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EPIC Holdings acquires Integro US
Insurance
EPIC Holdings is acquiring the US operations of insurance broker and risk manager Integro Group Holdings.   18 December 2018
Cyber insurance: a not so global market
News
Though cyber risk is a distinctly global threat, the cyber insurance markets in the US and the EU have developed in different directions both in terms of products and pricing. This has consequences for players that are eager to take advantage of the significant growth potential of this line of business, as Intelligent Insurer discovers.   18 December 2018
JLT Re partners with insurtech firm for digital product
Insurance
JLT Re (North America) has partnered with Pact Insurance, a personal auto insurtech company, to create a digital insurance solution to cover established and emerging mobility risks.   17 December 2018
Insurance
Munich Reinsurance America has appointed Michael Kerner as CEO for Munich Re Specialty Insurance, a new commercial insurance unit in North America.   17 December 2018
Insurance
Property/casualty insurer W.R. Berkley Corporation has led a more than $15 million investment round in artificial intelligence (AI) solutions startup Pypestream.   17 December 2018
Insurance
Re/insurance broker BMS Group is building out its Bermuda market operation with the hiring of George Bowring from Price Forbes and Kian Wookey from JLT.   17 December 2018
Insurance
The board of governors of Florida-based Citizens Property Insurance Corporation has approved a statewide 2019 rate increase of an average of 8.2 percent for personal lines policyholders – homeowners, condominium owners and renters.   14 December 2018
Insurance
US personal lines insurer Allstate Corporation has estimated catastrophe losses for the month of November 2018 at $685 million, pre-tax ($541 million, after-tax), driven by the Camp and Woolsey fires in California.   13 December 2018
Insurance
Bermuda-based AXIS Insurance, a unit of AXIS Capital Holdings has hired Andrew Maher as senior cyber underwriter, effective immediately.   13 December 2018
Insurance
S&P Global Ratings has rewarded strategic changes made by AXIS Capital, which include reducing its exposure to legacy liabilities generated by the Novae Group, by revising its outlook on the company’s ratings to stable from negative.   13 December 2018

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