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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
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
Lawyer Clive O'Connell, partner in Goldberg Segalla and a well-known figure in the re/insurance industry, has been fired with immediate effect after comments he made about rival fans in the aftermath of a football match went viral. 9 November 2015
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
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
The International Cooperative and Mutual Insurance Federation (ICMIF) will partner with Uplift India Association to enable over 200,000 microinsurance policies to be issued in India in the next five years, providing coverage to half a million low-income people in the country. 23 August 2016
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
Private equity firm LeapFrog Investments has acquired a majority stake in East African general insurer Resolution Insurance for KSh1.68 billion ($18.7 million). 21 November 2014
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
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