News
Insurance
Nasdaq has warned reinsurer Maiden Holdings that it has failed to meet the stock market’s continued listing requirements and that it risks potentially being delisted. 23 April 2019
Insurance
Broker Marsh & McLennan Companies (MMC) is merging the Latin American facultative reinsurance operations of its wholly owned subsidiaries Marsh and Guy Carpenter with that of Jardine Lloyd Thompson Group (JLT). The combined business will be known as Carpenter Marsh Fac Re. 23 April 2019
Insurance
Insurance losses from a hailstorm that hit suburban Sydney and regional communities in New South Wales on 20 December 2018 have grown to A$1.271 billion (US$915 million), the latest figures from the Insurance Council of Australia (ICA) have revealed. 18 April 2019
Insurance
Property insurance losses for the ‘Dragi-Eberhard’ winter storms that swept through Europe in March 2019 are initially estimated to be €740m, according to Perils, the Zurich-based data provider. 18 April 2019
Insurance
Lloyd's insurance broker and coverholder Shepherd Compello is launching a new subsidiary in Assen, the Netherlands to support its growth plans across Europe, and ensure business continuity amid the ongoing Brexit uncertainty. 16 April 2019
Insurance
Zurich Insurance Group and insurtech start-up CoverWallet have expanded their insurance platform for small and medium-enterprise (SMEs) to Switzerland — the second European country after Spain to implement the innovative model. 11 April 2019
Insurance
Global specialty re/insurer MS Amlin has partnered with a clinical psychologist to raise awareness of mental health at work and support World Health Day. 10 April 2019
Insurance
Floods around the world cost the global economy $8 billion in March 2019, according to the Aon Global Catastrophe Recap report. 10 April 2019
Insurance
Specialty insurance group Tokio Marine HCC has sold its bail bond operations to what it calls "a prominent player in the industry" as it exits the business in the US. 10 April 2019
Insurance
Berlin-based Next Big Thing (NBT), a startup incubator for the internet of things (IoT) services and blockchain technology, has raised €12 million in funding led by Talanx group's industrial insurer HDI Global. 10 April 2019
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