Africa Specialty Risks Launches Reinsurer in Bermuda August 6, 2021 Africa Specialty Risks (ASR), the pan-African focused reinsurance group, announced it has launched a licensed reinsurer in Bermuda. The group...
Allianz Posts 46% Jump in Q2 Profit, with Rosy Outlook Expected August 6, 2021 FRANKFURT – German insurer Allianz on Friday posted a better-than-expected 46% jump in second-quarter net profit and provided a rosier...
People Moves: Miller Named Partner at Kapnick Insurance; Betts Joins Great American’s Dempsey & Siders Insurance August 5, 2021 Kapnick Insurance Douglas Miller is now a partner at Ann Arbor, Michigan-based Kapnick Insurance. Miller is an experienced advisory specialist...
U.S. West Consumer Survey: 4-in-10 Policyholders Don’t Talk to Insurer About Wildfire Risks August 5, 2021 Most residents of the wildfire-plagued Western U.S. believe in mitigation efforts, but fewer are actually taking such steps – while...
California City Paying $1M to Family of Man Killed by Police August 5, 2021 The Southern California city of Fontana has agreed to pay $1 million to the parents of an unarmed man who...
Forecasters Confirm Nine Tornadoes in Pennsylvania, New Jersey August 5, 2021 The National Weather Service has confirmed a ninth tornado that struck during storms last week in Pennsylvania and New Jersey....
New England Flash Flooding Leads to Home Rescues, Washed Out Roads August 5, 2021 Heavy, continuous rain in parts of northern New England led to flash flooding, washed out roads and a few home...
Ratings Firm Moody’s to Acquire Catastrophe Modeler, Analytics Firm RMS for $2 Billion August 5, 2021 Moody’s Corp. has agreed to acquire RMS, a global provider of climate and natural disaster risk modeling and analytics, for...
U.S. Tech Firm Operates 100% Autonomous Semi Truck on China Highway August 5, 2021 A semi truck with driverless technology successfully completed a demonstration in busy traffic on a highway in an economic center...
People Moves: Fidelis Names Mathias as Director of Underwriting, Murfet as CRO; OneGlobal Hires BMS’ Bowring for Energy Casualty, Bermuda August 5, 2021 This edition of International People Moves covers two promotions at the insurer Fidelis and a new hire at broker OneGlobal...