News
Insurance
Hurricane Florence will likely be an earnings event for the private insurance industry but the National Flood Insurance Program (NFIP) could be hit with heavy losses, potentially resulting in claims for its reinsurers for the second year in a row and its first cat bond being triggered, according to Fitch Ratings. 21 September 2018
Insurance
Plum Underwriting, a managing general agent (MGA) which is part of Global Risk Partners, has acquired the business of high net worth (HNW) specialist MGA Synergy Insurance Services (Synergy). 29 February 2016
Insurance
The UK insurance industry has expressed its concern over the Lord Chancellor’s decision to change the Ogden discount rate to -0.75 percent from 2.5 percent. 27 February 2017
Insurance
A combination of intense consolidation, a fairly buoyant economy and the entrance of Generation Y makes for a more fluid market for talent that re/insurers will have to respond to. Intelligent Insurer investigates. 29 April 2016
Insurance
UK-based Specialist consolidator Phoenix Group has appointed a new executive management team that will manage the enlarged business upon completion of the Standard Life Assurance acquisition, which is expected in Q3 2018. 26 June 2018
Insurance
Insurance holding company Houston International Insurance Group (HIIG) has agreed to acquire Capital Risk Underwriters (CRU), a managing general underwriting agency (MGU) based in Florida. 1 October 2015
Insurance
The representative body of Guernsey insurers and insurance managers, the Guernsey International Insurance Association (GIIA), has signed Memorandums of Understanding (MoU) with both the China Captive Alliance and the regional government of Kashgar. 29 June 2016
Insurance
Brokerage and risk management firm Integro Insurance Brokers has hired Carol Roberts to lead its global super yacht specialty offering, based in New York. 9 August 2017
Insurance
Broker Arthur J Gallagher and Alliant have settled a dispute over Gallagher employees hired by intermediary services provider Alliant. 19 December 2017
Insurance
Allianz Partners in the UK and Ireland have appointed Tim Tozer as their new chief executive officer. 18 June 2018
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