News
Insurance
Zurich Australia’s executive general manager Bobby Lehane has left the company. 22 July 2014
Insurance
Insurtech firms raised a record $3 billion in new funding in the first half of 2019, with developments such as usage-based insurance boosting demand in the sector, with European companies attracting the lion's share. 13 September 2019
Insurance
There are 775,654 US homes at extreme risk of wildfire, according to CoreLogic analysts. 13 September 2019
Reinsurance
Reinsurance regulatory modernisation is essential, and the US should step up to the plate, says Tracey Laws, senior vice president and general counsel of the Reinsurance Association of America. 1 May 2015
Insurance
Specialist trade insurance underwriter Nexus Credit Indemnity & Financial Services (CIFS), part of independent specialty managing general agent Nexus Underwriting, has appointed Ed Cornish as senior underwriter on its single situation trade credit team. 1 June 2016
Insurance
Munich Reinsurance America has appointed Michael Kerner as CEO for Munich Re Specialty Insurance, a new commercial insurance unit in North America. 17 December 2018
Insurance
AmTrust Financial Services and National General have scrapped plans to buy part of Tower Group’s US domiciled insurance companies as part of ACP Re’s proposed takeover. 23 April 2014
Insurance
SCOR’s MutRé acquisition has resulted in a mark-up of the value of the investment by €26 million in the first quarter of 2018, allowing the reinsurer to beat the analysts’ consensus by 24 percent, according to a Jefferies analyst note. 30 April 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
Dubai’s International General Insurance Holdings (IGIH) reported a 24 percent increase in profits of $31.3 million in 2013 compared with $25.3 in 2012. 18 March 2014
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