Catastrophe losses from the recent U.S. hurricanes and Mexican earthquakes will lead to price rises on London market insurers’ loss-affected lines and could also affect wider market pricing trends, according to Fitch Ratings in a new report. The total industry …
Specialist insurer Beazley has underwritten its first policies through its new Dublin-based insurance company, which was authorized by the Central Bank of Ireland in July. The company, Beazley Insurance, is rated “A” by A.M. Best and “will play a key …
Everest Re Group Ltd. has said its Dublin-based unit has received approval from the Central Bank of Ireland to become a non-life insurer, joining a growing list of insurers setting up regulated EU operations in case Britain does not have …
Losses from Hurricane Maria and other recent 2017 natural catastrophes, including Hurricanes Irma and Harvey, the Mexico City earthquakes and other events, have led global insurers and reinsurers to issue profit warnings. Below are statements from insurers and reinsurers in …
Beazley, a specialist in data breach response insurance, has partnered with Generali Brazil to manage data breaches for Generali’s corporate and commercial cyber insurance customers. Beazley will coordinate the breach response for policyholders, including IT experts, legal services, identity monitoring, …
Lloyd’s of London insurer Beazley said on Friday it reckoned that its losses from hurricanes Harvey, Irma and Maria in the Caribbean and southern United States and a series of earthquakes in Mexico would reduce its 2017 earnings by about …
Beazley, a provider of specialist insurance, has appointed Andrew Mehrhoff as head of broker relations – north central region. Mehrhoff will be based in the firm’s Chicago offices and will be responsible for developing new and existing opportunities for Beazley …
Beazley has launched a new excess policy for the U.S. market that significantly expands the protection available to firms that fall victim to impersonation scams by fraudsters convincing employees to wire funds to external accounts. According to Beazley, this and …
Lloyd’s of London insurers dropped amid speculation that they will suffer losses from Tropical Storm Harvey that’s battering Houston, the epicenter of the U.S. oil industry. The storm, which which made landfall as a category 4 hurricane and then drifted …
Beazley, a specialist property insurance provider, has appointed Santiago Jaramillo as engineering focus group leader for the U.S. and Latin America, based in Miami, reporting to Colin Rose, Beazley’s head of construction and engineering. Jaramillo has more than 20 years’ …
