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Alternative Risk Transfer
The Federal Emergency Management Administration (FEMA) will launch a cat bond to transfer risk from the National Flood Insurance Program (NFIP) to the capital markets through Flood Smart Re, a Bermuda-domiciled insurance vehicle. 18 July 2018
Insurance
Specialist insurer Markel Corporation has appointed Jennifer Chang as underwriter and senior risk analyst in its trade credit and political risk operation in New York. 5 September 2018
Insurance
Bermuda-based Qatar Reinsurance Company (Qatar Re) said on Oct. 31 that it appointed Manik Sethi as CEO of its Singapore branch. 31 October 2017
Insurance
General Electric (GE) is working with investment bankers to find ways to shed its insurance business, Reuters reported on May 22 citing “people familiar with the matter”. 24 May 2018
Insurance
Specialty re/insurer Canopius has appointed Stephan Ott as its new head for Continental Europe, reinsurance. 24 May 2018
Insurance
Specialist insurer QBE North America has launched a policy offering coverages for construction projects as part of its inland marine product expansion. 24 May 2018
Insurance
Insured losses from major natural catastrophes in 2018 totalled roughly $71.5 billion, slightly more than the annual average since 2011 but the third-highest total during the eight-year period, according to Willis Towers Watson reinsurance unit Willis Re. 16 January 2019
Insurance
Insurance and investment firm Starr Companies which is headed by Maurice Greenberg, has discontinued underwriting new business through the Starr Singapore Underwriting Agents representing its Lloyds Syndicate 1919. 8 November 2017
Insurance
RSA expects to add more than one million new home insurance customers to its books through a partnership with Nationwide Building Society. 5 December 2017
Insurance
Dirk Froese, lead of aviation at Beazley, has been elected to the Lloyd's Market Association’s (LMA) aviation committee following a recent ballot at Lloyd’s. 27 March 2018
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