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Insurance
Ryan Specialty Group-owned SafeWaters Underwriting Managers has expanded its marine offering, backed by Aspen Insurance, to include cargo, hull & machinery, and marine liabilities coverages in the US and Latin American markets. 14 February 2018
Insurance
Australian insurer IAG's non-executive director Alison Deans is set to retire from the company’s board following the annual general meeting on 20 October 2017. 5 September 2017
Insurance
The downstream insurance capacity is set to rise further in 2018 despite record losses in 2017 while rates remain subdued, according to a Willis Towers Watson report. 5 April 2018
Alternative Risk Transfer
The US Federal Emergency Management Agency (FEMA) plans to secure additional reinsurance cover for the National Flood Insurance Program (NFIP) by engaging the capital markets for the first time through an insurance-linked securities (ILS) transaction on or about July 1, 2018. 4 April 2018
Insurance
Almost three years ago, a group of insurance professionals got together to consider the challenges facing BAME individuals and those from outside the UK working in the insurance sector, as Ajay Mistry and Kishan Mangat, co-chairs of the Insurance Cultural Awareness Network, report. 19 December 2019
Insurance
Insurance premiums generated by emerging insurtech services will exceed $400 billion by 2023, up from an estimated $187 billion in 2018, according to a study by Juniper Research. 22 August 2018
Insurance
American International Group (AIG) has hired John Repko as executive vice president, chief information officer (CIO), succeeding Martha Gallo who is leaving AIG to pursue other interests. 22 August 2018
Insurance
London & International Insurance Brokers’ Association (LIIBA) chairman Roy White has written to the UK’s prime minister Theresa May to drive attention to the fact that insurance intermediates do not have an equivalence framework in place to allow for business continuity after the UK leaves the EU. 22 August 2018
Insurance
Total flood losses stemming from Hurricane Harvey could reach almost $40 billion but some 70 percent of these losses could be uninsured, according to CoreLogic, the property information and analytics provider. 1 September 2017
Insurance
Insurtech Bought By Many has closed a £15m Series B funding round led by CommerzVentures, the corporate venture capital arm of Germany’s Commerzbank with participation of insurance broker Marsh. 3 July 2018
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