Bermuda-based Ironshore Canada has announced its entry into the Commercial Property Market with capacity that enhances its existing suite of specialty products available in the Canadian region. “Ironshore Canada has licensed approvals to provide property coverage products to select, specialty …
US and London-based risk management company ImageCat has flowed up its successful launch of “inhance” with a new partnership with the global property information, analytics and data services provider CoreLogic, which it said would “allow re/insurers to reduce significantly the …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, announced that Servet Gurkan, Chairman and CEO of Aon Benfield Turkey, plans to retire and will leave the firm on July 1st. Ferhan Ozay will take over as …
A report from Catlin Group Limited explains that its Seaview Survey, “using specially developed underwater imaging techniques,” is revealing how Tropical Cyclone Ita impacted exposed parts of the Great Barrier Reef earlier this year. The Catlin sponsored Seaview Survey is …
As waves of capital reshape reinsurer’s business model, the property/casualty insurance industry needs to change although exactly how remains a matter of debate. Reinsurers face a growing threat from the capital markets—hedge funds, pensions and others that have found innovative …
ING Groep NV, the biggest Dutch financial-services company, is seeking as much as €1.54 billion ($2.1 billion) in the first and what may be only public offering of its European insurance unit. The firm plans to offer 70 million shares …
Vhi Healthcare, the Irish state-owned medical insurer, extended a reinsurance accord with Warren Buffett’s Berkshire Hathaway Inc. as it seeks to move risk from its balance sheet and avoid a taxpayer bailout. Berkshire signed a one-year accord last July to …
Local cyclists seem to generally approve of new traffic laws in West Virginia to protect them, though many say the increasing number of riders on city streets already has created something of a truce with motorists. The new law that …
The explosions that damaged a crippled Japanese nuclear plant during a disaster that forced mass evacuations in 2011 show what can happen when nuclear fuel overheats. In response to the Fukushima Dai-ichi accident, the U.S. government dramatically increased funding to …
Experian Plc, the largest of the three credit reporting companies in the U.S., was accused by Mississippi of failing to ensure that its consumer credit reports are accurate. Mississippi Attorney General Jim Hood alleged in a complaint moved to federal …
