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Insurance
The downstream insurance capacity is set to rise further in 2018 despite record losses in 2017 while rates remain subdued, according to a Willis Towers Watson report. 5 April 2018
Insurance
Willis Towers Watson has appointed Dominique Lebel to lead its insurance consulting and technology (ICT) life business for the Americas. 14 February 2018
Insurance
Ryan Specialty Group-owned SafeWaters Underwriting Managers has expanded its marine offering, backed by Aspen Insurance, to include cargo, hull & machinery, and marine liabilities coverages in the US and Latin American markets. 14 February 2018
Alternative Risk Transfer
The US Federal Emergency Management Agency (FEMA) plans to secure additional reinsurance cover for the National Flood Insurance Program (NFIP) by engaging the capital markets for the first time through an insurance-linked securities (ILS) transaction on or about July 1, 2018. 4 April 2018
Insurance
Australian insurer IAG's non-executive director Alison Deans is set to retire from the company’s board following the annual general meeting on 20 October 2017. 5 September 2017
Insurance
PERILS, the Zurich-based organisation that provides catastrophe insurance data, has released its initial loss estimate from the UK floods stemming from storms Eva and Frank in December 2015, and further low pressure systems in early January 2016. 5 February 2016
Insurance
Insurtech Bought By Many has closed a £15m Series B funding round led by CommerzVentures, the corporate venture capital arm of Germany’s Commerzbank with participation of insurance broker Marsh. 3 July 2018
Insurance
Total flood losses stemming from Hurricane Harvey could reach almost $40 billion but some 70 percent of these losses could be uninsured, according to CoreLogic, the property information and analytics provider. 1 September 2017
News
Tokio Millennium Re, the Zurich-based global reinsurer and subsidiary of Tokio Marine & Nichido Fire Insurance, has strengthened its board with the founding chief executive officer of Paris Re. 11 June 2015
Insurance
Insurtech startup Marshmallow has won a trademark case against insurance broker Marsh. 14 May 2018
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