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Florence will likely trigger NFIP reinsurers – again
Insurance
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
Cyber warfare is another key focus.   2 January 2020
Lemonade CEO suggests insurer has ‘turned a corner’ in underwriting
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
French insurer AXA is planning to sell all its insurance operations in Ukraine and exit the Ukrainian market.   23 October 2018
Insurance
S&P Global Ratings has revised its outlook to positive from stable on Argo Group US and its subsidiaries, reflecting the potential for further advancement in Argo's enterprise risk management (ERM) programme and progress in the company's strategic initiatives that result in improved underwriting earnings.   20 August 2018
Insurance
Ascot has revised its 2018 business plan to anticipate an increase in gross written premium of 23 percent against its original 2018 Plan – because of expected rate increases following heavy cat losses in the third quarter of this year.   15 November 2017
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
RFIB Group, a Lloyd’s re/insurance broker, has appointed Paul Leith-Smith, Giles Penfold and Will Hawkins to its newly formed south-east Asia marine cargo team.   7 November 2016
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
Insurance
Ace has appointed James Langdon, the Lloyd’s Market manager for energy within Ace global markets, as global head of upstream energy.   19 January 2015

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