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A new alliance aimed at building resilience to ocean risk through innovative solutions has been launched at the UN Climate Action Summit, which is a collaborative initiative between the insurance and finance sectors, governments and environmental civil society organisations. 20 September 2019
Insurance
Tokio Marine Group is transferring its existing portfolio of policies written out of Continental European operations to its newly established subsidiary Tokio Marine Europe (TME) in Luxembourg in preparation for Brexit. 19 November 2018
Insurance
CFC Underwriting, a specialist insurance provider and Lloyd's managing general agent (MGA), has recruited Hiscox's Jonathan Fletcher as chief technology officer (CTO). 25 February 2019
Insurance
Bermuda-based specialist insurer Hiscox has launched a cyber training centre to help its cyber insurance customers worldwide mitigate and manage their cyber risks. 25 April 2018
Insurance
Risk Management Solutions (RMS) alongside re:focus partners, Swiss Re, and The Rockefeller Foundation, has revealed the framework for a new financial product it has called a ‘resilience bond.’ 10 December 2015
Insurance
The total financial cost, including business interruption, of Storm Emma, which affected a large area of Europe during the second half of February, could reach hundreds of millions dollars – though the figure will very likely be higher, with a high volume of filed insurance claims reported. 9 March 2018
Insurance
French insurer AXA Group has unveiled a new entity, AXA Next, dedicated to build new services and business models beyond insurance. Each year, it will invest €200 million in its innovation vehicle. 29 January 2019
Insurance
Law firm Clyde & Co has appointed lawyer Ernie Van Der Vyver as a partner in the firm’s Johannesburg office to strengthen its South African presence in the insurance market. 2 September 2015
Insurance
Arch Insurance Europe has finalised its acquisition of the UK commercial lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment. 2 January 2019
Insurance
The loss estimate for extratropical cyclone Burglind, also known as Eleanor, was lifted to €724 million by insurance data provider PERILS. 2 July 2018
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