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Insurance
The Federal Emergency Management Agency (FEMA) has secured more than $1 billion of reinsurance coverage for the National Flood Insurance Program (NFIP) for 2017 in a deal involving some 25 reinsurers brokered by Guy Carpenter. 4 January 2017
Insurance
The US subsidiary of broker Jardine Lloyd Thompson Group (JLT) has appointed Paul Cohen as senior vice president to build its global fine art, jewellery and specie practice, based in Orange County, California. 4 January 2017
Insurance
JLT Re has acquired Florida-based Risk & Re-Insurance Solutions (RRiSC), a reinsurance intermediary specialising in casualty treaty business, in a deal that expands its treaty business in the Latin American region. 4 January 2017
Insurance
Ensuring that the perspectives of London insurers are represented in Brexit negotiations has been identified as a key priority by the International Underwriting Association (IUA). 3 January 2017
Insurance
Bermuda legacy specialist Enstar has acquired the subsidiary of an auto parts manufacturer in a deal that means it takes on the liabilities associated with personal injury asbestos claims and environmental claims associated with legacy manufacturing operations as well as assets held to fund obligations related to these liabilities. 3 January 2017
Insurance
Assessing growth as a measurement of the success of a merger or acquisition is much harder than identifying whether cost-cutting and synergies have been delivered, according to Paul Schultz, CEO of Aon Securities, speaking to Intelligent Insurer on how the success—or failure—of such deals should be judged. 29 December 2016
Insurance
While the UK vote to leave the EU has shocked London with its large internationally-oriented financial services sector, it also may create some opportunities for the insurance industry. 22 December 2016
Insurance
Italian insurer Assicurazioni Generali has completed an innovative deal through the issuance of insurance-linked securities (ILS) that provides it with €225 million of protection from bond investors against the deterioration of the loss ratio of its motor third party liability portfolio. 22 December 2016
Insurance
Liberty Mutual Insurance has launched a new capital markets platform that will initially leverage the newly-formed Bermuda-based Limestone Re to offer the insurer easy access to fully-collateralised third-party reinsurance capacity. 22 December 2016
Insurance
After a spate of big deals and with consolidation in the re/insurance industry showing little sign of slowing, Intelligent Insurer examines the different ways the success—or failure—of a merger or acquisition may be judged in its aftermath. 21 December 2016
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