Risk
UPC Insurance to Grab Interboro Insurance For $57M
United Insurance Holdings Corp. (UPC Insurance) will pay $57 million for Interboro Insurance Company, a regional property/casualty insurer licensed to operate in four states and Washington, D.C. The ...
How to Build Your Own Catastrophe Model
Given the complexity of catastrophe models, at first it might seem impossible for you to build your own. This was certainly the case 10-20 years ago. But technology has changed since the ...
S&P: Specialty Insurers Soar, Serve as Potential M&A Targets
Standard & Poor's sees a number of specialty insurers as potential takeover targets by both rival carriers and investors seeking to expand in the segment, thanks to stellar operating performance ...Why Build Your Own Catastrophe Model?
Insurers are using the new open loss modeling platforms to build their own catastrophe models for three main reasons: clarity, control and cost. Catastrophe models have become extremely important ...
Executives On The Move at Hamilton Insurance Group, Swiss Re, Aon Benfield and More
We have promotions and new hires to tell you about at Hamilton Insurance Group, Swiss Re, Aon Benfield and The Geneva Association: ** Hamilton Insurance Group has a new chief financial officer for ...
Typhoon Dujuan Lashes Taiwan, Disrupting Land and Air Traffic
Typhoon Dujuan lashed Taiwan with rain and wind Monday, disrupting land and air traffic and forcing offices, schools and financial markets to shut on Tuesday. The stock markets will be closed for all ...
Cyber Security Field Faces Worsening Gender Gap and Workforce Shortage
Women account for just one out of 10 cyber security professionals, as the gender gap widened over two years in a male-dominated field with a drastic workforce shortage, a survey showed. ISC2, the ...
AmTrust Will Grow Again Through Acquisition With $233M Republic Companies Buy
AmTrust Financial Services will buy Texas-based property/casualty insurer Republic Companies, Inc. for $233 million, continuing an ongoing strategy of growth through strategic acquisitions. The ...