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Bermuda-based re/insurer Validus Holdings has appointed Troy Fornof as vice president of underwriting and marketing, contract division, at Western World Insurance Company. 29 August 2017
Insurance
Auto insurers could be hard hit by the flooding in Texas triggered by Hurricane Harvey, according to S&P Global Ratings, which has also warned that business interruption claims could be high. 29 August 2017
Insurance
Gen Re, a Berkshire Hathaway company, has entered a strategic partnership with London-based insurtech firm iXledger (formerly InsureXTechnologies) to develop solutions for life and health insurance utilising blockchain technology. 29 August 2017
Insurance
The National Flood Insurance Program (NFIP) run by FEMA could require emergency additional funding in the aftermath of flood losses in Texas as the high losses complicate its already perilous financial position. 29 August 2017
Insurance
The board of directors of Bermuda-based insurance group White Mountains has elected Mary Choksi as a director of the company. 29 August 2017
Insurance
Aviva said on Aug. 25 that it decided to sell its entire 50 percent stake in its joint venture in Italy, Avipop Assicurazioni and its wholly owned subsidiary Avipop Vita (AV) to Banco BPM. 25 August 2017
Insurance
The Association of British Insurers (ABI) said on Aug. 24 that the prospect of owners of off-road vehicles needing insurance is unnecessary, unworkable and unfair. 24 August 2017
News
Broker JLT said on Aug. 24 that its unit JLT Philippines signed a cooperation agreement with global reinsurer Munich Re to jointly develop and offer an insurance solution to cover typhoon/tropical cyclone risks for the Philippines. 24 August 2017
Insurance
Tropical storm Harvey is slowly approaching Texas and could turn into a category 1 hurricane at landfall, data provider RMS said on Aug. 24. 24 August 2017
News
Reinsurance broker JLT Re said on Aug. 24 that it has appointed Khun Nivatvongs managing director of Thailand. 24 August 2017
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