News
Insurance
Difficulty in resolving disputes over pandemic business interruption payouts has led the FCA to bring a group of representative examples in front of the UK High Court to secure an industry-wide resolution. Intelligent Insurer reports. 2 June 2020
Insurance
Data is vital to the digital economy and to the digital transformation of industries such as insurance. When it is managed well it can add value, create a competitive advantage, improve customer and employee relationships and lead to increased profitability. The inverse of these benefits can lead to lost customer relationships, reduced employee retention, and lower levels of sales and profitability. 18 September 2021
Insurance
HDI Global Specialty SE, a new specialty lines insurer created from merging the specialty lines activities of Hannover Re and HDI Global, has recruited Martin Jackson as head of aviation and space, replacing Tim Slade. 20 May 2019
Insurance
The prospect of higher interest rates may curb refinancing activity. 22 November 2019
Insurance
Specialist insurer Markel International has hired Tom Simpson as war and terrorism underwriter from AXIS. 6 August 2018
Insurance
The ‘mammoth’ markets of China and India are evolving at a phenomenal pace. 3 November 2020
Insurance
Europeans are spending more on insurance, according to the latest key facts publication from trade body Insurance Europe (IE). 2 October 2019
Insurance
Bermuda-based Syncora Holdings has entered into an agreement to sell its New York financial guarantee insurance subsidiary to Star Insurance Holdings, a part of GoldenTree Asset Management, for $392.5 million in cash. 16 August 2019
Insurance
Canadian property and casualty insurer Intact Financial Corporation has entered into a definitive agreement with Princeton Holdings to acquire The Guarantee Company of North America, a specialty lines insurer in Canada and the US, and Frank Cowan Company, a managing general agent (MGA) focused on specialty insurance, for approximately C$1 billion ($750 million) in cash. 16 August 2019
Insurance
Bermuda specialty re/insurer Sompo International Holdings is expanding its cyber insurance capabilities in the US by creating a dedicated US team focused on cyber offerings, an enhanced cyber and professional liability product, and an expanded suite of cyber risk management services. 11 December 2018
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