Insured loss from flooding in Australia nears $1.8bn: ICA
The Insurance Council of Australia (ICA) has reported that estimated insurance industry losses from damages caused by floods in Queensland,.. Read More
personal Insurance
AXA XL appoints Nancy Bewlay CEO Reinsurance
AXA XL, the commercial insurance and reinsurance operation of the global AXA Group, has appointed Nancy Bewlay as its new,.. Read More
Hannover Re benefits from significant retrocession relief in 2021
German reinsurer Hannover Re booked gross losses from natural and man-made losses of approximately €2.65 billion in 2021, but its,.. Read More
Mississippi Requires Prejudice For a Policyholder To Lose Coverage For Failure to Appear at An Examination Under Oath | Merlin Law Group
While researching the issue of late notice of a property loss in Mississippi, I came across a case involving a,.. Read More
Appropriate, knowledgeable directors vital for good governance of SPIs: Ocorian
George Jones, Managing Partner, Ocorian Law (Bermuda) Limited, believes that for a special purpose insurer (SPI) to achieve its goals,.. Read More
American Equity plans sidecars for third-party annuity reinsurance capital
American Equity Investment Life Holding Company, a US annuity insurance and investment company, is planning to establish sidecar structures to,.. Read More
ARC payout helps Madagascar with post-cyclone Batsirai reconstruction
The African Risk Capacity (ARC) has now presented the Government of Madagascar with a “symbolic” $10.7 million cheque after the,.. Read More
Pool Re 'delighted' as second cat bond receives strong investor support
Pool Re, the UK government backed mutual terrorism reinsurer, saw significant interest and appetite from the capital markets for the,.. Read More
Storms and floods see IAG utilise $95m of its aggregate reinsurance
Australian primary insurer IAG expects to incur net costs of around AUD 74 million for the storm and flooding event,.. Read More
ICA calls for greater nat cat investment as Australia flood insured loss hits $1.62bn
The Insurance Council of Australia (ICA) has reported that insurers in the country have received 107,844 claims from the severe,.. Read More
Jim Fiore joins re/insurance broker Aon from QBE
Jim Fiore, previously QBE Insurance’s Chief Reinsurance Officer, has joined insurance and reinsurance broker Aon as Chief Strategy Officer, Capital,.. Read More
