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Insurtech Arceo.ai launches to bridge cybersecurity-insurance gap
Insurance
San Francisco-based insurtech Arceo.ai, a provider of cyber resilience solutions, has launched with a debut platform that enables insurance carriers to automate and enhance their cyber insurance, while increasing the security of their insureds.   25 February 2019
QBE returns to profit in 2018 due to fall in cat claims and cost-cutting
Insurance
Australia-based QBE Insurance Group returned to profit last year helped by "significantly reduced catastrophe claims", after an extreme 2017, and a robust cost-cutting programme.   25 February 2019
Former Markel CATCo CEOs file $70m court case for ‘wrongful termination’
Insurance
Two former Markel CATCo executives have filed court cases against the company claiming around $73.4 million for wrongful termination of employment after inappropriate searches of private smartphone messages.   22 February 2019
Insurance
Re/insurance broker Aon has expanded the scale of a restructuring plan first announced in 2017.   22 February 2019
Insurance
Bermuda-based reinsurer PartnerRe has reported losses in both its fourth quarter 2018 and full year results but its CEO Emmanuel Clarke is confident that the company will be able to deliver "solid returns" to its shareholder in 2019.   22 February 2019
Insurance
Insurance group Sirius highlighted “long term wins” in its 2018 results, despite losses partly caused by typhoon Jebi.   22 February 2019
Insurance
Specialty insurance company ProAssurance Corporation has unveiled leadership changes following the retirement of Howard Friedman, president of healthcare professional liability.   22 February 2019
Insurance
Private equity firm Aquiline Capital Partners is acquiring US broker Relation Insurance Services from PE firms Parthenon Capital and Century Equity Partners.   22 February 2019
Insurance
Hannover Life Reassurance Company of America, the US unit of German reinsurer Hannover Re, has appointed Jeff Burt as new president.   22 February 2019
Insurance
Some $3 billion of large claims from natural catastrophes and man-made losses battered Swiss Re’s 2018 results but the reinsurer still posted a decent profit and increased its gross written premiums by some 5 percent.   21 February 2019

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