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Insurance
California-based cyber insurance start-up At-Bay has secured a $13 million Series A funding. 14 May 2018
Insurance
French insurer AXA has appointed Irina Buchmann as president and CEO of AXA ART Americas, a provider of specialized insurance for artworks and collectables. 14 May 2018
Insurance
JLT Specialty, a US subsidiary of Jardine Lloyd Thompson Group, has appointed Rob Hausler as executive vice president, based in Houston. 14 May 2018
News
Having given up on reinsurance in recent decades, some large insurers have had a change of heart as they seek diversification and the access to the capital markets which reinsurers have developed in recent years. Is their bet that they can handle these volatile risks—and that their shareholders will back them—a risky one? Intelligent Insurer investigates. 14 May 2018
Insurance
XL Group has appointed Brent Hoffman as XL Catlin’s global head of claims, effective immediately, reporting to Paul Jardine, XL Catlin’s chief experience officer. 11 May 2018
Insurance
Shareholders representing 39 percent of the equity have voted against the continuation of the Blue Capital Alternative Income Fund at the annual general meeting and the company’s board is recommending an orderly run-off of the company. 11 May 2018
Insurance
New York-based AmTrust Financial Services reported a net income increase to $675.9 million in the first quarter of 2018 compared to $50.2 million in the same period a year ago. 11 May 2018
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has signed a definitive agreement to acquire 100 percent of the equity interests of Pronto Holdco, the parent company of Pronto Insurance. 11 May 2018
Insurance
US specialty insurer RLI has appointed Bob Handzel as vice president, chief claim officer. 11 May 2018
Insurance
US stand-alone and package cyber premiums combined grew by 54 percent year on year to $2.1 billion in 2017 while the direct loss ratio for standalone cyber insurance declined, according to Fitch Ratings. 10 May 2018
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