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Florence losses likely to be largely retained by insurers: Moody’s
Insurance
Losses from Hurricane Florence will be largely retained by property/casualty insurers only “dampening” their third quarter earnings. Only reinsurers and ILS funds with low attachment points may find themselves subject to claims, according to a report by Moody’s, which also predicted no cat bonds would be triggered.   17 September 2018
Fitch moves US P&C outlook to stable after rebound
Insurance
Fitch Ratings has revised the sector outlook for US property and casualty (P&C) insurers to stable from negative.   4 December 2018
Insurance
Lobby group Insurance Europe has responded to a European Commission call for evidence on the operation of collective redress arrangements in the European Union.   21 August 2017
Insurance
Copenhagen-based specialty non-life insurer Gefion has closed a private placement of €10 million Solvency II-compliant subordinated notes, with funds managed by Fermat Capital Management.   25 July 2017
Insurance
Brit, the global specialty insurer, has launched ‘Pay or Explain’, which it claims is first product to be able to offer a definitive timescale to respond to an insurance claim.   11 February 2016
Insurance
Intelligent Insurer’s regular ranking of a selection of independent London market brokers shows that most of the biggest players continue to see growth—but not all of them, and profits are another matter again.   24 October 2016
Insurance
Joint War Committee cites ‘high-profile enterprise’ driven by humanitarian concerns.   26 July 2022
Insurance
American International Group (AIG) has placed the first Shariah-compliant insurance policy in the Middle East and North Africa region (MENA) for merger and acquisitions activity.   14 September 2017
Insurance
UK terrorism mutual reinsurer Pool Re has received Parliamentary approval to cover non-damage business interruption losses in the wake of a terrorist attack.   13 February 2019
Insurance
Atlanta-based Crawford & Company, a provider of claims management solutions, has named Roberto McQuattie as regional head, Latin America to oversee operations across its network of 15 offices in the region.   18 August 2017

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