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Insurance
Property/casualty insurance technology provider Xceedance has appointed Rajesh Iyer as senior vice president and head of data sciences, based in Boston.   16 November 2016
Insurance
A single large earthquake along the San Andreas Fault line could rupture simultaneously in both Northern and Southern California potentially causing 126 percent more residential property damage than previously thought, according to data analysis from CoreLogic.   16 November 2016
ILS market strengthens position
Insurance
Insurance-linked securities have continued to strengthen their position as an attractive capital option in the current cycle, according to Paul Schultz, chief executive officer at Aon Securities.   16 November 2016
Alternative Risk Transfer
An investment in innovation to bring new risks to market is crucial to the future of the ILS sector, says Tom Johansmeyer of ISO/Verisk Insurance Solutions.   16 November 2016
Alternative Risk Transfer
The catastrophe bond markets represent the leading indicator of where catastrophe pricing is heading and may help closing the protection gap, believes John Seo, co-founding partner of Fermat Capital Management.   16 November 2016
Insurance
TigerRisk Partners, a risk/capital management and strategic advisory firm, has appointed Patrick Denzer as a partner.   15 November 2016
Insurance
American International Group (AIG) has agreed to sell its Japan life insurance business, AIG Fuji Life Insurance (AFLI), to FWD Group, the insurance segment of Pacific Century Group.   15 November 2016
Insurance
In the absence of management actions, P&C (property/casualty) insurers' profits will fall on average by 10 percent to 20 percent in three years, which represents a cumulative decline of €3-5 billion, according to Moody’s. Life insurance profits will generally decline at a slower pace.   15 November 2016
Insurance
The acquisition of Ariel Re adds the scale Argo needs to cope with the costs of operating within the Lloyd’s market, the company has revealed, stressing that the deal also makes it one of the top 12 underwriters at Lloyd’s.   14 November 2016
Insurance
Digitally-focused new players in the insurance industry are increasingly threatening the market dominance of traditional insurers in a dynamic that could ultimately force the incumbent players to become nothing more than risk carriers, the COO of Hiscox has warned.   11 November 2016

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