August 14, 2023
Via: Insurance JournalxC 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 […]
August 11, 2023
Via: Reinsurance NewsEmerging 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 […]
August 10, 2023
Via: Insurance BusinessThe 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 […]
July 3, 2023
Via: Artemis BMSCOR 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
July 3, 2023
Via: Artemis BMGlobal 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 […]
June 30, 2023
Via: Insurance BusinessAn 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 […]
June 30, 2023
Via: Insurance BusinessJenny 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 […]
June 29, 2023
Via: Reinsurance NewsAluminium 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 […]
June 28, 2023
Via: Reinsurance NewsThe 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 […]
June 28, 2023
Via: Reinsurance NewsOxbridge 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 […]
June 26, 2023
Via: Insurance BusinessInsurance 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 […]
March 24, 2023
Via: Insurance BusinessPCF 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 […]
February 1, 2023
Via: Insurance JournalAn 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 […]
January 31, 2023
Via: Reinsurance NewsAon’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 […]
January 31, 2023
Via: Reinsurance NewsAXA 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 […]
January 31, 2023
Via: Artemis BMStone 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 […]
January 30, 2023
Via: Insurance JournalA 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 […]
January 30, 2023
Via: Insurance JournalAs 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
January 30, 2023
Via: Reinsurance NewsA 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
May 6, 2021
Via: Artemis BMPalomar 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 […]