Re/insurance broker Miller has hired Ian Curtin to lead its energy construction team.
Managing general agents (MGA) showed optimism about the sector’s growth potential in the latest MGAA Matters survey conducted by the Managing General Agents’ Association (MGAA) with over 57 percent saying they expected the number of specialist and niche MGAs would increase.
Insurtech is helping commercial insurers better analyse and reduce risk, lowering the premium but adding service fees while transforming the insurance offering in the segment.
The Federal Emergency Management Administration (FEMA) will launch a cat bond to transfer risk from the National Flood Insurance Program (NFIP) to the capital markets through Flood Smart Re, a Bermuda-domiciled insurance vehicle.
American International Group (AIG) could potentially free up between $2 and $5 billion capital through the legacy portfolio transferred to DSA Re, a wholly-owned Bermuda-based reinsurer formed in February, 2018, according to Morgan Stanley research.
Tokio Marine HCC has bolstered its management structure with several promotions within the specialty group that provides insurance products for the sports, entertainment and travel industries.
QBE North America, a specialist insurer and an operating division of Australia-based QBE Insurance Group, has partnered with AmWINS Program Underwriters (APU) to offer errors and omissions (E&O) coverage for architects, engineers and design (A&E) businesses.
Specialist insurer Beazley has launched the Beazley Global Lawyers Consortium to provide professional indemnity insurance to large law firms based in the UK.
AXA Group's specialist run-off acquirer and manager has acquired a majority stake in Emirates Re.
Specialist re/insurance broker THB has revealed key leadership changes at its European division based in Amsterdam.