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Insurance
Catastrophe bond issuance in the second quarter of 2018 totalled over $4.03 billion, representing the third largest second quarter issuance total in history, according to the Q2 2018 Update report on the insurance-linked securities (ILS) sector by Aon Securities. 14 August 2018
Insurance
XL Catlin’s North America construction business has added Jillian Eckert and Laura Travis in Philadelphia to address the construction industry’s excess casualty insurance needs, the company said. 14 August 2018
News
Legal expenses and assistance provider ARAG has grown its before-the-event (BTE) business in 2017 but said that the turbulences in the after-the-event (ATE) market continue. 14 August 2018
Insurance
Bermuda-based Everest Re Group has appointed Ike Barbatsoulis as chief reinsurance claims officer for Everest’s reinsurance division. 14 August 2018
Insurance
AXIS Capital Holdings has appointed Anne Kelly as global head of ceded reinsurance, effective Sept. 4, 2018. 13 August 2018
Insurance
US-based workers’ compensation insurance Pie Insurance completed an $11 million Series A funding round led by Greycroft and including participation from Aspect Ventures, existing investors Sirius Group, Moxley Holdings, and Elefund. 13 August 2018
Insurance
Tropical Storm Risk (TSR) predicts 11 named storms, 5 hurricanes, and 1 major (Category 3+) hurricane between the months of June and November of 2018. 7 August 2018
Insurance
London-based insurtech start-up Blocksure has launched a new blockchain platform for the insurance industry that it claims could cut back-office cost by half. 7 August 2018
Insurance
Bermuda-based Argo Group grew its US operations by 12.3 percent year on year to $410.0 million in the second quarter of 2018. 7 August 2018
Insurance
Starr Insurance Companies has entered into an agreement to acquire the renewal rights of Aspen Insurance’s aviation business. 7 August 2018
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