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Alternative Risk Transfer
Christchurch City Council is considering insurance-linked securities (ILS) to increase its insurance cover for underground assets such as water and waste pipes. 8 July 2019
Insurance
The recent ‘WannaCry’ ransomware virus attack was heralded as a wake-up call for businesses concerned about their cyber security but has failed to boost demand for insurance, according to communications consultancy group FWD. 3 July 2017
News
White Mountains Solutions, the specialist runoff acquisition subsidiary of the White Mountains Insurance Group, is to acquire American General Indemnity Company and American General Property Insurance Company from American General. 27 June 2012
Insurance
UK-based motor insurer Admiral Group grew its operations in the first half of 2017, offsetting the impact of a lower Ogden personal injury discount rate. 16 August 2017
Insurance
Broker Willis Towers Watson has hired QBE's Jill Stewart as head of FINEX Australasia to further strengthen its capability in the financial and professional lines. 29 June 2017
Insurance
The World Bank (International Bank for Reconstruction and Development) has launched bonds that will support the Pandemic Emergency Financing Facility (PEF), which will channel first-response surge funding to developing countries facing the risk of a pandemic. 29 June 2017
Insurance
AmTrust Financial Services has informed shareholders that "a representative of the company will count the votes and act as an inspector of election" at the company's special meeting next week, which means that the company will act as judge and jury of the shareholder vote on June 4, according to activist investor Carl Icahn. 31 May 2018
Awards
The chief executive officer of Lloyd’s Inga Beale has been selected as this year’s recipient of the APIW Insurance Woman of the Year award. 8 May 2017
Insurance
Property/casualty insurer Chubb has enhanced its financial lines covers in the UK and Ireland. 8 May 2017
Insurance
RSA, one of the largest UK commercial insurers, has appointed Kevin Demmon as specialist underwriting leader and Rosie Dalton as property underwriter for UK domestic and global programmes to strengthen its risk management team. 6 June 2016
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