News
Alternative Risk Transfer
The Federal Emergency Management Agency (FEMA) has secured $500 million in reinsurance for its National Flood Insurance Program (NFIP) through capital markets. 1 August 2018
Insurance
Berlin-based artificial intelligence (AI) powered insurtech start-up omni:us has closed its Series A funding round and secured a total investment of $22.5 million. 30 October 2018
Insurance
MAPFRE Economic Research predicts faster growth returning in 2021. 31 January 2020
Insurance
Re/insurer QBE has announced that its post-Brexit restructuring plans were heard at the High Court, ensuring continuity of service for its customers across the European Union. 10 September 2018
Insurance
Assurant said on Sept. 11 that it expects pre-tax losses from Hurricane Irma to exceed its retention of $125 million pre-tax but that they will remain within the company’s comprehensive reinsurance program. 12 September 2017
Insurance
Against a backdrop of high expense ratios, attritional losses and underperforming business, the Lloyd’s market had its worst year in 2017 since the 1990s, according to Stonybook Capital’s first edition ‘Property & Casualty Insurance Review’. 10 September 2018
Insurance
Broker Willis Towers Watson has recruited three senior executives from Marsh & McLennan to lead its expansion into the Canadian financial institutions (FI) market. 18 July 2019
Insurance
With implementation of the European General Data Protection Regulation looming, companies could be faced with hefty penalties should they not meet the new data security demands. Many firms are unprepared but there is also the possibility the fines could be insured, meaning this is now a double-edged sword for insurers. Intelligent Insurer investigates. 27 July 2017
Insurance
‘We now expect to surpass our initial profit and revenue targets overall for 2019’. 7 November 2019
Insurance
A change is occurring in the type of companies interested in buying cyber protection, according to Jimaan Sane, underwriter, international cyber and tech at the Beazley Group. 5 June 2019
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