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2 10, 2015

Update: Category 4 Hurricane Joaquin, Now Pounding Bahamas, May Bypass East Coast

By | October 2nd, 2015|Recent Articles|Comments Off on Update: Category 4 Hurricane Joaquin, Now Pounding Bahamas, May Bypass East Coast

While forecasters haven’t ruled out a U.S. East Coast strike by the Category 4 hurricane pounding the Bahamas with heavy rains and raging surf, more projections are showing Joaquin will miss, the National Hurricane Center said. Joaquin raked parts of the …

6 10, 2015

DUAL Launches New Private Clients Global Practice

By | October 6th, 2015|Recent Articles|Comments Off on DUAL Launches New Private Clients Global Practice

The DUAL Group, the MGA and Lloyd’s of London’s international coverholder, has announced the launch of DUAL Private Clients, which will marry their recent acquisition of the Private Clients underwriting business of Aqua and Aurum with their own global distribution …

2 10, 2015

ACE Offers Cover for Private Equity/Venture Capital Firms in Hong Kong, Singapore

By | October 2nd, 2015|Recent Articles|Comments Off on ACE Offers Cover for Private Equity/Venture Capital Firms in Hong Kong, Singapore

ACE Group has launched Private Equity and Venture Capital Liability Insurance in Hong Kong and Singapore. The product aims to address the evolving regulatory and volatile economic environments as well as increasingly complex deal structures. The product offers insureds protection should …

2 10, 2015

Competition, Customer Demand Worry Global SMEs but Optimism Rises: Zurich

By | October 2nd, 2015|Recent Articles|Comments Off on Competition, Customer Demand Worry Global SMEs but Optimism Rises: Zurich

Small and medium-sized enterprises (SMEs) around the world are increasingly concerned about the impact of competition on margins and lack of consumer demand, according to Zurich Insurance Group’s third annual global SME survey. The survey* polled 3000 C-suite executives and …

2 10, 2015

Booth Joins DUAL as Non-Exec Chairman & Named Hyperion’s Non-Exec Director

By | October 2nd, 2015|Recent Articles|Comments Off on Booth Joins DUAL as Non-Exec Chairman & Named Hyperion’s Non-Exec Director

Hyperion, the world’s largest employee-owned insurance group, announced today that Clem Booth will join DUAL, its underwriting arm, as non-executive chairman of the board. He will also become a non-executive director on the board of Hyperion. The appointments are subject …

6 10, 2015

Assessing First-Half P/C Insurance Results: A.M. Best

By | October 6th, 2015|Recent Articles|Comments Off on Assessing First-Half P/C Insurance Results: A.M. Best

The property/casualty insurance industry is likely to post a third consecutive year of underwriting profits, considering its performance in the first half of the year and barring any late year catastrophic losses, according to rating agency A.M. Best. The P/C …

2 10, 2015

Canopius Appoints Turner as Head of Specie

By | October 2nd, 2015|Recent Articles|Comments Off on Canopius Appoints Turner as Head of Specie

Canopius Group AG today announces the appointment of Philip Turner as head of specie, effective immediately. Turner joins from Marsh where he has led its specie practice for the past 20 years. He will report to Joyce Webb, group head …

2 10, 2015

Confie Acquires Alabama, New York, Florida Brokers

By | October 2nd, 2015|Recent Articles|Comments Off on Confie Acquires Alabama, New York, Florida Brokers

National personal lines insurance broker Confie said it has acquired four insurance brokers with locations in Alabama, western New York and Florida. Confie acquired TS Insurance Group which specializes in non-standard auto insurance, and operates five locations in Montgomery, Abbeville, …

2 10, 2015

Insurance Company Investors Assess Hurricane Joaquin Damage

By | October 2nd, 2015|Recent Articles|Comments Off on Insurance Company Investors Assess Hurricane Joaquin Damage

The hurricane strengthening off the U.S. East Coast is buffeting insurance providers as investors assess the possible damages. Losses began to accelerate as Joaquin grew into a Category 4 hurricane, with top winds increasing to 130 miles (210 kilometers) per hour …

6 10, 2015

ACE Enhances ACE Travel Smart for European Business Travel Insurance Buyers

By | October 6th, 2015|Recent Articles|Comments Off on ACE Enhances ACE Travel Smart for European Business Travel Insurance Buyers

ACE Group has launched two further enhancements to its ACE Travel Smart duty of care proposition for European business travel insurance buyers. The first of the new services is an online dashboard for human resources and risk managers, which enables …