Labuan IBFC Inc., an Asian financial hub known for its insurance, reinsurance, Islamic finance, and digital business solutions, has announced the appointment of Steven Choy Khai Choon as Chairman, and Dr. Aida Othman as a member of its Board of Directors.
Coronavirus, P/C Insurers, Risk Management Axa, Lloyd’s of London
Helios is reporting a is reporting increases in its capacity portfolio and comprehensive income in 2021, according to its latest results.
According to Gallagher Re’s 1st View renewal report, the global reinsurance market returned to a “more stable and predictable” renewal at 1/1, driven by a healthier property reinsurance market.
Auto liability, Catastrophe Modeling, Catastrophes, Disaster Management, P/C Insurers, Property
Agents and Brokers, Financial Results Arthur J. Gallagher & Co.
Global renewal rates for property catastrophe reinsurance saw a wide range of outcomes at the January 1st 2024 renewals, with non-loss affected accounts largely flattish, but loss impacted seeing increases of up to 30%, according to Guy Carpenter.
Agents and Brokers, Cyber Risks, Emerging Risks, P/C Insurers, Technology Arthur J. Gallagher & Co.
Westfield Specialty International, the London-based specialty insurance arm of Westfield, has expanded its offshore energy team with the appointment of Michael Poulteney as Class Underwriter and Manraj Kaila as Senior Underwriter.
Claims Disputes, Coronavirus, Coverage Disputes, Emerging Risks, General liability, P/C Insurers, Property, Risk Management AIG, Chubb Ltd., The Travelers Cos., Zurich
Markel Corporation has reported an improvement in its combined ratio to 89% for the first quarter of 2022, as earned premiums increased to almost $1.8 billion in the period.
Cyber Risks, Emerging Risks, P/C Insurers, Regulation, Technology France Axa
