News
Insurance
US insurer FedNat Holding Company (FedNat) has reported gross catastrophe losses of $17 million, including $15.5 million from the company’s non-Florida property business in Q2 2019. 18 July 2019
Insurance
US credit rating firm Moody’s has said it expects Zurich’s earnings coverage and capital and financial leverage to be negatively affected by the insurer’s announcement that it will show some $100 million of operating losses in its general business for its fourth-quarter 2015 earnings. 25 January 2016
Insurance
Canada-based property and casualty re/insurance conglomerate Fairfax Financial Holdings has appointed Allied World CEO Scott Carmilani in a new role that it hopes will help promote organic growth and collaboration initiatives across its global operations. 18 July 2019
Insurance
Reduced appetite for high risk exposures in standard market will continue to impact E&S market. 3 February 2020
Insurance
The Association of British Insurers (ABI) is welcoming the prospect of a Brexit deal that includes a regulatory equivalence regime for financial services with the EU enabling mutual market access. 23 November 2018
Insurance
US-based global insurance broker AmWINS Group has hired industry veteran Robert Petrilli as president of the firm’s underwriting division. 7 August 2018
Insurance
It has always been a volatile region, but there’s still massive scope for growth in South and Central America. After being hit hard by COVID-19, it’s still too early to say that Latin America won’t face further setbacks, according to panellists on a recent session of the Re/insurance Lounge. 8 July 2021
Insurance
Lorega, a UK managing general agent (MGA), and Agenci, a cyber security consultancy, have been awarded insurance product of the year at the Cyber Security Awards. 1 July 2016
Insurance
Following the difficult years of 2017 to 2019, which were dominated by extreme hurricanes, earthquakes, wildfires, typhoons and winter storm events, 25 insurance-linked securities (ILS) bonds are expected to be impaired in the 12-month period to June 30. 11 September 2019
Insurance
Xceedance, the managed services and technology company, has teamed up with Oasis Loss Modelling Framework (Oasis LMF) to provide on-demand catastrophe modelling. 11 September 2019
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