association of Bermuda Insurers and Reinsurers (ABIR) has released the 2013 global underwriting results for its member (re)insurers. 18...
A Tough Sell: Insurance Coverage for a China Financial Crisis April 21, 2014 By Vidya Ranganathan Selling insurance against a financial crisis should not be difficult five years after the last one nearly wrecked the global...