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Insurance
The tentative agreement between the UK government and the insurance industry on how the risk of flooding at high risk properties will be covered has been cautiously welcomed by the industry. But some suggest the scheme is misguided.   3 July 2013
Insurance
The Federal Emergency Management Agency (FEMA) has contracted actuarial consulting firm Milliman to redesign flood insurance products across the National Flood Insurance Program (NFIP).   16 November 2017
Insurance
Allianz Risk Transfer and Nephila Capital have finalized an agreement securing another three years of risk capacity for Nephila. Under the agreement, Allianz Risk Transfer will continue to assist Nephila in its natural catastrophe and weather risk strategies, providing specialized services, such as balance sheet access, non-recourse leverage and other flexibility that will continue to benefit Nephila’s investors. Nephila said the extension enhances its ability to offer its clients a portfolio of diversified and high quality investment alternatives while continuing to diversify Allianz Risk Transfer’s business lines.   6 March 2013
Insurance
Lloyd's has strengthened its capital position through the issuance of a new £300 million 30-year Non-Call 10 subordinated bond.   31 January 2017
Insurance
More than $1.3 billion of insurtech funding was completed during the third quarter of 2018, double the figure from the previous quarter, according to Willis Towers Watson research.   20 December 2018
Alternative Risk Transfer
The ILS market has continued its spectacular growth and steady evolution to become an important part of the re/insurance toolbox, according to Paul Schultz of Aon Securities.   29 October 2018
Insurance
French insurer AXA has received $3.2 billion following the completion of its reorganisation transactions ahead of the planned initial public offering (IPO) of its US operations.   26 April 2018
Insurance
Starr Companies has restructured its casualty group and made some leadership changes to tap its underwriting expertise and risk management solutions in the liability marketplace.   14 March 2018
Insurance
Low interest rates remain a challenge for insurers—but some have innovated in an attempt to overcome this, as Chip Clark of New England Asset Management tells PCI Today.   29 October 2018
Insurance
PartnerRe has issued yet another statement purporting to correct what it calls misleading statements by Exor – this time relating to its potential ratings in the event of a sale to Exor and, specifically, the impact of such a transaction on its preferred shareholders.   25 June 2015

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