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Hurricane Florence will likely be an earnings event for the private insurance industry but the National Flood Insurance Program (NFIP) could be hit with heavy losses, potentially resulting in claims for its reinsurers for the second year in a row and its first cat bond being triggered, according to Fitch Ratings. 21 September 2018
Insurance
American International Group (AIG) has appointed Peter Bilsby as global head of specialty. 29 October 2018
Insurance
Lemonade CEO and co-founder Daniel Schreiber believes that the insurer has “turned a corner” as the loss ratio is improving. 20 September 2018
Insurance
JLT Specialty, a US subsidiary of re/insurer Jardine Lloyd Thompson Group (JLT), has appointed Taylor Turney as vice president in its Los Angeles office. 1 October 2015
Insurance
AmTrust E&S Insurance Services, a wholly-owned subsidiary of AmTrust Financial Services, has launched a new excess casualty underwriting division based in Los Angeles. It will be led by Jeff Lynn, who joins from Everest Re. 24 September 2019
Insurance
Bermuda-based specialty re/insurer Sompo International is looking to expand its professional liability product and service offerings with the recruitment of Steven Grippo from AIG. 14 March 2019
Insurance
Touriga Risk, a specialist managing general underwriter, is aiming to launch its underwriting capacity at Lloyd’s by December 15, 2016, following the redomiciling of its business to London from Texas in June. 14 September 2016
Insurance
Re/insurers must hold their nerve on price in the current market conditions and be prepared to shrink if needed, Tom Bolt, Lloyd’s director of performance management, told Baden-Baden Today. 22 October 2014
Insurance
Helios Underwriting has acquired Nameco, a limited liability member of Lloyd’s (LLV), as it continues its strategy of increasing underwriting capacity through acquisition. 12 February 2015
Insurance
Bermuda-based R&Q Investment Holdings, an underwriting management and legacy acquisitions specialist, expects full year 2018 profits to substantially exceed market expectations due to significant legacy acquisitions. 19 September 2018
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