Insured Property Losses from Australia’s Townsville Floods in 2019 Hit A$1.24B: PERILS February 11, 2020 PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has disclosed its fourth and final property loss estimate...
UK, EU Remain at Odds over Financial Services’ Market Access February 11, 2020 By Huw Jones and Marine Strauss Britain wants a stable relationship with the European Union for “decades to come” in financial services, Britain’s finance minister Sajid...
Storm Ciara Batters Europe with Hurricane-Force Winds, Killing at Least 5 People February 11, 2020 By Frank Jordans and Pan Pylas A strong winter storm that has battered Europe with hurricane-force winds and heavy rains and killed at least five people...
NFP Buys Canada Political Risk and Trade Credit Broker, Indemnis Trade Risk Mgmt February 11, 2020 NFP, the New York City-based insurance broker and consultant, announced the acquisition of Indemnis Trade Risk Management Ltd. Financial details...
HDI Global Specialty Appoints Kangasniemi as Head of Airline February 11, 2020 HDI Global Specialty SE, the specialty lines insurer, has promoted Frida Kangasniemi to the role of head of Airline. She...
Hub International Buys Quebec-Based Azur Consulting Services February 11, 2020 Hub International Ltd. (Hub), the Chicago-based insurance broker, announced it has acquired the assets of Azur Consulting Services Inc. Terms...
Tokio Marine Kiln Adds Pritchard to Special Risks Team February 10, 2020 Specialist insurer Tokio Marine Kiln has appointed Charlotte Pritchard as an underwriter within its Special Risks team. Pritchard will focus...
Thai Insurer Offers First Coronavirus Insurance Policy February 10, 2020 By Anuchit Nguyen The world’s best-performing insurance firm has seized on the latest health concern to offer Thailand’s first policy to cover the...
Australian Insurers Declare Catastrophe for Losses from East Coast Flooding February 10, 2020 The Insurance Council of Australia (ICA) has declared a catastrophe for property losses caused by storms and flooding along the...
Axa Confirms Agreement to Sell Poland, Czech Republic and Slovakia Units to Uniqa February 10, 2020 Axa has confirmed earlier reporting that it has agreed to sell its its operations in Poland, Czech Republic and Slovakia...