Insured loss estimates from major natural catastrophes totaled US$39.5 billion during 2016, which is the highest level since 2012 when market losses totaled US$60 billion, according to a report published by Willis Re, the reinsurance division of Willis Towers Watson. …
Major weather and flood events in the U.S. during January will cost the insurance industry more than $1 billion as tornadoes hit a 17-year high, according a report published by Impact Forecasting, Aon Benfield’s catastrophe model development team. The most …
Arthur J. Gallagher announced it has responded to the “perfect storm” facing manufacturers – a rising risk of cyber attacks, coupled with increased vulnerability and largely excluded exposures – by designing a tailor-made policy to more effectively transfer their unique …
Aon Benfield, the reinsurance intermediary and capital adviser of Aon plc, has appointed Jeremy Goodman as global head of Broking Strategies. Goodman begins the role with immediate effect and reports to Eric Andersen, chief executive officer of Aon Benfield. Based …
With “smart” building becoming the gold standard in today’s commercial construction world, builders, building owners, workers and insurers are dealing with new technologies and risks. These smart technologies — from high tech gadgets aimed at increasing building efficiencies to wearable …
The cost of insurance premiums was ranked as the top deciding factor when picking a policy by 61 percent of small and medium-sized enterprises (SMEs), according to survey data released by London-based RSA Insurance. This was followed closely by brokers’ …
This is your last chance to participate in Insurance Journal’s annual Agency Salary Survey. The survey closes Friday, Feb. 3. We invite all retail agency owners, principals, producers, CSRs — the entire agency — to participate in this exclusive independent …
JLT Re, the global provider of reinsurance broking and consultancy, announced the appointment of William Pang as managing director for JLT Re Philippines, subject to regulatory approval. Pang will be relocating to Manila in the first quarter of 2017. He …
International broker and risk management firm Integro Insurance Brokers announced the hiring of industry veterans Simon Abraham and Darren Gregory, who join the firm’s growing Financial Institutions group in the London office at 100 Leadenhall Street. The hiring of Abraham …
Insurance Journal is running its annual Agency Salary Survey and we want to hear from you. All retail agency owners, principals, producers, CSRs — the entire agency — is invited to participate in this exclusive independent insurance agency survey for …
