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Insurance
The EU and the US are signing the bilateral agreement on insurance and reinsurance today, the European Commission said on Sept. 22. 22 September 2017
Insurance
Personal lines property/casualty insurer The Allstate Corporation said on Sept. 21 that it estimates its catastrophe losses, net of reinsurance recoveries, for the month of August 2017 at $593 million, pre-tax. 21 September 2017
Insurance
Singer Kanye West, through attorneys of his touring company Very Good Touring denied “each and every allegation and mischaracterization in the counterclaim” made by Lloyd’s syndicates with respect to a cancelled tour. 21 September 2017
Insurance
Hurricane Maria took direct aim at Puerto Rico on Wednesday, Sept. 20, thrashing some islands already left in ruins by Hurricane Irma, and razing areas that had previously escaped damage, according to catastrophe modelling firm AIR Worldwide. 21 September 2017
Insurance
The magnitude 7.1 earthquake that struck near Mexico City on Sept. 19 afternoon has caused major damage, according to a Sept. 20 AM Best report. 21 September 2017
Insurance
Zurich North America CEO Mike Foley will retire from Zurich in 2018, after a decade in this role. 21 September 2017
News
TransRe has appointed Miguels Canals to join its cyber team, based in New York. 21 September 2017
Insurance
Property and casualty re/insurer XL Catlin said on Sept. 20 that it is expanding its political risk underwriting capabilities in Iberia with the appointment of Santiago Herrero as head of political risk, credit & bond (PRCB) - Iberia. 21 September 2017
News
Hannover Re said on Sept. 21 that it expects nat cat events to exceed its large loss budget which is likely to result in the company missing its targeted €1 billion group net income in 2017. 21 September 2017
Insurance
Risk modelling and data analytics firm RMS said on Sept. 20 that it partnered with cloud computing platform Microsoft Azure to help insurance companies to overcome limitations to their business agility. 20 September 2017
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