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Insurance
The US congress has passed a short-term extension to the National Flood Insurance Program (NFIP) until July 31. 26 March 2018
Insurance
Broker Willis Towers Watson has appointed Simon Weaver as the leader of corporate risk & broking (CRB) for Asia and Australasia to accelerate growth in the region. 26 March 2018
Alternative Risk Transfer
Peak Re has completed the renewal of its Lion Rock Re II sidecar. The success of this transaction, and its predecessor the year before, is a taste of things to come, says Peak Re’s Lawrence Cheng. 27 February 2020
Insurance
After experiencing 18 months of above average industry losses, Swiss Re expects that ILS investors will want to see rates harden in 2019, especially for loss-impacted tranches. 20 February 2019
Insurance
Austria-based Vienna Insurance Group (VIG) has grown premiums and profit in 2017 driven by its focus on Central and Eastern Europe (CEE), according to a company statement. 23 March 2018
Insurance
Bermuda-based AXIS Capital Holdings has agreed to pay departing chief financial officer (CFO) Joseph Henry a fee of $1.2 million for advisory services in 2018. 15 December 2017
Insurance
Munich Re sees parallels between pandemic and mega cyber event in terms of contract wording clarity. 20 October 2020
Insurance
XL Group and Cobalt Underwriting, the specialist Shariah compliant managing general agency, have launched the first Shariah compliant product available through Lloyd’s. 13 April 2015
Alternative Risk Transfer
New risk transfer products using structures underpinned by the capital markets and particularly the insurance-linked securities (ILS) community have represented the industry’s key source of innovation in recent years, Brian Secrett, chief underwriting officer at Tokio Millennium Re (TMR), told Baden-Baden Today. 24 October 2018
Insurance
Randall & Quilter (R&Q), the insurance services and investment company, has failed to complete the sale of its managing general agent, Synergy to Hiscox, but has signed over its marine services to the insurer. 3 March 2015
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