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Insurance

Western Japan floods trigger up to $4bn claims

Industry insured losses from the flooding in western Japan caused by excessive rainfall from June 28 to July 8, 2018, will be between ¥284 billion ($2.6 billion) and ¥423 billion ($4.0 billion), according to catastrophe modelling firm AIR Worldwide.   21 August 2018

Insurance

AmTrust CFO promoted to president

As CFO he led the transformation of AmTrust’s finance organisation.   6 December 2019

Insurance

Moody’s flags up insurers facing Dorian impact in vulnerable US states

As Hurricane Dorian continues to threaten the southeast US coast, a credit ratings firm has identified the primary insurers that could be most affected.   6 September 2019

Insurance

TigerRisk swoops for MS Amlin's James Few to helm London office, lead expansion in UK, EMEA and Asia

Reinsurance broking and risk/capital management firm TigerRisk has hired MS Amlin's James Few as chief executive officer (CEO) of its London office, responsible for leading expansion in the in UK, EMEA and Asia.   4 September 2019

Insurance

Tesla to enter insurance market, promising to undercut rivals

Electric car maker Tesla has entered the insurance market, and some commentators have said it seems like a smart move.   4 September 2019

Insurance

Hub International acquires The Insurance Exchange

Hub International, a global insurance brokerage, has acquired Rockville, Maryland-based Insurance Exchange, one of the largest independent insurance agencies in the Mid-Atlantic region.   14 March 2019

Insurance

Chubb appoints new UK and Ireland financial institutions head post underwriting merger

Insurer Chubb has appointed Jonathan Kennett as head of financial institutions for the UK and Ireland and Chubb Global Markets (CGM), the insurer's London Market wholesale and specialty arm.   9 April 2019

Insurance

Indian regulator IRDAI gives approval to 11 cross-border reinsurers for 2019-2020

The Insurance Regulatory and Development Authority of India (IRDAI) has granted special approval to 11 cross-border reinsurers (CBR) for the year 2019-20, according to a circular issued on April 04.   8 April 2019

Insurance

RGA reinsures Manulife longevity risk

Reinsurance Group of America (RGA) has completed a longevity reinsurance deal with Canadian multinational insurance and financial services company Manulife.   14 February 2019

article

Applied Underwriters founder Steve Menzies acquires insurance companies from Berkshire Hathaway

US insurer Applied Underwriters and its subsidiary North American Casualty Co., a group of diversified, national financial services companies, have been acquired by Applied's founder, Steve Menzies, joined by the Quasha Group led by Quadrant Management.   17 October 2019

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