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Insurance
The Nature Conservancy and the state government of Quintana Roo in Mexico have created a “Coastal Zone Management Trust” which will finance the first-ever parametric insurance policy covering a coral reef and the beach sand against the impact of hurricanes. 12 March 2018
Insurance
Qatar Re has expanded its underwriting presence in Dubai after appointing Manik Kak as senior executive officer (SEO), Tejal Bartlett as regional head of energy and Manik Sethi as regional head of marine. 15 July 2016
Insurance
The sale of specialty re/insurer Canopius by Sompo Japan Nipponkoa Insurance to a private equity consortium led by Centerbridge Partners has been completed. 9 March 2018
Insurance
The abundance of alternative capacity that has entered the reinsurance industry in recent years will stay and may well prove of significant benefit to buyers. 12 June 2013
Insurance
Property/casualty insurer Chubb said on Oct. 26 that it reported a net loss for the third quarter of $70 million after recording pre-tax catastrophe losses, net of reinsurance and including reinstatement premiums, of $1.89 billion in the quarter. 27 October 2017
Insurance
The insured property market loss for tropical storm Debbie, the strongest tropical cyclone in the Australian region since Cyclone Quang in 2015, has reached A$1.658 billion ($1.3 billion), according to PERILS. 28 September 2017
Insurance
Insured losses from natural disasters in the first half of 2018 are estimated at $21 billion, 40 percent lower than the 10-year average of $35 billion, according to Aon’s Global Catastrophe Recap: First Half of 2018 report. 25 July 2018
Insurance
Connected home insurer Neos said that it secured £5 million in series A investment from Aviva Ventures and backing from Munich Re. 26 May 2017
News
SCOR Global P&C will be organised around three business units plus transverse functions, which will all cooperate for clients’ benefit, according to a corporate presentation. 5 September 2018
Insurance
Insurer Chubb has made two key appointments to its accident & health senior leadership team in Continental Europe and the UK&I. 10 January 2018
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