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Tag: protection.


News

Missouri’s C Williams Insurance Agency Joins VIAA

August 14, 2023

Via: Insurance Journal

xC Williams Insurance Agency recently joined Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois. Founded in 2023, C Williams Insurance Agency was created by owner Chad Williams. The full-service […]


Risk Management, Trends

Becoming less shock prone makes emerging Asia attractive for insurers and investors: Swiss Re

August 11, 2023

Via: Reinsurance News

Emerging Asia is becoming less shock prone, this along with enhanced economic credibility lowering long-term volatility of growth, inflation and interest rates, is making the region more attractive for insurers and investors alike, according to a recent report by the […]


Risk Management, Trends

What is the hottest topic in insurance right now?

August 10, 2023

Via: Insurance Business

The insurance industry is hyper fixated on an issue that is extremely relevant to the property sector, namely valuation. That is according to Ben Beazley (pictured), executive vice president, national accounts property at Jencap Group. “Valuation is the hottest topic […]


News

SCOR Investment Partners launches subsidiary in Switzerland

July 3, 2023

Via: Artemis BM

SCOR Investment Partners has announced the opening of a new subsidiary based in Switzerland to provide closer support to Swiss institutional investor clients and develop new opportunities in the country. SCOR Investment Partners is the asset management company of the […]


Geo-Political, Risk Management

Global Parametrics expands One Acre parametric scheme with Howden support

July 3, 2023

Via: Artemis BM

Global Parametrics, the parametric and index-based disaster risk transfer company, has partnered with broking group Howden to deliver an expansion to its parametric insurance scheme with One Acre Fund for smallholder farmers in Africa. The expansion of the parametric insurance […]


News

Texas insurance agent and former mayor pleads guilty to theft charge

June 30, 2023

Via: Insurance Business

An insurance agent in Texas has pleaded guilty to a third-degree felony charge, according to an announcement made by the Travis County district attorney’s office. Christopher Cannon, who also served as mayor of Elgin from 2016 to 2020, entered a […]


News

‘Insurance is in my blood’ – UIP CEO on taking the reins of the family business

June 30, 2023

Via: Insurance Business

Jenny Bortman (pictured) didn’t originally plan a career in insurance. After majoring in chemistry, she joined Nestle Purina’s veterinary division in a sales role. But soon, she was heeding the call of the family business. “I think insurance is in […]


Brokers

Aluminium Bahrain B.S.C holds Reverse Insurance Roadshow

June 29, 2023

Via: Reinsurance News

Aluminium Bahrain B.S.C, the largest aluminium smelter in the world after China, held a Reverse Insurance Roadshow. This was the first of its kind in the MENA region, with top-rated insurance and reinsurance markets, in collaboration with Bahrain Kuwait Insurance […]


News

Hedemark to succeed Wegener as FERMA President

June 28, 2023

Via: Reinsurance News

The Federation of European Risk Management Associations (FERMA) has announced the election of Charlotte Hedemark as its next President. Her tenure as President will start on 17 October. She will be succeeding Dirk Wegener following the completion of his four-years […]


Financial, Risk Management

Oxbridge Re’s SurancePlus closes $2.4m capital raise of its tokenized reinsurance security

June 28, 2023

Via: Reinsurance News

Oxbridge Re Holdings Limited has announced that its Web3-focused, wholly-owned subsidiary, SurancePlus Inc., has closed a $2.4 million private capital raise through the sale of 244,776 of its tokenized reinsurance security, DeltaCat Re. According to the announcement, the tokens will […]


News

Unveiling the top female leaders in insurance

June 26, 2023

Via: Insurance Business

Insurance Business America has uncovered the industry’s exceptional female leaders in 2023. Fifty-four (54) Elite Women were recognized for their outstanding qualifications, accomplishments, and contributions to diversity, inclusivity, and the greater insurance industry. This year’s winners demonstrated their commitment by […]


Brokers

PCF Insurance at ‘a moment of convergence’

March 24, 2023

Via: Insurance Business

PCF Insurance Services (PCF) is at a “moment of convergence” after investing heavily in data and technology capabilities last year. The independent commercial insurance brokerage, one of the fastest growing in the US, is ready to fuel its organic growth […]


Regulatory / Legal

Firearm insurance – amended bill submitted to Senate

February 1, 2023

Via: Insurance Journal

An amended bill was submitted by two California senators last week which will require gun owners in the state to secure liability insurance for their firearms. Introduced by Senators Nancy Skinner, D-Oakland and Catherine Blakespear, D-Encinitas, the amended Senate Bill […]


Risk Management, Trends

High inflation & spikes in interest rates cause challenging renewal season: Aon

January 31, 2023

Via: Reinsurance News

Aon’s January Reinsurance Market Dynamics report: Macro Conditions: Extreme Volatility, cites 2022 as being tricky for the industry, with inflation hitting multi-decade highs, as well as interest rates rising to an almost “unprecedented pace”. The report also noted that equities […]


News

AXA XL Re names Dan Bryan Head of Asia, Reinsurance

January 31, 2023

Via: Reinsurance News

AXA XL Reinsurance has appointed Dan Bryan as Head of Asia, Reinsurance, effective February 1st. Previously, Bryan held the role of Head of Treaty Underwriting for Asia. In this new role, he will continue to work with AXA XL Reinsurance’s […]


Financial, Risk Management

Stone Ridge launches blockchain & digital asset risk MGA, Proof Insurance

January 31, 2023

Via: Artemis BM

Stone Ridge Asset Management, the New York based asset manager an alternative risk premia focus, including reinsurance and insurance-linked securities (ILS), has launched Proof Insurance Solutions, a managing general agent (MGA) with a focus on underwriting risks from the blockchain […]


Risk Management, Trends

S&P Predicts Reinsurers Will Continue Pricing Momentum During 2023

January 30, 2023

Via: Insurance Journal

A hard market in short-tail lines – such as property and property catastrophe – across global geographies is likely to continue throughout 2023, after beginning the year with multi-decade-high pricing increases during the January 2023 reinsurance renewals, according to a […]


News

AM Best: Louisiana Insurance Incentive Program a “Short-Term Stopgap”

January 30, 2023

Via: Insurance Journal

As Louisiana lawmakers adjourn Monday for a special session to address the state’s property insurance crisis, a commentary from AM Best says Louisiana’s plan to appropriate $45 million in funds to incentivize insurance companies to take on more property risk […]


Geo-Political, Risk Management

California floods unlikely to be huge loss for re/insurers: J.P. Morgan

January 30, 2023

Via: Reinsurance News

A new report from J.P. Morgan has stated that the recent California floods are unlikely to be a huge loss for the insurance industry. The California floods hit from late December to early January. The state was hit with extreme […]


Geo-Political, Risk Management

Palomar added $25m of new aggregate reinsurance in first-quarter

May 6, 2021

Via: Artemis BM

Palomar Insurance Holdings, the speciality California-headquartered insurer that provides largely catastrophe exposed property products, sought to add to its reinsurance arrangements in Q1 2021 with a new $25 million aggregate layer of cover. The company had also secured its $400 […]