Articles
Insurance
US-based Lemonade is coming to Europe – its first major market outside of the US, Daniel Schreiber, CEO and co-founder, announced in a November 29 blog. 29 November 2018
Insurance
Moody’s estimates total insured losses from the Camp and Woolsey wildfires in California for property and casualty (P&C) re/insurers at $10-$15 billion. 29 November 2018
Insurance
AmTrust Financial Services has completed the merger transaction in which Evergreen Parent acquired the approximately 45 percent of the company’s issued and outstanding common shares that the Karfunkel-Zyskind Family and certain of its affiliates and related parties did not already own or control. 29 November 2018
Insurance
AXIS Insurance, the insurance business segment of Bermuda-based AXIS Capital Holdings, is consolidating its global cyber and technology unit under the leadership of Dan Trueman. 29 November 2018
Insurance
AM Best has raised the net environmental losses for the US property/casualty (P&C) industry by $4 billion to an estimated $46 billion, taking industry losses for asbestos and environmental (A&E) to $146 billion. 29 November 2018
Insurance
The chemical Glyphosate could easily lead to tomorrow’s public health crisis, AM Best has warned in a Nov. 28 report. 29 November 2018
Insurance
Downside credit risks from the California wildfires are currently most pronounced for investor-owned utilities (IOU), which could face large liabilities if IOU equipment is found to have ignited the fires, according to Fitch Ratings. 29 November 2018
Insurance
Fitch Ratings has downgraded the Insurer Financial Strength (IFS) ratings of health insurer Aetna to 'A' from 'AA-'. 29 November 2018
Insurance
US-based insurance technology firm Bindable has attracted an investment from EPIC Holdings which operates EPIC Insurance Brokers & Consultants and has agreed on a commercial deal. 28 November 2018
Insurance
US-based multiple-line insurer Mercury General Corporation will pass on most of the expected $253 million losses from the Camp and Woolsey wildfires in California to reinsurers. 28 November 2018
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