Insurance industry news from NormanMax Insurance Holdings, Cytora, SambaSafety and more is featured in this weekly update. (Photo: Shutterstock)
NormanMax Insurance Holdings launched Syndicate 3939, managed by Apollo, the market leading innovative integrated insurance group. NormanMax Syndicate 3939 has commenced underwriting, focusing on natural catastrophe parametric reinsurance products for hurricane, tropical cyclone, typhoon and earthquake. NormanMax will combine 21st century data and technology to create parametric solutions for clients around the globe to address the natural disaster protection gap, at a time of increased climate risk and volatility.
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