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Sompo Holdings plans to enter the cyber security business from January 2018, and is setting up new business units to strengthen its functions.   29 November 2017
US Congress extends NFIP till November
Insurance
The US Congress has enacted a short-term extension to the National Flood Insurance Program (NFIP) through November, preventing the programme to lapse during peak hurricane season.   26 July 2018
Reshuffle at RSA as it refocuses commercial business
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
Buyers are seeking hard answers and assurances from carriers in relation to any potential fallout from the UK’s departure from the EU, Steve Hearn, group chief executive officer of broker Ed, told Monte Carlo Today.   12 September 2018
News
Pimco, the US-based asset management subsidiary of insurer Allianz, has launched a new property and casualty insurance-linked securities (ILS) business.   25 January 2019
Insurance
Xchanging, the business technology and services provider, and Total Objects, its recently acquired specialist insurance and software provider, have launched a new service called BinderCloud 360, targeted at the London Insurance Market, for all stakeholders involved in the processing of delegated underwriting authorities.   15 May 2015
Insurance
Global estimated cargo premium fell 6 percent year on year to $15 billion in 2016, a further 9 percent decline since 2014, according to the International Union of Marine Insurance (IUMI).   18 September 2017
Insurance
The reinsurance market could see the vertiginous market pricing cycles of the past replaced with a much smoother ride, Charles Goldie, chief executive officer of property & casualty at PartnerRe, told PCI Today.   28 October 2018
News
Specialty insurer MS Amlin has joined Flood Re, the UK Government-backed scheme that covers severe flooding.   15 February 2017
Insurance
Trade bodies have welcomed the news that the US intends to sign a covered agreement with the European Union noting that it provides certainty for reinsurers on both sides of the Atlantic.   17 July 2017

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