News
News
The Federal Emergency Management Agency (FEMA) has reduced the size of its annual reinsurance placement which provides coverage for the National Flood Insurance Program (NFIP). 31 January 2019
Insurance
Positive prospects for the global economy in 2018 are going to boost the marine insurance business, according to International Union of Marine Insurance (IUMI) president Dieter Berg. 13 March 2018
Insurance
Australia’s insurer Suncorp has reported natural hazards of A$395 million ($313.9 million) between July and December 2016, which is A$65 million above the allowance for the period, driven primarily by the Victorian hail storm. 15 February 2018
Insurance
Liberty Mutual Holding Company (LMHC) more than doubled profits year on year in the first quarter of 2018 on lower natural catastrophe costs. 3 May 2018
Insurance
Arthur J Gallagher (AJG) International, the UK-based international brokerage division of AJG, has expanded its presence in Chile with the acquisition of a majority shareholding in Quality Risk Management (QRM). 7 May 2015
Insurance
The insured property market losses from extratropical cyclone Zeus, which primarily affected France on 6 and 7 March 2017, has reached €272 million, according to Zurich-based catastrophe insurance data provider PERILS. 6 March 2018
Insurance
An initial public offering (IPO) of the UK closed life book business ReAssure would be credit positive for Swiss Re because it would reduce the group’s exposure to credit and market risk, according to Moody’s. 7 August 2018
Insurance
Pioneer Underwriters is introducing a product covering the specific cyber risk exposure of investment managers. 18 January 2018
Insurance
German mobile bank N26 said on June 26 that it is expanding its services and products to include insurance in its offering. 26 June 2017
Insurance
The Abu Dhabi Investment Authority (ADIA) is acquiring up to 21.4 percent in Pension Insurance Corporation Group from funds advised by private equity firm JC Flowers. 20 June 2018
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