News
Insurance
Louisiana-headquartered Fidelis Group Holdings (FGH) has hired Mark Taylor as senior manager of its claims division. 16 July 2019
Insurance
The Ethiopian Airlines crash on the 10 March 2019, and the subsequent worldwide grounding of the Boeing 737 Max fleet, “could cost aviation insurers over $1bn combined”, the broker AJ Gallagher has estimated. 16 July 2019
Insurance
UK insurers will be “hugely disappointed” as the injury damages rate, the Ogden discount rate, was set at minus 0.25 percent today to come into force on August 5, 2019. 15 July 2019
Insurance
AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has launched a Series B investment round to fuel its expansion plans. 15 July 2019
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
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
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Rating agency Moody's has withdrawn the Baa1 insurance financial strength rating of Genworth Financial Mortgage Insurance (Genworth Australia) due to "insufficient information". 15 July 2019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
Fannie Mae, the US government-backed financial institution that provides liquidity to the US mortgage markets by buying mortgages from lenders, has completed two new front-end credit insurance risk transfer (CIRT) deals. 12 July 2019
Insurance
Bahrain’s status as the re/insurance hub in the Middle East is waning as other countries in the region have started to overtake it with newer risk based regimes, making the Arab-state’s insurance sector, historically viewed as progressive and comprehensive, look “slightly antiquated”, according to ratings firm AM Best. 10 July 2019
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