Agriculture
Aon Benfield warns of 20-30% reduction in profit for crop insurers
Aon Benfield report reveals that proposed changes to the Standard Reinsurance Agreement by the USDA could induce challenging market conditions for US crop reinsurers participating in the Federal insurance program.
Transactor new provider for Cornish Mutual
Transactor Global Solutions is the new provider for south west based insurer, Cornish Mutual, with a complete system replacement scheduled to go live in September 2010.
UK General confirms 20 jobs are at risk
UK General has confirmed that 20 jobs are potentially at risk as a result of the restructure of its branch network.
UK General announces restructure of its branch network
UK General has unveiled the latest stage of its strategy for the SME commercial market, confirming Fortis as capacity provider for SME business and rural.
RLI expanding into crop reinsurance
RLI expands into crop reinsurance with a quota share agreement
Environment Agency publishes indepth report into 2007 floods
It estimates £3.2bn worth of damage was caused, but a quarter of households were not insured.
Acquisitive Lloyd's insurer Amlin swoops again
Crowe Livestock Underwriting latest target for insurance group.
Lloyd’s report says microinsurance provides opportunities for all
Insurance for low income individuals can play an important role in helping communities in developing countries mitigate and adapt to climate change, and to provide the security needed to develop long term sustainability projects, according to Lloyd’s.
Groupama launches Romanian subsidiary
Insurer Groupmama has launched Groupama Asigurari in the Romanian insurance market.