For years women’s football was something Uefa would bundle in as a bonus for companies chasing sponsorship deals with the men’s game. Next week, it has the chance to prove it is no longer a commercial afterthought. Euro 2022, which kicks off in England on Wednesday and runs through to the end of the month, … Read more
New You can now listen to Insurance Journal articles! Insurance business services firm ReSource Pro reports it has completed its acquisition of towerIQ, a property/casualty insurance focused technology platform designed to streamline workflows and capture market data. ReSource Pro said the addition of the insurtech will allow its clients to optimize their data collection and … Read more
Despite the promise of more interest rate hikes in the coming months, commercial real estate has performed well in 2022. JPMorgan Chase has released a midyear review on the industry and concluded that it is entering the second half of the year with an overall positive outlook. Strip malls in densely populated residential areas are … Read more
The overall property/casualty insurance industry’s combined ratio is heading for more than 100% for the first time since 2017 due to inflationary pressures, but the commercial lines sector’s combined ratio is expected to remain well below that, Standard & Poor’s Corp. said in a report issued Wednesday. The S&P Global Market Intelligence report projects the … Read more
Glenhawk has announced four new hires that follow three consecutive months of record lending in the run up to May. The specialist lender has appointed Michael Clifford as commercial director, Simon Lee as head of mortgage operations, Sarah Wade as head of marketing and Jude Miranda as bridging credit manager. Clifford brings over 15 years … Read more
This edition of International People Moves details appointments at Willis Towers Watson (WTW) and Hiscox. A summary of these new hires follows here. WTW’s Hires EY’s Mayers for Commercial Lines Pricing, Underwriting Taffy Jo Mayers WTW announced the appointment of Taffy Jo Mayers to the company’s Insurance Consulting and Technology business. In her new role, … Read more
Commercial property price growth holds steady after recent record highs | Mortgage Professional Specialty Commercial The apartment, industrial, and office sectors reported growth despite the cooling market Price growth for US commercial properties have remained close to the record-highs recently achieved, supported by price gains in the industrial and apartment sectors this May, MSCI reported. … Read more
The coal ministry on Monday said that it has received a total of 38 bids during three rounds of commercial coal mines’ auctions. The online bids received as part of the auction process will be opened on Tuesday from 10 AM onwards in the presence of interested prospective bidders, … Read more
Read next: How to avoid potential missteps in multifamily loans Margaret Grossman, managing partner and president of T30, said they expect that the results of their combined efforts “will be access to a significant volume of niche and differentiated deal flow that delivers attractive yield and solid downside protection.” “We are excited to establish this … Read more
Hodge has appointed Stuart Benge as senior business development manager for commercial lending. Benge joins Hodge with more than 25 years of finance sector experience, having previously worked with N&P Commercial and Assetz Capital, among others. In his new role, he will be responsible for expanding Hodge’s presence in the investment property sector on a … Read more