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Torrent Technologies, a Marsh company, in coordination with Torrent’s Write-Your-Own (WYO) carriers participating in the National Flood Insurance Program (NFIP), has announced the availability of a new, automated private market primary flood insurance solution designed to be a cost-effective alternative to the NFIP. 13 May 2016
Insurance
A new generation of catastrophe models could be completely transparent to their users – heralding a seismic change in the way risk models are built and used, which could be as significant a change for the industry as when the very first cat models were built in the early 1980s. 9 June 2017
Insurance
Intense competition in Asia-Pacific means any improvement on rates is hard to achieve. These are among the conclusions of a new report, Asia-Pacific Reinsurers Should Increase Rates, But Will They? some of which are summarised here by Philip Chung of S&P Global Ratings. 31 October 2017
Insurance
Free trade environments for re/insurers are under threat from jurisdictions adopting more protectionist measures—but many such regimes may actually hurt the very economies they aim to protect. 31 October 2017
Insurance
Pen Underwriting has promoted Jennifer Martin to managing director of financial lines, taking responsibility for UK and International business across the spectrum of e-traded, individually underwritten and delegated authority solutions. 27 January 2016
News
JLT Re has boosted its cyber reinsurance capabilities with the appointment of Chris Bennett as a partner in its London and international market division. 3 June 2015
Alternative Risk Transfer
Hurricane Irma will test the infrastructure and financial wherewithal of some insurers doing business in Florida, particularly newcomers, as Chris Draghi and Michelle Baurkot of AM Best explain. 26 October 2017
Insurance
The London Market Group has launched what is believes is the first market-wide survey designed to identify existing skill gaps and gain better insight into the talent requirements of the market of the future. 27 November 2015
Insurance
Re/insurer Catlin Group has established Catlin Middle East in the Dubai International Financial Centre (DIFC). 6 June 2014
Insurance
Lancashire Holdings has reported a slide in its profit after tax for the first quarter of 2016, down to $28.3 million, compared to $5.7 million in the first quarter of 2015. 5 May 2016
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