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AIA and PCI members approve merger
As of 1 January, the combined trade bodies will be known as the American Property Casualty Insurance Association.
Catrin Shi
,
24 December 2018
NFIP extended to 31 May
The National Flood Insurance Program had been set to expire on 21 December.
Charlie Thomas
,
24 December 2018
Tsunami destroys 500+ structures in Indonesia
At least 222 deaths have also been attributed to the disaster.
Charlie Thomas
,
24 December 2018
Brown & Brown secures $300mn loan
The five-year deal could be upsized to $450mn at the lenders’ discretion.
Charlie Thomas
,
24 December 2018
AM Best places California Capital under review
The Monterey, California-based company currently has a financial strength rating of A-.
Laura Sanicola
,
22 December 2018
CSAA faces lawsuit from 2017 wildfire victims
CSAA estimates left the homeowners with “woefully insufficient” funds to rebuild their homes, victims alleged.
Marissa Page
,
21 December 2018
Corton to depart as Pembroke shuts cargo book
Pembroke’s cargo facility in London has been placed into orderly run-off.
John Hewitt Jones
,
21 December 2018
If blockchain is the answer for (re)insurance, I am not sure I know what the question is
I can’t help but think that when it comes to the Next Big Thing in technology, in (re)insurance the old aphorism that “a fool and his money are easily parted” holds true.
Gavin Davis
,
21 December 2018
Top Spanish court rules P&I club must pay $1.9bn Prestige claim
The claim is largely unreserved in the London market, sources said.
John Hewitt Jones
,
21 December 2018
Reinsurers squeezed by flat 1.1 and rising retro rates
Reinsurers hit by a heavy cat year are unlikely to see significant rate rises as retro rates increase.
Insurance Insider team
,
21 December 2018
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