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Insurance
Specialist insurer Beazley has appointed Elizabeth “Libby” Benet to drive the new business and product development of the specialty treaty team’s partner solutions focus group. 19 April 2016
Insurance
The looming expiration of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is a concern for insurers with significant terrorism exposures, AM Best warned. 16 April 2018
Insurance
Ascent Underwriting, the managing general agent (MGA) specialising in emerging and professional risks, has entered the UK and Irish professional indemnity and directors and officers markets. 27 November 2014
Insurance
Megacities represent significant concentrations of exposure at risk from typhoons—with high population densities and often unregulated expansion—and efforts are needed to make them more resilient to natural disasters, Hemant Nagpal, managing director and specialist on Asia-Pacific models at RMS, told SIRC Today. 31 October 2018
Insurance
Federated National Holding Company has finalised its excess of loss catastrophe reinsurance programme for 2018-2019. 1 June 2018
Insurance
Everest Re Group’s insurance subsidiary, Everest Security Insurance Company, has entered into a definitive agreement with Arrowhead General Insurance Agency, a subsidiary of Brown & Brown. 10 April 2013
Insurance
Chinese insurers are diversifying their business and product offering, which is set to lead to higher cessions to reinsurers, Brian Secrett, chief underwriting officer at Tokio Millennium Re (TMR), told SIRC Today. 30 October 2018
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
CLARA Analytics, an artificial intelligence (AI) and data science company focused on the property/casualty and disability insurance industries, has raised $11.5 million of Series A funding round led by Oak HC/FT, a private equity fund that invests in healthcare information & services and financial services technology. 5 January 2018
Insurance
Rate increases have tapered off since the January 2018 renewal, with lower, single-digit rate increases in the June and July renewals, according to Megan McConnell, director of underwriting London at Hiscox Re & ILS. 10 September 2018
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