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Insurance
AM Best has revised the outlooks for the main non-life insurance subsidiaries of Zurich Insurance Group to stable from negative following corrective actions by the management on the group’s property & casualty (P&C) operations.   11 December 2017
Insurance
Property/casualty insurer Chubb has appointed Tracey Laws as senior vice president, general counsel, global government and industry affairs.   11 December 2017
ILS market roars to new heights
Alternative Risk Transfer
The ILS market had one of its most successful ever years in 2017 and is well placed at it enters 2018, according to Paul Schultz, CEO of Aon Securities.   8 December 2017
Insurance
US insurers are generally welcoming the corporate tax reform but are cautious against unintended consequences, according to analysts from research firm CreditSights.   8 December 2017
Alternative Risk Transfer
Rather than make the discovery after it’s necessary, it would be much more effective to develop a robust cyber ILW market before it’s needed, says Tom Johansmeyer of Verisk Insurance Solutions.   8 December 2017
Insurance
Thomas Deane has joined insurance-focused advisory and investment firm Stonybrook Capital from JLT Capital Markets.   8 December 2017
Insurance
Validus expects the net impact from the October 2017 California Wildfires to be $30.0 million.   8 December 2017
Insurance
About 200,000 residents have been evacuated in Southern California as multiple wildfires have burned homes.   8 December 2017
Insurance
California wildfires in October 2017 have triggered total insured losses that top $9.4 billion in residential and commercial claims two months after the event, according to the California Department of Insurance.   7 December 2017
Insurance
Bermuda-based XL Group estimated the net losses from natural catastrophes for the fourth quarter through Dec. 1, 2017 at approximately $250 million.   7 December 2017

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