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News – Insurance Journal

Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
News – Insurance Journal
  1. Insured Losses from China’s Typhoon Mangkhut Estimated at US$1B-US$2B: AIR
    Industry insured losses from Typhoon Mangkhut in mainland China, Hong Kong, and Macau will be between US$1 billion and US$2 billion, according to catastrophe risk modeling firm AIR Worldwide. After making landfall in the Philippines, Typhoon Mangkhut doused a less …
  2. AXA XL Names Moniz & Scully to Lead Excess Casualty Teams in Bermuda, Dublin, Respectively
    AXA XL announced two senior promotions within its Excess Casualty Insurance business. Effective immediately Vivienne Moniz and Elaine Scully have been appointed as head of Excess Casualty, Bermuda, and head of Excess Casualty, Dublin, respectively. Their responsibilities will include driving …
  3. UK Financial Firms Expect 5,766 Jobs to Move in Event of Hard Brexit: Reuters Survey
    As few as 630 UK-based finance jobs have been shifted or created overseas so far ahead of Brexit, while the number of jobs that UK-based financial institutions said they expected to move in the event of a “hard” Brexit is …
  4. As Brexit Day Nears, 630 UK Financial Services Jobs Have Shifted to EU, Reuters Finds
    As few as 630 UK-based finance jobs have been shifted or created overseas with just six months to go before Brexit, a far lower total than banks said could move after Britain’s surprise vote to leave the European Union, according …
  5. Congress on Track to Double Size of U.S. Overseas Investment Agency
    The head of the main U.S. agency for aiding developing country infrastructure projects said on Monday the ability to extend funding for such investments is expected to double if new legislation is approved by the U.S. Congress. Ray Washburne, president …

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