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Insurance
The House Financial Services Committee has passed several measures to reform and reauthorise the National Flood Insurance Program (NFIP), which is set to expire on September, 30, 2017. 22 June 2017
Insurance
Re/insurance broker UIB has launched a retail broking business in Colombia to be headed by Yolanda Guerra as chief executive officer. 5 April 2018
Insurance
US-based personal lines property and casualty insurer The Allstate Corporation benefitted from a decline in auto accident frequency and lower catastrophe losses in the first quarter of 2018. 2 May 2018
Insurance
Fitch Ratings sees ongoing pressure on underwriting margins and expects catastrophe claims to continue to undermine insurers’ operating stability. 21 November 2018
Insurance
Langhorne Holdings has appointed Craig Fowler as CEO of its Bermuda-based underwriting platform Langhorne Reinsurance. 7 March 2018
Insurance
German industrial lines insurer HDI Global has unveiled plans to launch a new accident & health (A&H) department for the UK and Ireland. 5 February 2018
Insurance
Specialty insurer Navigators has appointed Marina Chierici as a financial lines underwriter in its international management and professional liability division NavPro. She joins from Chubb Insurance Company of Europe. 5 March 2018
Alternative Risk Transfer
The insurance-linked securities market won’t be badly hit by the sudden surge in hurricane activity in recent weeks, according to Paul Schultz, chief executive officer at Aon Securities. 20 October 2016
Insurance
American International Group (AIG) is acquiring Ellipse, a specialist provider of group life risk protection in the UK, from Munich Re. 20 June 2018
Insurance
Australia’s QBE has warned the markets that it expects to report a full year 2017 after tax loss of around $1.2 billion due to catastrophe losses, reserve strengthening and write-downs. 23 January 2018
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