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Kingstone Insurance Company (KICO), a wholly-owned subsidiary of property/casualty insurer Kingstone Companies, has reduced its personal lines quota share treaty ceding percentage to 10 percent, down from 20 percent, effective July 1, 2018. 24 August 2018
Insurance
More action is required than what is pledged today; public and private sectors will play a crucial role in accelerating the transition to net zero, says Swiss Re Institute. 22 April 2021
Insurance
Recent reports highlighted the growing threat of cyber-attacks and data breaches to the energy sector, and underscore the growing need for protection, according to rating agency AM Best. 26 March 2018
Insurance
The market should brace itself for some disruption if the Terrorism Risk Insurance Act (TRIA) is not extended in 2020—and carriers should definitely assume that changes to the terrorism backstop will be made, and prepare accordingly. 21 October 2019
Insurance
Liberty Specialty Markets (LSM) has appointed Roland Heinesch as new cyber underwriter in its Zurich office, citing that the company is “seeing a real increase in demand” across the country. 16 October 2018
Insurance
Asta Capital’s newly launched managing general agent (MGA) platform, Asta Underwriting Management (AUM), has appointed Sian Fisher as non-executive director of the board, in the first of what will be a series of hires. 16 September 2015
Insurance
Last night the UK Parliament voted in favour of requesting an extension to Article 50 and consequently a delay to Brexit beyond the 29 March deadline. 15 March 2019
Insurance
Bermuda-based holding company Ascot Group (AGL) has appointed former RenaissanceRe CEO Neill Currie as its executive chairman. 28 June 2017
Insurance
Re/insurer AXA XL has appointed Dan Curran as chief underwriting officer responsible for the company's property & casualty London Market Wholesale business. 15 October 2018
Insurance
FedNat currently estimates that its aggregate gross liabilities as a result of Hurricane Florence will be $4 million based on preliminary post-landfall catastrophe model estimates. 18 September 2018
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