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NFIP expiration date looms; lapse risks disrupting US housing market
Insurance
The National Flood Insurance Program (NFIP) will expire on March 23, 2018 for the third time this year if Congress fails to act and a lapse in the debt-ridden programme may disrupt the national housing market and leave countless homeowners in harm’s way if a severe storm strikes, stakeholder coalition SmarterSafer has warned.   16 March 2018
Tokio Marine looks to expand in Benelux surety market due to rise in demand and capacity providers
Insurance
Specialty insurance group Tokio Marine HCC has hired senior Chubb and Euler Hermes executives to expand its international surety capabilities into Continental Europe. The company believes the region has experienced high demand and an increase in capacity providers in the last five years.   18 July 2019
Insurance
With digitisation comes the question of how loss adjusters and insurance agents can become more effective learners. Due to the restrictions relating to the COVID-19 pandemic, training has moved online. Many courses and certifications are now digital-first.   7 July 2021
Insurance
UK-based RSA Group has appointed Geoff Jones as director of its specialty and wholesale unit, part of its global risk solutions (GRS) business.   27 November 2018
Insurance
US insurer Allstate has launched a new catastrophe bond. The deal’s initial size has been marked up as $250m but speculation is already mounting around by how much it could increase in size given the appetite of capital markets investors at the moment and Allstate’s large appetite for such coverage.   24 April 2013
Insurance
Munich Re has grown premium volume by 42 percent year on year to about €3.3 billion in the 1 July 2018 renewals.   8 August 2018
Insurance
Japanese insurer Sompo benefitted from lower losses from natural catastrophes in North America in the six months ended Sept. 30, 2018 compared to the same period a year ago.   19 November 2018
Risk Management
Ahead of UK risk management body Airmic’s annual conference, CEO Julia Graham explains why the risk manager’s horizon-scanning approach is more important than ever.   5 October 2021
Insurance
Global insured losses from natural catastrophes in 2018 were $76 billion, with over 60 percent resulting from so-called “secondary” perils - small-to-mid sized events or secondary effects of a primary peril, a Swiss Re sigma study has revealed.   10 April 2019
Insurance
The impacts of COVID-19 on the reinsurance sector include the danger of another bout of extreme capital market volatility between now and year end.   15 September 2020

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