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London market veterans launch Commonwealth Insurance Forum
Insurance
Two London market veterans have launched a new body, the Commonwealth Insurance Forum (CIF), to promote the industry within the 53 countries of the British Commonwealth.   16 September 2019
RMS puts Hurricane Dorian US insured losses in $500m-$1.5bn range, total losses in $4bn to $8.5bn range
Insurance
Hurricane Dorian will cost insurance losses of between $500 million and $1.5 billion in the US, much less than some had estimated.   16 September 2019
Risk trading insurtech AkinovA donates ILS assets to insurance standards-setting body ACORD
Alternative Risk Transfer
AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has donated some insurance-linked security (ILS) assets to ACORD, the global standards-setting body for the insurance industry.   16 September 2019
Insurance
Re/insurer AXA XL has made a number of appointments in its UK client and distribution team, based in London.   16 September 2019
Insurance
London-based House of Insurtech has launched a new cloud-based 'underwriting-as-a-service' platform, called Insurforce, that aims to lower administration cost, and increase flexibility for insurers, MGAs and brokers.   16 September 2019
Insurance
Lloyd's managing agent Vibe Syndicate Management has closed its accident & health (A&H) and property D&F business units with immediate effect, citing "difficult market conditions".   16 September 2019
Insurance
AXA XL insurance has appointed Luis Prato as new chief underwriting officer (CUO) for UK legal entities, Catlin Underwriting Agencies (CUAL) and XL Catlin Insurance Company UK (XLCICL).   12 September 2019
Insurance
The Lloyd’s Market Association (LMA) has appointed Brit group CEO Matthew Wilson as new chairman of the LMA Academy committee, and Aspen's Fiona Temple as director.   11 September 2019
Insurance
Interest rates staying lower for longer and negative bond yields mean more challenges for the life re/insurance industry—but AXA’s chief executive officer says the business is more shielded from these forces since it has repositioned its portfolio in recent years.   11 September 2019
Insurance
VIG Re is mounting an expansion beyond its core markets based on its intimate knowledge of markets and its low cost ratio, chairman Johannes Martin Hartmann and Peter Thirring, member of the managing board, told Monte Carlo Today.   11 September 2019

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