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The hailstorm that spread across part of Texas on June 6 - with baseball sized hail reported in Dallas, Tarrant, and Denton counties - is estimated to result in insured losses close to $1 billion, according to Karen Clark & Company (KCC). 12 June 2018
Insurance
Insurtech app Nimbla has been the first commercial insurance app to be selected for Barclays’ London based accelerator. 27 February 2018
Insurance
Arno Junke, the chief executive of Deutsche Rück and the Association of German Public Insurers (VöV), has left both positions as of December 31, 2017. 2 January 2018
Insurance
Federated National Holding Company (FNHC) has acquired the interests in Monarch Delaware Holdings (MDH) held by its joint venture partners and the repayment of debt, according to a Feb. 22 press release. 23 February 2018
News
UK-based RSA Group has unveiled plans to refocus some of its commercial activities while bringing new talent onboard, in a move it hopes will result in growth and development of its CRS and GRS segments. 25 January 2019
Insurance
Professional services company Towers Watson and employee benefits consultancy In2Matrix have established an exclusive alliance in Russia to provide consulting and insured employee benefits solutions. 12 May 2014
Insurance
Liberty Mutual has launched a new global transaction solutions (GTS) unit to serve the growing market for mergers & acquisitions (M&A) insurance solutions. 12 September 2018
Insurance
Everest Insurance has expanded its Everest Specialty Underwriters (ESU) financial lines group with the addition of three new cyber liability team members. 12 September 2018
Insurance
The UK's Minister of State for Security Ben Wallace has unveiled a new initiative in partnership with the terrorism mutual reinsurer Pool Re to help improve business continuity and resilience in the event of a terrorist attack. 7 March 2019
Insurance
Fourth fifths (80 percent) of carriers expect to increase MGA capacity in 2019, according to a survey of more than 100 insurers and MGAs conducted by global law firm Clyde & Co. 1 July 2019
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