Latest updates

RMS Loma quake

What if 1989’s Loma Prieta Earthquake happened today?

2019-10-17T13:43:00+01:00

Same earthquake hitting the Northeast Bay today could create a $27bn insured loss and a $184bn economic loss in the heart of Silicon Valley, according to an RMS catastrophe modelling study

Marsh building

Samengo-Turner appointed global fac leader at Guy Carpenter

2019-10-17T13:01:00+01:00

He steps up to the global fac role in London after leading Marsh JLT Specialty Asia in Hong Kong, where a replacement has already been found

Climate change iStock-926155608

Climate risk: new PRA requirements come into force

2019-10-17T12:51:00+01:00

New requirements to enhance insurers’ approaches to managing the financial risks from climate change came into effect on 15 October from the UK’s Prudential Regulation Authority

Middle East

Arig seeks shareholder vote on underwriting cessation, appoints interim CEO

2019-10-16T11:28:00+01:00

Central Bank of Bahrain has advised the country’s stock exchange to resume trading of Arig shares, suspended since 14 May

plane sunset Getty

MS Amlin bails out of the aviation insurance market

2019-10-14T14:18:00+01:00

London market re/insurer MS Amlin has confirmed its exit from the aviation insurance market, putting its portfolio into runoff

bermuda flag

New CFO and COO appointments at PartnerRe

2019-10-11T13:37:00+01:00

Reinsurer PartnerRe has announced executive leadership changes

merger

Insurance M&A surpassed $4bn in August – GlobalData report

2019-10-11T13:34:00+01:00

Total insurance industry M&A deals announced in August 2019 globally were worth $4.04bn, according to GlobalData’s deals database

Dorian

Dorian ties as strongest Atlantic hurricane – Aon cat report

2019-10-11T13:32:00+01:00

Tropical cyclones Dorian, Imelda, Faxai each poised for multi-billion-dollar economic losses, according to Aon

Cyber

Cyber terror task force set up by the Geneva Association

2019-10-11T13:28:00+01:00

New cyber terrorism task force formed by International Forum of Terrorism Risk (Re)Insurance Pools and the Geneva Association