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Specialty re/insurer MS Amlin has established a new Bermuda-domiciled special purpose reinsurer and raised some $55 million from third party investors to back the venture. 8 January 2018
Insurance
The US Federal Emergency Management Agency (FEMA) has increased the amount of reinsurance coverage protecting the National Flood Insurance Program (NFIP) by almost 40 percent. 8 January 2018
Insurance
Bermuda-based Everest Re Group has named Jonathan Zaffino as the president and chief executive officer of the Everest Insurance division. 8 January 2018
Insurance
Re/insurer QBE North America has appointed Daniel Franzetti as chief operating officer, succeeding Bob James. 8 January 2018
Insurance
Cunningham Lindsey, the global claims management and loss adjusting firm, has appointed David Seng as chief executive for its Singapore business. 8 January 2018
Insurance
eReinsure.com, now part of AmWINS Group, will now offer blockchain service linked to its proven reinsurance platform. 8 January 2018
Insurance
Xceedance, a provider of insurance consulting, managed services, technology, and data sciences, has named Travis MacMillian as the company’s chief business officer. 8 January 2018
Insurance
Bermuda-based PartnerRe has appointed Charles Goldie, formerly CEO of specialty lines, as CEO of property/casualty, following the retirement of Tad Walker who previously held that role. 4 January 2018
Insurance
The insurance industry in the US will see overall benefits from the reduced corporate tax rate as a result of The Tax Cuts and Jobs Act, once it is signed into law; however, partially offsetting the benefits are certain revenue enhancements that will impact life and property/casualty (P/C) companies. 22 December 2017
Insurance
SmarterSafer, a national coalition of environmental groups and insurance interests, has urged US lawmakers to find a long term and sustainable solution for the National Flood Insurance Program (NFIP) rather than allowing short-term extensions. 22 December 2017
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