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Reinsurers providing the National Flood Insurance Program (NFIP) with flood reinsurance protection could suffer a total loss given the magnitude of Harvey flooding, Fitch said on Aug. 30. 31 August 2017
Insurance
Berlin-based digital insurance start-up Coya raised a seed investment of over $10 million from investors including Valar Ventures, the venture fund backed by Peter Thiel. 31 August 2017
Insurance
Bermuda-based re/insurer Aspen has opened a property branch in its Chicago office following the appointment of two XL Catlin executives. 13 July 2015
Insurance
Willis Towers Watson has appointed Gary Marchitello as head of property broking, North America, and will be based in New York. 28 September 2016
Insurance
Howden Iberia, a subsidiary of Hyperion Insurance-owned Howden Broking Group, has bought Spanish brokerage group Bergé y Asociados Correduría de Seguros. 6 July 2017
News
Efforts by Sompo-owned Blue Capital Reinsurance Holdings to reduce volatility and improve the balance of its portfolio were scuppered by more heavy catastrophe losses in 2018 and further loss creep from events in 2017 as it posted another set of heavy losses. 31 January 2019
Insurance
The next few years will be vital in establishing London’s long-term relationship with emerging markets in Asia and Latin America, according to Dave Matcham, CEO of the International Underwriting Association (IUA). 10 May 2017
Insurance
The British Insurance Brokers Association (BIBA) CEO Steve White has warned the insurance industry to be wary of current turmoil affecting the sector. 10 May 2017
Insurance
Specialist Lloyd's insurer Neon has completed its claims team with the appointment of Gavin Coley as technical head of claims, and James Sterling as claims manager for professional indemnity and financial lines. 10 May 2017
Insurance
Twelve Capital Group has revealed that it was the lead investor in $45.5 million private debt transaction with Catalina General Insurance, a subsidiary of Catalina Holdings, Bermuda. 10 May 2017
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