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The Insurance Regulatory and Development Authority of India (IRDAI) has formed a reinsurance expert committee to review the current regulatory framework for the market. 9 May 2017
Insurance
If Hurricane Andrew were to recur today the expected total industry insured losses, based on today's exposures, would be approximately $56 billion in the US, catastrophe risk modelling firm AIR Worldwide said on Aug. 21. 21 August 2017
Insurance
Data analytics provider Verisk Analytics said on Aug. 21 that it has signed a definitive agreement to acquire London-based software provider Sequel from HgCapital and other Sequel shareholders for a purchase price of £250 million. 21 August 2017
Insurance
Cyber insurance is increasingly becoming a growth driver for German commercial insurer HDI Global, according to CEO Christian Hinsch. 21 August 2017
Insurance
Two former insurance agents were sentenced to a combined 10 years in prison in California after being found guilty of a life insurance scheme. 2 August 2018
Insurance
QBE Insurance Australia has entered into a strategic partnership with Risk Management Institution of Australasia (RMIA). 30 June 2017
Insurance
The protection shortfalls in cyber and healthcare risks are more dramatic than for natural catastrophe risk, according to the study “Understanding and Addressing Global Insurance Protection Gaps” released by The Geneva Association. 10 April 2018
Insurance
XL Group today has further extended its support for specialist Shariah compliant managing general agency, Cobalt Underwriting, by adding fine art & specie coverage to its suite of products. 8 September 2014
Insurance
Investment management firm Invesco has appointed Ed Collinge as the head of its UK insurance team, a newly created position. 12 December 2016
Insurance
Berkshire Hathaway stayed in the black in 2018 helped by its P&C and life and health insurance divisions, but its profits were hit by new accountancy rules that Warren Buffett, its chairman, criticised. 25 February 2019
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