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Larger national carriers are shying away from coastal exposures, particularly in Florida and New England, where smaller, regionally focused carriers have higher market shares, according to a white paper by Stonybrook on the coastal homeowners market. 21 April 2021
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AXA XL's North America Construction insurance business has entered into a partnership with a risk management software platform that will enhance its ability to advise clients about how to minimise risk exposures and loss. 21 April 2021
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The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has awarded a $2.2 million grant to the Government of St. Vincent and the Grenadines following the eruption of the La Soufrière Volcano. 20 April 2021
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Everest Re Group has released preliminary information on first quarter 2021 catastrophe losses, in advance of its full quarterly earnings, which will be released on April 28, 2021. 20 April 2021
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Arch Insurance’s UK regional division has promoted Vicky Rowlay and Neil Peters to national directors of business transformation and branch network, respectively. 20 April 2021
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Chaucer, the specialty re/insurance group with operations in Bermuda, has unveiled a new brand identity, including the addition of its parent company, China Re, to its logo. 20 April 2021
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SiriusPoint, the international specialty re/insurance company, has launched its inaugural environmental, social and governance (ESG) report. 19 April 2021
Life
Helix Underwriting Partners has expanded its agency platform to include excess casualty insurance in Bermuda, and made a number of appointments to build out its offering. 19 April 2021
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Arch Capital Group has warned that its 2021 first quarter results will be negatively impacted by the effects of North American winter storms Uri and Viola. 19 April 2021
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The proportion of businesses targeted by cyber criminals in the past year increased to 43 percent from 38 percent, according to the Hiscox Cyber Readiness report 2021. 19 April 2021
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