News
Insurance
Shares in insurers and reinsurers with a high market share in Texas have been hit in the aftermath of Hurricane Harvey and the subsequent flooding in the region though analysts have also noted that re/insurers’ share prices can recover strongly in the three to six months after an event. 29 August 2017
Insurance
While several catastrophe bonds have exposure to areas affected by Hurricane Harvey, it is unlikely any bonds will be triggered by losses resulting from the hurricane, according to S&P Global Ratings. 29 August 2017
Insurance
Managing general agents have grasped the insurtech sector and are moving to support communities or individuals as a way to promote their brand and also to develop new product ranges. Here racing driver Esmee Hawkey discusses her role as Landmark Underwriting’s brand ambassador. 2 July 2019
Insurance
Bermuda-based Third Point Reinsurance has announced that John Berger, chairman of the board of directors, will be stepping down at the end of the term. 9 November 2017
Insurance
Brit’s executive chairman Mark Cloutier is stepping down from his role in December 2018 with a view to becoming Aspen CEO. 1 October 2018
Insurance
RSA Insurance Group is planning to set up a new subsidiary entity in Luxembourg as the headquarters of its existing EU branches in Belgium, France, Germany, Spain and the Netherlands. 5 June 2017
Insurance
Swiss Re is acquiring 1.1 million life insurance policies from UK financial service provider Legal & General Group for £650 million. 6 December 2017
Insurance
California is set to prohibit insurers to cancel or refuse to renew a policy based solely on the fact that the insured structure is located in the area of a declared state of emergency and forces insurers to hand over fire-related data to authorities. 30 August 2018
Insurance
Hyperion Insurance Group has purchased a controlling interest in the Asia and EMEA arms of International Planning Group (IPG), an Asian life insurance broker serving high-net-worth individuals and businesses. 7 June 2018
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
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