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Insurance
Insurtech firm Quantemplate has received £2.5 million of new capital to accelerate its expansion plans while appointing David Lundgren as CEO and board director. 12 December 2017
Insurance
The Hartford, a US-based property/casualty insurer, has appointed Stephanie Bush to lead personal lines, replacing Ray Sprague, who is retiring after a 30-year career with the company. 12 December 2017
Insurance
Marine insurance provider Skuld has appointed Rachael Simpson as senior vice president, London P&I (protection and indemnity) operations. 11 December 2017
Insurance
Bermuda-based re/insurer Validus Holdings has made several leadership appointments, reflecting an organisational change that results in three new reportable segments - reinsurance, insurance and asset management. 11 December 2017
Insurance
A destructive wildfire raging in southern California has expanded significantly, scorching an area larger than New York City, BBC News reported on Dec. 11. 11 December 2017
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
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
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