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The Federal Emergency Management Agency (FEMA) has reduced the size of its annual reinsurance placement which provides coverage for the National Flood Insurance Program (NFIP). 31 January 2019
Alternative Risk Transfer
Twelve Capital, the investment management firm with a strong focus on ILS, has appointed one of the reinsurance partners at law firm Goldberg Segalla to its UK board as a non-executive director. 22 December 2014
Insurance
American International Group has entered into several agreements with property and casualty with re/insurer Fairfax Financial Holdings, to sell to it its local commercial and consumer insurance operations in Argentina, Chile, Colombia, Uruguay, Venezuela, and Turkey. 19 October 2016
Insurance
Arthur J Gallagher (AJG) International, the UK-based international brokerage division of AJG, has expanded its presence in Chile with the acquisition of a majority shareholding in Quality Risk Management (QRM). 7 May 2015
Insurance
The explosion and subsequent blaze that hit the chemical storage facility in the port of Tianjin, China, in August, seems destined to be a big talking point at SIRC this week as re/insurers continue to grapple with the potential scale of the loses from the disaster. 2 November 2015
Insurance
Tokio Solution, the third party capital (TPC) arm of Tokio Millennium Re (TMR), has restructured its senior management as part of a wider review of TMR's TPC strategy. 12 December 2016
Insurance
The re/insurance industry has not historically been as attractive to young people as a career choice as other financial services sectors such as banking or fund management. But that is changing. As part of a wider feature available online, Intelligent Insurer speaks to 40 young executives—all under 35—who are making waves in the industry. 1 May 2015
Insurance
Broker BMS Group has hired four new executives from JLT and Price Forbes to expand its energy division. 17 September 2018
Insurance
Software Alliance Limited (SAL), which develops financial modelling platforms, has appointed Guy Shepherd as its chief executive officer. 18 August 2016
Insurance
French insurer AXA has entered into an agreement to sell its whole of market intermediary, Health and Protection Solutions, trading as The Health Insurance Group. 12 June 2018
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