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Insurance
The US National Flood Insurance Program (NFIP) has received more than 87,000 claims and incurred more than $819 million in losses as of September 26, according to data provider Verisk Analytics. 5 October 2017
Insurance
Global insurance broking and risk management firm Marsh has appointed Maureen Robertson as head of its Glasgow office, and Martin McKenna as regional sales leader, Scotland. 5 October 2017
Insurance
The Chartered Insurance Institute (CII) has appointed Melissa Collett as its new professional standards director, leading its professional standards, ethics and conduct activity as a united profession. 5 October 2017
Insurance
As the frequency and severity of risks is increasing across the globe, the ripple effects of such events will be far-reaching in this highly interdependent world. 1 October 2017
Insurance
The way in which insurance companies operate is the polar opposite of Generation Y (millennials), a generation synonymous with technology and social media. 22 September 2017
Insurance
Lloyd’s is exploring the possibility of issuing insurance-linked securities (ILS) using new regulations that will allow them to be issued from the UK to protect the market, Inga Beale, chief executive of Lloyd’s, told Monte Carlo Today. 13 September 2017
Insurance
As insurance-linked securities (ILS) become increasingly attractive to investors, there is an opportunity to support both emerging and existing lines of business if the right product is in place, Michael Krefta, CEO of Hiscox Re & ILS, told Monte Carlo Today. 13 September 2017
Insurance
UK law firm Bond Dickinson is to combine with Womble, Carlyle, Sandridge & Rice, which is mainly based in North and South Carolina in the US. 13 September 2017
Insurance
Some insurers are implementing only the minimum data protection standards as required in a jurisdiction—but this approach will cause problems for them, according to Darren Wray, CEO of consultancy firm Fifth Step. 13 September 2017
Insurance
Reinsurers providing the National Flood Insurance Program (NFIP) with flood reinsurance protection could suffer a total loss given the magnitude of Harvey flooding, Fitch said on Aug. 30. 31 August 2017
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