CapriCMW

RISK MANAGEMENT

Truist Insurance Holdings, Inc | March 03, 2022

Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation and the sixth-largest insurance brokerage in the U.S., announced todaythat it has closed on the acquisition of Kensington Vanguard National Land Services (KV), one of the country's largest independent full-service national title insurance agencies. BridgeTrust Title Group, the company's existing title and settlement services business, will be integrated into and operate under the KV brand. The co...

American Club | February 25, 2020

The American Club saw solid performance over the 2020 P&I renewal season despite challenging conditions in the shipping and insurance sectors. Year-on-year premium for the club’s mutual P&I class stayed flat. A small decrease in revenue for its freight, demurrage and defense (FD&D) business was offset by a commensurate increase in premium for charterer’s entries. Total income on renewal will be nearly identical for 2020 to that for 2019, the American Club said. Premium at...

RISK MANAGEMENT

Distinguished Program Holdings LLC | February 15, 2022

Distinguished Programs ("Distinguished"), a national insurance program manager, today officially announces the relaunch of its Express Umbrella program which includes the Express Real Estate Umbrella and Express Community Associations Umbrella products. The program offers limits up to $5M and caters to community associations, homeowner associations, condominium associations and small commercial buildings. "The Express Umbrella program is perfect for re...

Swiss Re | April 16, 2020

Reinsurance giant Swiss Re Group has committed CHF5m ($5.2 million) to support global COVID-19 relief efforts, particularly in developing countries. The pledge has been made through the reinsurer’s non-profit grant foundation, the Swiss Re Foundation, which will distribute the funds to organizations tackling the current crisis. The foundation will contribute CHF1 million ($1.04 million) each to the International Committee of the Red Cross, which provides humanitarian aid in t...