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
RSA has hired Martin Rueegg from AXA to be its new chief executive (CEO) of the Middle East and UAE, replacing Lloyd East who will move to RSA’s Canadian operation Johnson to become vice president of strategic operations and chief operating officer (COO). Rueegg will take up his new post in September. 22 July 2019
Insurance
The number of securities class action lawsuits has more than doubled in the past four years, but according to insurer Chubb, the beneficiaries of the payouts are not “harmed investors” but instead its lawyers bringing cases of “dubious merit”. 11 June 2019
Insurance
Focus is on generating superior returns through its MGA 15 November 2019
Insurance
Following the publication of the International Association of Insurance Supervisors consultation of the Insurance Capital Standard, the deputy director general of Insurance Europe, Olav Jones, has made comment. 19 July 2016
Insurance
Assured Guaranty US Holdings, a subsidiary of financial guaranty insurance company Assured Guaranty, has completed the acquisition of alternative asset management firm BlueMountain Capital Management. 2 October 2019
Insurance
Tens of thousands of homes are without power and sea water is sloshing through coastal streets as hurricane Florence begins lashing the US East Coast, according to a BBC News Sept. 15 report. 14 September 2018
Insurance
Broker Integro has strengthened its entertainment practice with the acquisition of London-based managing general agent (MGA) Entertainment Risk Management (ERM). 26 August 2015
article
General insurers need to reverse the decline in regulatory investment and capital expenditure on technology if they are to match life insurers’ investment plans. 6 October 2014
Alternative Risk Transfer
Re/insurer XL Catlin has announced that it is extending its structured risk solutions underwriting capabilities to the US with the addition of Aiden Joo as senior underwriter in New York. 5 June 2017
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