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Everyone is hoping that the outbreak of COVID-19 will be contained as swiftly as possible, with many countries advising precautionary measures, such as lockdown, for a minimum of 12 weeks to protect the vulnerable. The re/insurance industry can expect to feel the effects of this pandemic well beyond that. Intelligent Insurer reports. 30 March 2020
Insurance
Steel City Re is one of the few companies that has attempted to quantify this intangible asset. 12 October 2020
Insurance
Nearly three-quarters of respondents to an online Intelligent Insurer renewals survey expect the market to harden in the coming renewals season, with 53 percent of respondents expecting it to harden a little and 19 percent expecting it to harden substantially. 8 September 2019
Insurance
Ratings agency AM Best has announced that Manuel Agustin Calderón de las Heras has resigned from his position as managing director to "pursue other opportunities". 18 August 2017
Insurance
North American insurance buyers can expect non-catastrophe-exposed programmes’ pricing to be flat to +5 percent, according to Willis Towers Watson’ Property Market Update. 15 February 2018
Insurance
The National Flood Insurance Program (NFIP) will expire on March 23, 2018 for the third time this year if Congress fails to act and a lapse in the debt-ridden programme may disrupt the national housing market and leave countless homeowners in harm’s way if a severe storm strikes, stakeholder coalition SmarterSafer has warned. 16 March 2018
Insurance
UK-based RSA Group has appointed Geoff Jones as director of its specialty and wholesale unit, part of its global risk solutions (GRS) business. 27 November 2018
News
The International General Insurance Holdings Company (IGI) has confirmed a deal with Tiberius Acquisitions Corporation, a publicly traded special purpose acquisition company, that will result in the public listing of IGI on the Nasdaq Capital Market under the symbol ‘IGIC’. 11 October 2019
Insurance
Specialty insurance group Tokio Marine HCC has hired senior Chubb and Euler Hermes executives to expand its international surety capabilities into Continental Europe. The company believes the region has experienced high demand and an increase in capacity providers in the last five years. 18 July 2019
Insurance
Munich Re has grown premium volume by 42 percent year on year to about €3.3 billion in the 1 July 2018 renewals. 8 August 2018
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