Surplus Lines Posts Record-Breaking Year for 2014 September 4, 2015 By Andrea Wells The surplus lines industry broke records in 2014, growing direct premium written (DPW) in 2014 to $40.2 billion — the...
Cost of Tianjin Explosions Could Reach $3.3 Billion: Guy Carpenter September 4, 2015 The two massive explosions which hit China’s Port of Tianjin last month could generate insurance losses of up $3.3 billion,...
Aon Benfield August Cat Report Highlights Global Droughts, El Niño, Typhoons September 4, 2015 The monthly report for August from Aon Benfield’s Impact Forecasting catastrophe model development team cites the “severe drought conditions” in...
Zurich Names Terryn General Insurance CEO, as Kerner Steps Down September 4, 2015 Zurich Insurance Group announced that Kristof Terryn, currently CEO of Global Life, will take over as CEO of General Insurance,...
Hiscox Appoints Berg-Winters as Head of UK Claims September 4, 2015 Specialist global insurer Hiscox announced the appointment of Eva Berg-Winters as head of UK Claims. Berg-Winters joins Hiscox from strategy...
Generali Appoints Hodges as Head of IT Systems September 4, 2015 Bruce M. Hodges will join the Generali Group as group head of Information Systems, effective October 1, 2015, the Trieste,...
Tier 1 Reinsurers More Resilient than Smaller Firms in Current Market: Fitch September 4, 2015 Major tier 1 reinsurers stand to benefit most from a changing reinsurance market and mounting competitive pressures, while small mono-line...
DUAL M&A Liability Team Open for Business in Frankfurt and London September 4, 2015 DUAL, the underwriting arm of the Hyperion Insurance Group, announced that its Frankfurt and London-based M&A Liability team is open...
North Carolina Man Accused of Defrauding Insurance Companies September 4, 2015 North Carolina Insurance Commissioner Wayne Goodwin announced the arrest of William Jeffery Barnhardt, 65, of West End, Moore County; he...
West Virginia Residents Sue CSX Over Train Derailment September 4, 2015 By John Raby A lawsuit has been filed against CSX Corp. on behalf of southern West Virginia residents living near the site of...