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The General Insurance Association of Japan (GIAJ) has reported that the total amount of claims paid relating to the Kumamoto Earthquake, as of May 16, is ¥180.1 billion ($1.6 billion). 31 May 2016
Insurance
2021 has been a year of milestones for the legacy market. DARAG group CEO Tom Booth spoke to Intelligent Insurer about some of them. 21 December 2021
Insurance
American International Group (AIG) is expecting natural catastrophes to cost the insurer between $750 and $800 million pre-tax in the fourth quarter of 2018, CEO Brian Duperreault said during a Dec. 5 Goldman Sachs US Financial Services Conference. 6 December 2018
News
Reinsurers and cedants have been adversely impacted by consolidation among reinsurance brokers – making this a good moment for a new player to launch. That is the argument of Charlie Love, the newly appointed chief financial officer of Augment, launched in July, who also promises the broker will innovate and help clients unlock trapped value. 4 August 2023
Insurance
Its goal is ‘to educate the entire insurance industry on the coworking and flex industry’. 8 April 2021
Insurance
A balanced and proportional regulatory framework for new and evolving technologies is vital to enable its widespread use, according to the authors of a report by the International Underwriting Association. 22 April 2022
Insurance
The Bermuda-based company says it is one of the first "substantial" re/insurers of the Class of 2020. 26 February 2021
Insurance
The executives will serve on its audit, compensation and risk committees. 26 February 2021
Insurance
Global reinsurance pricing is “a firming market” rather than a hard one, according to S&P Global, which suggested that “green shoots” could be on the way for reinsurers in 2019. 7 June 2019
Insurance
California-based Alliant has acquired SES Insurance Brokerage Services to expand its managing general agent (MGA) division Alliant Specialty Insurance Services (ASIS). 6 April 2017
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