General Electric: GE strengthens agreement with the Swiss export credit agency SERV to support the global energy transition

SERV to mobilize diversified and competitive financing for GE’s power generation technologies to help decarbonize the power sector in emerging and developing markets. Zurich, Switzerland, June 07, 2022 – GE (NYSE-GE) and Swiss Export Risk Insurance (SERV), the Swiss export credit agency (ECA), today announced their collaboration agreement to support GE’s global energy customers looking … Read more

Perfect storm: Insurers battle deluge of 500,000 catastrophic claims – Analysis – Insurance News

A series of hurdles have constrained insurers as they battle half a million claims from a series of some of the worst catastrophes ever experienced in Australia. Insurance Council of Australia (ICA) tells insuranceNEWS.com.au, the industry has been hit by 379,368 claims resulting in losses of $5.84 billion from the combined total of three declared … Read more

Pandemic affects mental and physical well-being, resulting in safer online, according to Swiss Re global consumer survey

More than half (60%) of respondents in emerging markets are increasingly concerned about their health as a result of the pandemic. almost 20 percentage points higher than in advanced markets In advanced markets, a third of the population surveyed reported a deterioration in their mental health in the previous year Globally, 40% of respondents are … Read more

FedNat Announces $15 Million Investment by Hale Partnership in Monarch National Insurance Company

SUNRISE, Florida, May 24, 2022 (GLOBE NEWSWIRE) — FedNat Holding Company (Nasdaq: FNHC) (FedNat), a regional insurance holding company, has signed an agreement with Hale Capital Management LLC (Hale) under which funds managed by Hale will invest $15,000,000 at FedNat subsidiary National Monarch Insurance Company (MNIC), subject to the fulfillment of certain conditions. Under the … Read more

Fobi AI: Interim Financial Statements Q2 2022 FOBI AI INC.

(Formerly Loop Insights Inc.) Interim Condensed Consolidated Financial Statements Six months ended December 31, 2021 (Expressed in Canadian dollars) (Unaudited) Auditor’s Notice of Non-Review of Interim Financial Statements Under National Instrument 51-102, Part 4, subsection 4.3(3)(a), if an auditor has not performed a review of the condensed consolidated interim financial statements, they must be accompanied … Read more

BC floods: Victim says insurance only covered $30K after house was destroyed

MERRITT, BC — A survivor of last year’s catastrophic British Columbia flooding is warning others to check her insurance policies after she said she received a payout of just $30,000 when her home, valued at $414,000, was destroyed. Pam Velt, whose home collapsed into the Nicola River last November, said she and her husband, Paulus, … Read more

CNP Assurances: Publication of the SFCRs of CNP Assurances Solo and Group as of December 31, 2021

Publication of the SFCRs of CNP Assurances Solo and Group as of December 31, 2021 CNP Assurances is publishing its 2021 Individual and Group Solvency and Financial Condition Reports (SFCRs) today, in accordance with regulatory requirements. These reports cover the financial year 2021 and were approved by the CNP Assurances Board of Directors on April … Read more

UNIVERSAL INSURANCE HOLDINGS, INC.: Change of Directors or Principal Officers, Financial Statements, and Schedules (Form 8-K)

Item 5.02 Exit of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain officers On April 7, 2022 (the “Effective Date”), Universal Insurance Holdings, Inc. (the “Company”) entered into an amended and restated employment agreement with Stephen J. Donaghy, the Company’s Chief Executive Officer (the “Agreement”). Mr. Donaghy and … Read more

REVIEWED: TransUnion Notes Travel & Leisure Industry Fastest-Growing Target for Scammers in Canada

TransUnion study reveals that the rate of suspected digital fraud attempts in industries from Canada increased by 21% from 2020 to 2021 Canada’s rate of suspected digital fraud attempts increased 88% from 2019 to 2021 Nearly four in 10 (40%) Canadians said they have been the target of digital fraud from October 2021 to January … Read more

AHT INSURANCE ANNOUNCES THE ADDITION OF CHRIS BALCH AS CEO

LEESBURG, Va., April 8, 2022 /PRNewswire/ — Armfield, Harrison & Thomas, LLC (“AHT Insurance”), a subsidiary of BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), is pleased to announce the addition from Chris Balch to the leadership team as General Manager of AHT Insurance’s Commercial Risk Management Group. As CEO, Balch will lead … Read more

TIMELINE-Biogen’s Alzheimer’s drug hits brakes on Medicare coverage

April 8 (Reuters) – The U.S. government health plan for people over 65 on Thursday issued its final coverage policy for Biogen’s Alzheimer’s drug Aduhelm, moving forward with an unusually strict plan that would limited to patients in clinical trials. Below are the events of the drug’s controversial and prolonged approval last June and developments … Read more

CHINA UNITED INSURANCE SERVICE, INC. DISCUSSION AND ANALYSIS OF MANAGEMENT’S FINANCIAL CONDITIONS AND RESULTS OF OPERATIONS (Form 10-K)

The following Management’s Discussion and Analysis of Financial Condition and Results of Operations should be read in conjunction with the consolidated financial statements and the accompanying notes thereto included in Item 8 of Part II, “Financial Statements and Supplementary Data” of this Form 10-K Report. Unless otherwise stated, references to particular years, quarters, months or … Read more