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JLT Group has hired a senior executive from Starr to expand its facultative business in North America, based in JLT Fac’s New York office. 16 October 2018
Insurance
Property/casualty (P&C) group Cincinnati Financial Corporation expects its third-quarter 2018 results to include pre-tax catastrophe losses of approximately $120 million. 15 October 2018
Insurance
Insured residential and commercial storm surge and wind losses from hurricane Michael are estimated at between $3 billion and $5 billion, according to an update by data provider CoreLogic. 15 October 2018
Insurance
Marsh & McLennan’s acquisition of JLT has been on the cards for some time. While the two players complement each other in many areas, Marsh has taken on a lot of debt to finance the deal—which may cause it problems. Intelligent Insurer reports. 12 October 2018
Insurance
Insured losses from Hurricane Michael will be close to $8 billion, according to catastrophe modelling agency Karen Clark & Company (KCC). 12 October 2018
Insurance
Thirty-Nine US technology companies and twenty UK-based companies have been named on the InsurTech 100 global list of innovative companies by research firm FinTech Global. 12 October 2018
Insurance
US-based property/casualty insurer Hanover Insurance Group has hired Allianz Group's Kevin Leach to expand its financial institutions offering. 12 October 2018
Insurance
Bermuda-based Langhorne Re, a global reinsurer targeting large in-force life and annuity blocks, has appointed Steve Zonca as CEO of its US-based operating subsidiaries. 12 October 2018
Insurance
Insurtech start-up iX Technology Group has appointed Sally Coryn as executive chairman, responsible for developing the group’s strategy as it seeks to build innovative blockchain-based solutions to meet the needs of the insurance market. 12 October 2018
Insurance
Liberty Mutual has launched a new financial risk solutions unit by combining credit and political risk experts from Liberty Specialty Markets (LSM) and Ironshore into a single global operation. 11 October 2018
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