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US-based property/casualty insurer Travelers has teamed up with Amazon to offer smart home solutions through a digital storefront on the electronic commerce giant. 10 October 2018
Insurance
Maximum sustained winds from Hurricane Michael have increased to near 130 mph (210 km/h) with higher gusts, making Michael a category 4 hurricane as it moves towards Florida, according to the National Hurricane Center (NHC). 10 October 2018
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has formed a new casualty facultative reinsurance operation to be led by Dave Adams who is joining from Maiden Re. 10 October 2018
Insurance
Fitch Ratings has affirmed the 'A+' (Strong) Insurer Financial Strength (IFS) ratings of the operating subsidiaries of AXIS Capital Holdings and AXIS Capital's 'A-' Issuer Default Rating (IDR) but has kept the Rating Outlook as Negative. 10 October 2018
Insurance
Specialist insurer QBE North America has appointed Toria Lessman and Stacey Meade as new heads of transactional liability and financial institutions businesses, respectively. 10 October 2018
Insurance
Insurers and reinsurers exposed to hurricane Michael in Florida are likely to be only modestly impacted by hurricane Michael because of their typically high reinsurance protection, according to KBW. 9 October 2018
Insurance
Florida is preparing for the impact of Hurricane Michael which could make landfall as a category 3 storm later this week, according to data provider CoreLogic. 9 October 2018
Insurance
Consulting and digital solutions provider Davies group is acquiring Ember group, a customer experience (CX) consulting and digital solutions business. 9 October 2018
Insurance
Tropical storm Michael is expected to become a hurricane and carry strong winds and rain to Cuba, Florida and southern Georgia, according to the National Hurricane Center (NHC). 8 October 2018
Insurance
Following an in-depth business and financial review, S&P Global Ratings believes Marsh&McLennan (MMC) will likely be committed to and able to de-lever back to a range appropriate for the firm’s current rating despite a very significant increase in debt to fund its acquisition of insurance broker JLT. 8 October 2018
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