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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
The hailstorm that spread across part of Texas on June 6 - with baseball sized hail reported in Dallas, Tarrant, and Denton counties - is estimated to result in insured losses close to $1 billion, according to Karen Clark & Company (KCC). 12 June 2018
Insurance
Hippo, a California-based insurtech company focussed on transforming home insurance, is partnering with Spinnaker Insurance Company to expand in the US. 11 January 2018
Insurance
Hub International Limited (Hub), an insurance broker, has acquired New Dimensions Underwriters. 6 September 2016
Insurance
The chief financial officer of Swiss Re has refused to deny that the reinsurer is in talks with companies other than SoftBank in relation to selling a stake in the company. 4 May 2018
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
The Hartford Financial Services Group CEO Chris Swift is seeking acquisitions in the specialty and commercial spaces while de-emphasizing share buybacks. 30 July 2018
Insurance
The China Banking and Insurance Regulatory Commission (CBIRC) and the Insurance Authority (IA) of Hong Kong have reached an agreement to allow preferential treatment for qualified reinsurers in Hong Kong. 30 July 2018
Insurance
Specialist insurer Hiscox has appointed Eric Micheals as chief underwriting officer in the US. He replaces Nicole Goodwin, who is retiring. 10 January 2018
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
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