Insurance

FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, has refiled an application for a Hong Kong initial public offering as it now weighs a listing next year amid market volatility. The renewed filing will grant more …

At the government headquarters in NATO-member Montenegro, the computers are unplugged, the internet is switched off and the state’s main websites are down. The blackout comes amid a massive cyberattack against the small Balkan state which officials say bears the …

Swiss Re predicts that deglobalization will generate $33 billion in new commercial property/casualty insurance premiums by 2026, according to its latest sigma report: “Maintaining resilience: the role of P&C insurers in a new world order.” Supply chain restructuring is expected …

Proving that an insured misrepresented the extent of damage from a storm may have just become a little more complicated for Florida insurance companies. Florida’s 5th District Court of Appeals last week reversed a trial court’s summary judgment order, which …

The name Guarantee Insurance is not one that is likely to be recalled with fondness by many Floridians. The workers’ compensation carrier in 2017 was declared insolvent, a rarity in what is one of the most profitable lines of insurance. …

Delaware has named Stephen Taylor, former insurance commissioner for the District of Columbia, as the next director of its captive bureau. Taylor will succeed Steve Kinion, who is leaving Sept. 30 when his contract expires. Taylor served as D.C. insurance …

NORFOLK, Va. — The Elizabeth River Project’s latest work doesn’t fight the rising tide. It will roll with it. The environmental group is constructing a 6,500-foot resilience lab along Colley Avenue and Knitting Mill Creek. The building has an intentional …

This edition of International People Moves details appointments at SCOR and Aon Reinsurance Solutions. A summary of these new hires follows here. Former MS Amlin Exec Beazley Appointed CEO of SCOR UK, SCOR Syndicate SCOR announced the appointment of Chris …

PERILS, the independent Zurich-based company that provides industry-wide catastrophe insurance data, has announced the expansion of its market coverage to include exposure and event loss data for European floods. The new service is in addition to PERILS’ windstorm coverage in …

Alera Group announced the acquisition of jweinland Group Benefits, a full-service employee benefits firm specializing in the highest quality group benefits and self-funded insurance plans. “Our large and mid-market clients enjoy the flexibility of partial self-funding and we help them …