Articles
News
The Federal Emergency Management Agency (FEMA) has reduced the size of its annual reinsurance placement which provides coverage for the National Flood Insurance Program (NFIP). 31 January 2019
News
Efforts by Sompo-owned Blue Capital Reinsurance Holdings to reduce volatility and improve the balance of its portfolio were scuppered by more heavy catastrophe losses in 2018 and further loss creep from events in 2017 as it posted another set of heavy losses. 31 January 2019
Insurance
Insurer Chubb has entered into a 15-year life and general insurance distribution agreement with Banco de Chile, the largest bank based in Chile, to further expand its presence in the Latin American market. 28 January 2019
Insurance
American International Group (AIG) has appointment Edward Levin as global head of accident & health, general insurance. 28 January 2019
Insurance
Allied World Assurance Company Holdings has reshuffled the leadership of its Bermuda operations as part of its growth and expansion strategy on the island. 28 January 2019
Insurance
Specialist insurer QBE has hired a senior executive from Allianz as director of motor for the UK. 28 January 2019
News
AIG's insurance-linked securities (ILS) unit AlphaCat Managers has completed a $5 million private catastrophe bond transaction with Brazilian reinsurer Terra Brasis Re. 28 January 2019
Alternative Risk Transfer
Markel CATCo, which has been conducting an internal review into its loss reserves in 2017, has parted company with two of its senior executives with immediate effect after it appears it discovered evidence of an “undisclosed personal relationship” in the course of the investigation. 21 January 2019
Insurance
The board of directors of AmTrust Financial Services has approved the voluntary delisting of all six series of preferred stock and two series of subordinated notes from the New York Stock Exchange. 21 January 2019
Insurance
Germany has signed an agreement with China designed to boost the level of understanding and cooperation between the two countries with regards to re/insurance though the agreements also covers many other aspects of banking and finance. 21 January 2019
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