News
Insurance
The market should brace itself for some disruption if the Terrorism Risk Insurance Act (TRIA) is not extended in 2020—and carriers should definitely assume that changes to the terrorism backstop will be made, and prepare accordingly. 21 October 2019
Insurance
Specialist trade insurance underwriter Nexus Credit Indemnity & Financial Services (CIFS), part of independent specialty managing general agent Nexus Underwriting, has appointed Ed Cornish as senior underwriter on its single situation trade credit team. 1 June 2016
Insurance
AmTrust Financial Services and National General have scrapped plans to buy part of Tower Group’s US domiciled insurance companies as part of ACP Re’s proposed takeover. 23 April 2014
Insurance
Specialist Lloyd’s insurer Beazley is partnering with other Lloyd’s insurers to offer an insurance and crisis management solution that helps mitigate reputational risk. 8 May 2019
Insurance
Dubai’s International General Insurance Holdings (IGIH) reported a 24 percent increase in profits of $31.3 million in 2013 compared with $25.3 in 2012. 18 March 2014
Insurance
£17.9m loss last year but run rate EBITDA of operating entities is up 42% 2 January 2020
Reinsurance
Reinsurance regulatory modernisation is essential, and the US should step up to the plate, says Tracey Laws, senior vice president and general counsel of the Reinsurance Association of America. 1 May 2015
Insurance
Bermuda-based specialist insurer Hiscox appointed Tom Shewry to the role of director of group finance. 20 September 2017
Insurance
Quantemplate, a provider of self-service, cloud-based automated data solutions for the re/insurance industry, has closed on more than $12 million in a recent funding round led by Route Sixty-Six Ventures and Transamerica Ventures, with participation from Anthemis Group, Allianz X, and Insight Catastrophe Group. 16 October 2019
Insurance
Artificial intelligence and machine learning that leverage large legacy, and not so legacy, data caches are set to provide improved pricing accuracy for firms merging with or acquiring others, while Latin America and Asia offer fresh conquests for acquisitive firms. Intelligent Insurer investigates. 18 February 2020
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