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Insurance
German insurance giant Allianz expanded the property/casualty (P&C) business in the second quarter while the combined ratio deteriorated. 3 August 2018
Insurance
Managing general agents (MGA) showed optimism about the sector’s growth potential in the latest MGAA Matters survey conducted by the Managing General Agents’ Association (MGAA) with over 57 percent saying they expected the number of specialist and niche MGAs would increase. 18 July 2018
Alternative Risk Transfer
The Federal Emergency Management Administration (FEMA) will launch a cat bond to transfer risk from the National Flood Insurance Program (NFIP) to the capital markets through Flood Smart Re, a Bermuda-domiciled insurance vehicle. 18 July 2018
Insurance
American International Group (AIG) could potentially free up between $2 and $5 billion capital through the legacy portfolio transferred to DSA Re, a wholly-owned Bermuda-based reinsurer formed in February, 2018, according to Morgan Stanley research. 18 July 2018
Insurance
Tokio Marine HCC has bolstered its management structure with several promotions within the specialty group that provides insurance products for the sports, entertainment and travel industries. 18 July 2018
Insurance
QBE North America, a specialist insurer and an operating division of Australia-based QBE Insurance Group, has partnered with AmWINS Program Underwriters (APU) to offer errors and omissions (E&O) coverage for architects, engineers and design (A&E) businesses. 18 July 2018
Insurance
Specialist insurer Beazley has launched the Beazley Global Lawyers Consortium to provide professional indemnity insurance to large law firms based in the UK. 18 July 2018
Insurance
Specialist re/insurance broker BMS Group has appointed Danny Gluszkiewicz as a director of its Australian operations. He joins from InterRISK Australia. 13 July 2018
Insurance
Zurich Australian Insurance, a division of Zurich Insurance Group, has appointed Tim Plant as CEO of general insurance, Australia & New Zealand. 10 July 2018
Insurance
QBE Re, the specialist reinsurance division of Australia's QBE Insurance Group, has appointed Stephen Postlewhite as deputy global chief underwriting officer. 26 June 2018
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