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Hurricane Barry downgraded amid flooding, property damage and power outages
Insurance
Flooding hit Louisiana and parts of Mississippi on Sunday 14 July after Hurricane Barry came ashore on Saturday 13 July bringing intense rain.   15 July 2019
Mercer strikes five-year longevity risk partnership with Club Vita
Insurance
Mercer, a wholly-owned subsidiary of Marsh & McLennan Companies, has entered into a five-year partnership with longevity analytics firm Club Vita.   15 July 2019
Moody's withdraws financial strength rating of Genworth Australia
Insurance
Rating agency Moody's has withdrawn the Baa1 insurance financial strength rating of Genworth Financial Mortgage Insurance (Genworth Australia) due to "insufficient information".   15 July 2019
Insurance
Parametric insurance and smart contracts technology could help insurers increase efficiency and improve customer experience, finds new reports by insurance and reinsurance marketplace Lloyd’s of London.   15 July 2019
Insurance
Now seems to be a great time to be running an MGA – but are there downsides? And what is the future for the sector? We asked five MGAs some questions around their confidence, concerns and goals—and their opinions on technology in our virtual roundtable.   12 July 2019
Insurance
Specialist re/insurer Hiscox expects to deliver between $150 million and $170 million in profit before tax in its 2019 half year results, despite a “significant” and “continued deterioration” in the insurance market caused by 2018 catastrophe events such as Typhoon Jebi in Japan and Hurricane Michael in Florida.   12 July 2019
Insurance
Lloyd’s of London has received "widespread backing" from its market participants and stakeholders on its recently-launched strategic plan of transformational initiatives, including simplifying market access and lowering costs, to ensure the 333-year-old marketplace can thrive in an increasingly challenging environment.   12 July 2019
Insurance
French reinsurer SCOR SE has entered into a new liquidity contract with Exane, following changes in the regulations relating to liquidity agreements.   12 July 2019
Insurance
The Association of British Insurers (ABI) has appointed Allianz Insurance chief executive Jon Dye as its new chairman, replacing Amanda Blanc who resigned last week.   12 July 2019
Insurance
General insurer (GI) Uinsure has launched a ‘zero questions asked’ quote platform for UK home insurance in partnership with big data ‘supermarket’ insurtech WhenFresh.   12 July 2019

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