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US underwriters need a more detailed understanding of flood risk if they are to capitalise on the growing private insurance market, according to global flood mapping specialist JBA Risk Management. 14 February 2017
Insurance
Insurance industry experts, policy makers, scientists and environmentalists gathered at Lloyd’s of London on November 29 to address the rise in nat cat events during the 2017 Atlantic hurricane season. 30 November 2017
News
VIG Re wants to expand in continental Europe as well as Asia, according to Karl Fink, chairman of the supervisory board of VIG Re. 13 April 2018
Insurance
Strategically, insurers are reducing the capital intensity of the business by focussing on health, protection, unit-linked, asset management and short-tail property/casualty (P&C) lines, according to Morgan Stanley. 13 April 2018
Insurance
The UK unit of French insurance giant AXA has partnered with pay-by-mile insurtech startup By Miles, which is launching a product aimed at motorists that drive infrequently – typically under 7,000 miles a year. 13 April 2018
Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has formed a reinsurance expert committee to review the current regulatory framework for the market. 9 May 2017
Insurance
Bermuda-based specialist global insurer Hiscox has appointed Louise Dennett to the newly-created role of director of finance change. 13 February 2017
Insurance
Ratings agency AM Best has assigned a financial strength rating of A (Excellent) with a ‘stable’ outlook to Brit Reinsurance (Bermuda), a wholly-owned subsidiary of specialty re/insurer Brit, reflecting a "very strong" balance sheet. 19 September 2019
Insurance
Swiss Re Corporate Solutions has provided the risk capacity for a so-called Solar Revenue Put, a credit enhancement that guarantees up to 95 percent of a solar project’s expected energy output, which has also been described as a new type of insurtech potentially worth billions. 15 November 2018
Insurance
Bermuda-based insurer White Mountains has appointed Reid Campbell to become its chief financial officer (CFO). He succeeds David Foy who will remain an advisor to senior management through the end of 2017. 3 May 2017
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