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Insurance
Sompo Canopius Re, the reinsurer formed last year to manage reinsurance business previously written separately by Canopius and Sompo Japan Nipponkoa Insurance, has revealed plans to enter new business lines. 14 September 2016
News
Florida Hurricane Cat Fund (FHCF) has secured approval from Florida’s State Board of Administration (SBA) to buy $1 billion of reinsurance coverage. 15 April 2015
News
The global reinsurance market is facing unfavourable conditions from a wide range of headwinds—and they could last much longer than many reinsurers feared, according to S&P Global Ratings. 11 September 2016
Insurance
Claims handling firm Cunningham Lindsey has announced the creation of a new loss adjusting, audit and review and training hub, based in Miami, from which it plans to expand the support it can offer clients across Central and South America and the Caribbean. 8 September 2015
Insurance
AM Best has announced that the financial strength rating (FSR) of A+ (Superior) of Zurich Insurance and its rated affiliates are unchanged following the announcement that Zurich American Insurance Company (ZAIC), Zurich’S US non-life subsidiary, will acquire 100 percent of Rural Community Insurance Agency (RCIA) and its wholly owned subsidiary, Rural Community Insurance Company (RCIC), together known as Rural Community Insurance Services (RCIS). 23 December 2015
Insurance
R&Q Commercial Risk Services has launched a delegated authority platform specifically aimed at independent brokers. 12 June 2015
Insurance
Guernsey ended 2015 with more than 800 international insurers, according to the Guernsey Financial Services Commission (GFSC). 10 February 2016
Insurance
The global reinsurance market is facing unfavourable conditions from a wide range of headwinds, according to rating agency Standard & Poor’s. 7 September 2016
Insurance
The recent explosions and subsequent losses in Tianjin, China, will likely be one of the biggest man-made losses ever to have occurred in Asia. 4 September 2015
Insurance
Re/insurers are making more capacity available for parametric weather coverage, which is driving prices down, according to Kurt Cripps, managing director at Aon Benfield, who said that the broker has created a panel of more than 15 carriers. 24 October 2016
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