Lloyd's/London Market

Thomas Miller Celebrates 20 Years in Singapore

Thomas Miller, the international provider of market leading insurance services and the Manager of the UK P&I, UK Defence and TT Clubs, is celebrating the 20th anniversary of its Singapore office. The anniversary will be marked […]

Emerging Risk

Insurance Australia Group Chooses RMS Earthquake Risk Model

RMS, the global risk modeling and analytics firm, today announces that Insurance Australia Group (IAG), a leading multinational insurer, has licensed the RMS High Definition New Zealand Earthquake Model. The RMS High Definition (HD) New […]

Flood Insurance

RMS Estimate Costs of Typhoon Jebi at over US $3 Billion

RMS, a global risk modelling and analytics firm, has estimated that the insured loss for Japan from Typhoon Jebi will be between USD$3 billion and $5.5billion (¥340 to ¥620billion). This estimate is based on analysis of […]

Insurance & Reinsurance

Liberty Mutual Rebrand Includes New Italian Operations

Liberty Specialty Markets has rebranded its reinsurance division as Liberty Mutual Re and launched a reinsurance operation in Italy for the first time. The rebrand is effective immediately and encompasses all aspects of LSM’s reinsurance division, […]

InsureTech

Etherisc Launches Blockchain Insurance to Cope With Storms & Disasters

Etherisc, the global, decentralized insurance platform for collectively building insurance products, has today announced its support for the first blockchain-enabled insurance product to combat catastrophic weather events in Puerto Rico. The hurricane insurance policy on […]

Insurance & Reinsurance

Willis Towers and Covea Deal on Storm Damage is Signed Off

Willis Towers Watson Securities, the investment banking business of Willis Towers Watson (NASDAQ: WLTW), today announced that it has structured and placed EUR 90 million of insurance-linked securities for Covea Mutual Insurance Group, France’s largest […]

Global insurance trends

Marine Insurance 2017: Hurricanes Hit a Soft Market For Six

2017 Review – Insurance In The Eye of The Storm Here are some comments looking back at the turbulent events of 2017 which affected marine insurance, plus the knock-on effect for those in the commercial […]