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SmarterSafer, a national coalition of environmental groups and insurance interests, has urged US lawmakers to find a long term and sustainable solution for the National Flood Insurance Program (NFIP) rather than allowing short-term extensions. 22 December 2017
Insurance
Zurich Insurance Group has acquired Hong Kong-based telematics business Bright Box and its subsidiaries. The insurer said it wants to increase its capabilities in connected car technologies and mobility. 22 December 2017
Insurance
In the absence of clarity as to what a future trade deal will look like between the UK and the EU, affected insurers have accelerated their plans to establish new EU subsidiaries, according to AM Best. 3 August 2018
Insurance
French chemicals producer Arkema on Aug. 31 reported two explosions and black smoke coming from its flooded plant in Crosby, Texas. 31 August 2017
Insurance
UK P&I Club, a provider of protection and indemnity insurance to the international shipping community, is set to establish a new European subsidiary in the Netherlands. 24 November 2017
Insurance
Re/insurers increasingly accept there may be little movement on rates yet again in the next renewals—and they are willing to judge lines of business on their own merits, Christopher Donelan, president and chief underwriting officer of North American reinsurance and head of global casualty at Sompo International, told PCI Today. 30 October 2018
Insurance
The re/insurance industry is facing a structural shift as a consequence of the impact of technology, but not every insurtech venture and vendor will be successful, Stefan Holzberger, chief rating officer at AM Best, told delegates at PCI yesterday. 30 October 2018
Insurance
Marsh & McLennan Companies has appointed Katherine Brennan as deputy general counsel, corporate secretary and chief compliance officer. 28 September 2017
Insurance
AXIS has revealed the timeline for it to complete its acquisition of Novae following consultation with the European Commission and other regulators. 26 September 2017
Insurance
Speciality re/insurer Brit posted solid growth in the first six months of 2017 but its profits dipped on lower investment returns and a continued softening of rates, which were 2.2 percent down overall during the period. 4 August 2017
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