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Insurance
Roy Wright has resigned as the chief executive of Federal Emergency Management Agency‘s (FEMA's) National Flood Insurance Program (NFIP) to lead the Insurance Institute for Business & Home Safety (IBHS). 6 April 2018
Insurance
Specialist insurer Markel International has restructured the leadership of its trade credit, political risk and surety business lines. 6 April 2018
Insurance
Rongfeng Holding Group and a related party plan to acquire a majority stake in National Bank Of Greece's insurance unit Ethniki Hellenic General Insurance, according to a Reuters Feb. 12 report. 12 February 2018
Insurance
Germany-based insurance group Allianz is consolidating its European direct business by establishing a new pan-European risk carrier and has appointed Bart Schlatmann CEO of this operation. 31 August 2018
Insurance
Insurers are preparing for a surge in demand for cyber cover in personal lines as the awareness of the risk grows in the population and cybercrime cases jump. 16 June 2017
Alternative Risk Transfer
AXA XL, the property/casualty (P&C) and specialty risk division of the AXA group, is looking to grow the use of ILS to de-risk its portfolio in a strategy that should ultimately be expanded to include the whole group, Greg Hendrick, CEO of AXA XL, suggested during a Nov. 28 press conference. 28 November 2018
Insurance
Internet-only insurer ZhongAn Online Property & Casualty Insurance priced its initial public offering (IPO) at the top of an indicated range, raising $1.5 billion in Hong Kong, Reuters reported on Sept. 22. 22 September 2017
Insurance
The UK government has appointed data analytics and telematics firm Floow to advise on a project to help motorists and the insurance sector “embrace new technologies” to reduce incidents on UK roads and make car insurance “smarter”. 19 February 2019
Insurance
A dramatic surge in cybercrime and an increasing awareness of the risk among the population has reassured the industry that cyber insurance will develop into an important area in personal lines insurance. 15 June 2017
Insurance
Munich Re has agreed to purchase an additional 11 percent of the shares in Global Aerospace Underwriting Managers, taking its stake to 51 percent. 15 December 2017
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